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$2,398,469

NAL Estimated Property Value

1215 Fm 2737, Lone Oak, TX, 75453

Off MarketInfo
Beds4 Beds
Baths5 Bath
Baths4,287 Sq Ft
price_per_sqft$611.15 / sqft
Year BuiltBuilt in 2021

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms 4.5Bathrooms 4.5
AppliancesBuilt-In Gas Range, Dishwasher, Disposal, Gas Oven, Gas Range, Ice Maker, Microwave, Double Oven, Tankless Water Heater, Wine Cooler
FlooringCarpet, Concrete, Hardwood

Exterior

Private PoolPrivate Pool
Exterior FeaturesBalcony, Basketball Court, Fire Pit, Outdoor Kitchen, Outdoor Grill
Lot Size55.40 acres

Building Information

Year Built2018
Garage Spaces3

Land Information

APN629
Land UseResidential
Legal DescriptionA0014 BROOKS THOMAS D ACRES 55.4
Census Tract950200
Assessed Land Value$452,503
Assessed Improvement Value$1,945,966
Assessment Year2025

About this property

This Spanish Colonial masterpiece sits on just over 55-acres! As you arrive on the property, you're taken down a scenic winding road that opens up to the impressive castle-like facade. You'll then see the grand staircase with finishes of wrought iron and Spanish tile. You will adore the open-concept living area with rustic beams and a wood-burning fireplace. The adjacent kitchen is a chef's dream boasting a 6-burner stove, pot filler, & sub-zero refrigerator. There are exquisite details throughtout including hand-carved wood, ornamental lighting, & arched entryways. The primary bedroom features vaulted ceilings and access to the patio. The views are breathtaking from the upstairs living room balcony as you overlook your entertaining oasis. An outdoor retreat awaits you with an expansive patio, outdoor kitchen, fireplace, and a pool complete with a waterfall feature and hot tub. The poolhouse 1692 sf could double as a gym or a MIL suite as it has a full kitchen, bedroom, and bathroom.

Investor Tools

Property Icon
$2,398,469
Estimated Property Value
$167,315Estimated Mortgage Balance
$2,231,154Estimated Equity
93% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$15,720 /month
Positive
Cash Flow Estimate:
$5,240 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$3,356/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$28,286
$2,398,469
2025
$452,503
$1,945,966
$2,398,469
No

Tax History

Year
Tax Paid
Assessed Value
2025
$28,286
$2,398,469

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Lone Star Ag Credit
Open End Mortgage / Open End With Future Advance Clause
$201,260
No
First
Feb 22, 2018
Mar 2038

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$167,315
$2,231,154
93%
7%
$1,207/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.

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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: Lone Oak

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