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$275,000

12246 Roese Rd, Iola, TX, 77861

Off MarketInfo
Beds1 Beds
Baths1 Bath
Baths720 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$381.94 / sqft
Year BuiltBuilt in 1992

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 1Bedrooms 1
Bathrooms Full 1Bathrooms Full 1

Exterior

Lot Size10 acres

Building Information

Year Built2023
Stories1
Roof Type105

Land Information

APNR24678
Lot Number116
Land UseResidential
Legal DescriptionFIVELAND SUB #1, LOT 116, ACRES 10
Census Tract180303
Assessed Land Value$192,000
Assessed Improvement Value$44,590
Assessment Year2025

About this property

Rural property on beautiful wooded 9.89 acres. Quiet country living with beautiful mature oak trees. Room to raise livestock, garden, or enjoy the wildlife in the area. The home is currently uninhabitable. The Iola property is located in Grimes County, 30 minutes from Bryan/College Station. Details: Wickson Water, electricity available on property, MidSouth Fiber high-speed internet.

Investor Tools

Property Icon
$275,000
Estimated Property Value
$402,780Estimated Mortgage Balance
$0Estimated Equity
-46% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,650 /month
Positive
Cash Flow Estimate:
$550 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$270/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,863
$236,590
2025
$192,000
$44,590
$236,590
No

Tax History

Year
Tax Paid
Assessed Value
2025
$1,863
$236,590

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
American Momentum Bank
Conventional
$402,780
No
First
Mar 3, 2025
Apr 2056

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$394,477
N/A
0%
143%
$2,415/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: Iola

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12246 Roese Rd | Property Details | No Agent List