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$520,000

1193 Cowpen Road, Karnack, TX, 75661

$525,000 ARVInfo
Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths1,936 Sq Ft
FarmFarm
price_per_sqft$232.44 / sqft
Year BuiltBuilt in 1974

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
AppliancesDishwasher, Electric Range
FlooringLaminate, Vinyl

Exterior

Exterior FeaturesBalcony
Lot Size2 acres

Building Information

Year Built1981
Garage Spaces2

Land Information

APN00086.00100.00000.000000
Land UseResidential
Legal DescriptionACRES: 2.000 ABST: 86 J W BARRETT HSE
Census Tract020104
Assessed Land Value$5,630
Assessed Improvement Value$158,270
Assessment Year2025

About this property

86.780 acres of East Texas property between Karnack and Marshall with a two story 1936 square foot home. Home has been recently updated with new kitchen and flooring. Home includes 4 bedrooms and 2 baths with a private water well. Property is divided by Cowpen Road, with 73 acres and 1800 feet of Road frontage on East side and 14 acres with 470 feet of road frontage on the West side. Timber is a mixture of pine and mature hardwood timber. Pines being planted 5 years ago. Seller will consider dividing property. Excellent deer and hog hunting.

Investor Tools

Property Icon
$520,000
Estimated Property Value
$0Estimated Mortgage Balance
$520,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$525,000
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,120 /month
Positive
Cash Flow Estimate:
$1,040 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$298/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$972
$163,900
2025
$5,630
$158,270
$163,900
No

Tax History

Year
Tax Paid
Assessed Value
2024
$972
$163,900

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$520,000
100%
0%
$0/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.

Explore Texas Explore This Area
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: Karnack

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1193 Cowpen Road | Property Details | No Agent List