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$385,000

1206 Highway 81 N, Bowie, TX, 76230

On MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,677 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$229.58 / sqft
Year BuiltBuilt in 1954

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
AppliancesDishwasher, Electric Oven

Exterior

Lot Size9.99 acres

Building Information

Year Built1954
Garage Spaces2

Land Information

APNR000013643
Land UseResidential
Legal DescriptionACRES: 9.990 AB 784 BLK 2856 TE&L CO SURVEY
Census Tract950501
Assessed Land Value$188,810
Assessed Improvement Value$177,360
Assessment Year2025

About this property

Rare find! Not far from downtown Bowie and offering 9.99 acres that include storage areas and plenty of space for cows and horses. This 3 bed 2 bath has lots of space for gathering and entertaining inside or outside! Space for horses , cows, or any animal that you desire to keep on the property. House is being sold as is. Please schedule a showing and leave us some feedback. Sellers are willing to subdivide with different options.

Investor Tools

$261,495Estimated Mortgage Balance
$119,993Estimated Equity
31% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,310 /month
Positive
Cash Flow Estimate:
$770 /month

Interested in this property?

Jill Simpson

The Property Shop

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$269/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,317
$366,170
2025
$188,810
$177,360
$366,170
No

Tax History

Year
Tax Paid
Assessed Value
2025
$1,317
$366,170

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Everett Financial Inc
Fha
$284,747
Yes
First
Jan 28, 2022
Feb 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$261,495
$119,505
31%
69%
$1,708/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: Bowie

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1206 Highway 81 N | Property Details | No Agent List