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$1,336,000

NAL Estimated Property Value

1151 Fm 2915, Lovelady, TX, 75851

Off MarketInfo
Beds3 Beds
Baths4 Bath
Baths3,136 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$412.95 / sqft
Year BuiltBuilt in 2008

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 4Bathrooms 4
AppliancesDisposal, Double Oven, Electric Oven, Microwave, Gas Range, Dishwasher, Refrigerator
FlooringCarpet, Tile, Wood

Exterior

Lot Size20 acres

Building Information

Year Built2008

Land Information

APN000110069000000000286
SubdivisionJ S Blount
Land UseResidential
Legal DescriptionJ S BLOUNT AB 11 20.000
Census Tract950700
Assessed Land Value$136,000
Assessed Improvement Value$876,200
Assessment Year2025

About this property

This breathtaking plantation-style farmhouse is an idyllic waterfront home on your very own private 4+-acre lake. You will be impressed with the attention to detail and many upgrades, such as beautiful moldings, pretty hardwood floors, two fireplaces, and top of the line Anderson windows that offer efficiency, natural light, and wonderful views. The country-style gourmet kitchen and spacious casual dining area with pine plank walls add to the character of the home. In addition to the open living areas downstairs, there is a beautiful study/office that is great for those working from home, and a ½ bath for guest. Upstairs, you will find a primary ensuite with a WOW view of the property. There are also two additional bedroom suites with private baths. The property is fenced and cross-fenced for horses and cattle. There is a large horse or hay barn, hay meadow, working pends, and an abundance of wildlife for the outdoor enthusiast. Additional 688-acres adjoining acres for sale!

Investor Tools

Property Icon
$1,336,000
Estimated Property Value
$1,143,542Estimated Mortgage Balance
$192,458Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$8,016 /month
Positive
Cash Flow Estimate:
$2,672 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$756/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,394
$1,012,200
2025
$136,000
$876,200
$1,012,200
No

Tax History

Year
Tax Paid
Assessed Value
2022
$2,394
$1,012,200

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
United Wholesale Mortgage
Va
$1,225,000
Yes
First
Oct 4, 2022
Nov 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$1,143,542
N/A
0%
86%
$7,345/mo

Learn About the Market: Opportunity in Texas

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Explore

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: Lovelady

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1151 Fm 2915 | Property Details | No Agent List