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$265,000

12255 County Road 136, Centerville, TX, 75833

Under ContractInfo
Beds4 Beds
Baths4 Bath
Baths1,144 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$231.64 / sqft
Year BuiltBuilt in 2007

Property Lead Type:

Must-SellAbsentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms 4Bathrooms 4
AppliancesMicrowave, Dishwasher

Exterior

Lot Size12.16 acres

Building Information

Year Built1980
Garage Spaces2

Land Information

APN09600-01520-00000-000000
Lot Number14,15
Land UseRural Improve W/Mobile Home
Legal DescriptionRIVERLAND ACRES SEC 3 LT 14 & 15 12.160 AC AB JAMES
Census Tract950302
Assessed Land Value$194,560
Assessed Improvement Value$44,980
Assessment Year2025

About this property

Rare opportunity to own a turnkey 12-acre retreat at 12255 County Road 136 in Centerville featuring three move-in ready cabins, each with its own bathroom, offering flexibility as a homestead, family compound, Airbnb investment, or weekend getaway. The property includes approximately 200 sq ft, 406 sq ft, and 482 sq ft cabins, along with power available on both ends of the property and an installed septic system. Additional improvements include a livestock barn, three storage sheds, and plenty of open space for grazing, gardening, recreation, or future expansion. Surrounded by scenic East Texas countryside with a mix of open land and mature trees, this private setting offers peaceful country living with convenient access to I-45 and a location roughly halfway between Dallas and Houston. Properties with multiple cabins, utilities, and acreage already in place are hard to find, making this a unique opportunity for personal use, rental income, or investment potential.

Investor Tools

Property Icon
$265,000
Estimated Property Value
$176,000Estimated Mortgage Balance
$95,875Estimated Equity
34% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,590 /month
Positive
Cash Flow Estimate:
$530 /month

Interested in this property?

Michael Furman

Re/Max Platinum

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$273/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,956
$239,540
2025
$194,560
$44,980
$239,540
No

Tax History

Year
Tax Paid
Assessed Value
2025
$1,956
$239,540

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Lorri Anne Lehman
Building Or Construction Loan
$176,000
No
First
Apr 2, 2024
Apr 2031

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$169,125
$95,875
36%
64%
$1,056/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: Centerville

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12255 County Road 136 | Property Details | No Agent List