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$575,000

1144 Alamo Rd, Montague, TX, 76251

PendingInfo
Beds3 Beds
Baths2 Bath
Baths1,904 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$302 / sqft
Year BuiltBuilt in 2022

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
AppliancesDishwasher, Disposal, Gas Range, Gas Water Heater, Microwave, Tankless Water Heater
FlooringCeramic Tile, Vinyl

Exterior

Private PoolPrivate Pool
Exterior FeaturesRain Gutters, Lighting, Storage
Lot Size5 acres

Building Information

Year Built2022
Garage Spaces2

Land Information

APNR000027190
Lot Number5
Land UseResidential
Legal DescriptionACRES: 5.000 LOT 5 BLK 1 KINGDOM HEIGHTS SD (AB459 TR 3)
Census Tract950600
Assessed Land Value$98,960
Assessed Improvement Value$487,510
Assessment Year2025

About this property

MOTIVATED SELLER. Seller will consider contribution to buyer's closing costs with acceptable offer! Escape to your own private five-acre homestead, where modern luxury meets the quiet charm of country living. This practically new custom home offers the perfect balance of sophisticated design and functional hobby-farm features, all while benefiting from the advantage of lower taxes. Inside, the open-concept layout is tied together by durable luxury vinyl plank flooring and stylish wood barn doors, creating a warm, contemporary aesthetic. The thoughtful split-bedroom arrangement ensures privacy, while the professionally converted garage provides a massive game room perfect for Friday night movies or a home gym. The primary suite serves as a true sanctuary, featuring a spacious bedroom and an ensuite bath that rivals a high-end spa. You can unwind in the large separate soaking tub or the oversized walk-in shower, complemented by dual vanities equipped with built-in mirror defoggers for a seamless morning routine. Step outside to an entertainer’s paradise, where a sprawling back patio overlooks a stunning heated gunite pool and spa. Whether you’re relaxing on the tanning ledge or hosting a summer BBQ, the expansive acreage ensures total seclusion. For the tinkerer or homesteader, the property includes a versatile outbuilding featuring a dedicated shop, a two-car vehicle bay, and a convenient lean-to shed. Complete with a ready-to-use chicken coop and ample room for livestock, this property is a rare find for those seeking a turnkey lifestyle on small acreage. As a convenience, in the event of bad weather, this home comes equipped with a generator hook up so no extension cords needed!

Investor Tools

Property Icon
$594,000
Estimated Property Value
$405,000Estimated Mortgage Balance
$218,637Estimated Equity
32% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,564 /month
Positive
Cash Flow Estimate:
$1,188 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$443/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,351
$586,470
2025
$98,960
$487,510
$586,470
No

Tax History

Year
Tax Paid
Assessed Value
2025
$2,351
$586,470

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
First State Bank
Conventional
$405,000
No
First
Aug 5, 2022
Sep 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$375,363
$218,637
36%
63%
$2,429/mo

Learn About the Market: Opportunity in Texas

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Texas

Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.

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Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: Montague

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1144 Alamo Rd | Property Details | No Agent List