Real opportunities. Driven by live market signals.
Updated every minute.

Browse Homes — Buy Direct, Deal on Your Terms

Updated Properties Icon
Updated Properties
—
Last 24 HoursLast 24 Hours
ARV Flip List
ARV Flip List
  • Properties with flip potential and high ARV margins
Pre-Foreclosure List
Pre-Foreclosure List
  • Homes with notice of default or impending auction
Auction List
Auction List
  • Real estate scheduled for county or online auction
Deals List
Deals List
  • Discounted properties priced below market value
Must Sell List
Must Sell List
  • Highly motivated sellers looking for fast closings
Off-Market List
Off-Market List
  • Exclusive off-market opportunities not found on MLS

$2,700,000

1237 Private Road 2181, Giddings, TX, 78942

On MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,977 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$1,365.71 / sqft
Year BuiltBuilt in 2008

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 2Bathrooms 2

Exterior

Lot Size68.65 acres

Building Information

Year Built1981

Land Information

APN14741
Land UseAgriculture / Farming
Legal DescriptionA105 EASTLAND, W. M., TRACT 019, ACRES 68.649
Census Tract000300
Assessed Land Value$801,290
Assessed Improvement Value$667,090
Assessment Year2025

About this property

Tucked away at the end of a secluded private road, Mercer K Ranch is a rare Lee County retreat offering 97 acres of rolling, wooded beauty centered around a stunning 10-acre lake. The ranch features three separate residences. Main residence offers 3 bedrooms, 2 bath, and expansive front and back porches positioned on a hilltop with views of the lake. The guest house has an open-concept living and kitchen area, connected by a screened breezeway ideal for hosting family, guests, or corporate retreats. The lakeside cabin offers a cozy charm with cedar wood finishes, open living and kitchen layout, and a front porch overlooking the water. At the heart of the ranch stands an original log barn dating back to the 1860s.. Rolling hills, mature oak, cedar, pine, and native hardwoods. Three additional ponds with water well supplementation. Rabbs Creek borders the ranch, while multiple tributaries wind through the property, enhancing both the beauty and wildlife habitat.

Investor Tools

$314,761Estimated Mortgage Balance
$1,153,619Estimated Equity
78% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$16,200 /month
Positive
Cash Flow Estimate:
$5,400 /month

Interested in this property?

Cody Maxwell

Capitol Ranch Real Estate

ContactContact

Want alerts when something changes with this property?

Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,364/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$9,020
$1,468,380
2025
$801,290
$667,090
$1,468,380
No

Tax History

Year
Tax Paid
Assessed Value
2025
$9,020
$1,468,380

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
United States Small Business Admin
Closed-End Mortgage / Closed-End With Future Advance Clause
$318,000
No
First
Oct 22, 2025
Oct 2040

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$314,761
$1,153,619
78%
21%
$1,907/mo

City: Giddings

1237 Private Road 2181 | Property Details | No Agent List