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$628,000

NAL Estimated Property Value

120 Craig Road, Buchanan Dam, TX, 78609

Off MarketInfo
Beds2 Beds
Baths2 Bath
Baths1,635 Sq Ft
FarmFarm
price_per_sqft$504.59 / sqft
Year BuiltBuilt in 2014

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
AppliancesGas Cooktop, Gas Oven, Refrigerator
FlooringHardwood

Exterior

Exterior FeaturesLighting, Private Entrance, RV Hookup, Storage
Lot Size21,780 sqft

Building Information

Year Built2014
Stories1
Roof Type112
Garage Spaces7

Land Information

APN71426
SubdivisionThree Springs Ranch
Land UseResidential
Legal DescriptionTHREE SPRINGS RANCH PT OF TRACT 2 0.500 AC
Census Tract970100
Assessed Land Value$7,740
Assessed Improvement Value$373,360
Assessment Year2025

About this property

Welcome to a picturesque 10-acre farm in Buchanan Dam, Texas, where rustic charm meets modern convenience. This property features a delightful 2-bedroom, 2-bath house with an open floor plan and unique touches like Australian toilets, hardwood floors, stained glass windows, and a cozy pellet stove. The large wrap-around porch invites relaxation and outdoor living. Additionally, there's a spacious 5,000 sq ft shop equipped with electricity, a roll-up door, and a large double door, perfect for various projects and storage. The property also includes an RV hookup, a small storage building, a storage container, and a covered patio-party area complete with a fire pit slab. A high-fence pen is ideal for animals, and there’s a dedicated grapevine growing area, wooden planters, and a small fruit tree area. The two high-producing wells ensure a reliable water supply, while the property is secured with a nice pipe fence around the house and perimeter fencing with a gated entry. A serene small pond enhances the charm of this exceptional farm. This property combines functionality and aesthetics, making it a true gem in Buchanan Dam.

Investor Tools

Property Icon
$628,000
Estimated Property Value
$0Estimated Mortgage Balance
$628,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,950 /month
Positive
Cash Flow Estimate:
$1,650 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$349/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,046
$381,100
2025
$7,740
$373,360
$381,100
No

Tax History

Year
Tax Paid
Assessed Value
2025
$1,046
$381,100

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$628,000
100%
0%
$0/mo

City: Buchanan Dam

120 Craig Road | Property Details | No Agent List