$390,000
1201 Fm 1862, Blessing, TX, 77419
On Market
Property Lead Type:
Must-SellAbsentee OwnerHigh Equity
Highlights
Interior
Exterior
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
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
