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$390,000

1201 Fm 1862, Blessing, TX, 77419

On MarketInfo
Beds3 Beds
Baths3 Bath
Baths2,994 Sq Ft
price_per_sqft$130.26 / sqft
Year BuiltBuilt in 1980

Property Lead Type:

Must-SellAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 3Bathrooms Full 3

Exterior

Private PoolPrivate Pool
Lot Size2 acres

Building Information

Year Built1980
Garage Spaces1

Land Information

APN13854
Land UseResidential
Legal DescriptionS F SPARKS GAINES S/D AB 560 2.0 AC
Assessed Land Value$22,800
Assessed Improvement Value$367,350
Assessment Year2025

About this property

Get ready for a one of a kind property that truly has it all! Located in Blessing, Tidehaven School District. Approximately 3,000 sq ft 3 Bedrooms 3 Bathrooms Situated on 2 Acres Attached Man Cave Attached Garage Detached Garage Detached Building Additional Storage Garage Oversized Rooms Throughout If you’ve been searching for space, storage, and endless possibilities, this property is one you won’t want to miss. Whether you need room for hobbies, vehicles, a workshop, or simply want to spread out, this home checks all the boxes.

Investor Tools

$197,937Estimated Mortgage Balance
$397,063Estimated Equity
66% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,570 /month
Positive
Cash Flow Estimate:
$1,190 /month

Interested in this property?

Nancy Aguirre

Bay City Realty

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$388/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,678
$390,150
2025
$22,800
$367,350
$390,150
No

Tax History

Year
Tax Paid
Assessed Value
2025
$1,678
$390,150

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Texas Dow Employees Cu
Conventional
$230,000
No
First
Jun 24, 2019
Jul 2049

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$197,937
$397,063
66%
33%
$1,379/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: Blessing

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1201 Fm 1862 | Property Details | No Agent List