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$399,000

NAL Estimated Property Value

12391 Fm 266, Goree, TX, 76363

$518,700 ARVInfo
Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths4,850 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$48.45 / sqft
Year BuiltBuilt in 1953

Property Lead Type:

Off-Market ListARV FlipAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 3Bathrooms 3
AppliancesDishwasher, Electric Cooktop, Electric Oven, Microwave, Refrigerator
FlooringCarpet, Slate, Vinyl

Exterior

Exterior FeaturesAwning(s), Courtyard
Lot Size4.60 acres

Land Information

APN514530040000000300082
Land UseAgriculture / Farming
Legal DescriptionACRES: 4.600 ABST 1453 BLK 45 SEC 82 H&TC RR GOREE
Census Tract950200
Assessed Land Value$7,360
Assessed Improvement Value$249,940
Assessment Year2025

About this property

A show-stopping home with incredible design. Throughout you will find stone, slate, redwood, & cedar. This stunning home is built for entertaining with an open concept that surrounds a courtyard brimming with potential. This one of a kind home features cathedral & vaulted ceilings in the entry, livings, and master bedroom. There is a fireplace in each living area that make a warm and cozy statement piece. All bedrooms are generous in size with tons of storage throughout. Pocket doors and plantain shutters add a touch of luxury. A class 4 hail resistant roof installed in 2023 will save $$ on home insurance. The property includes a 1 bedroom stone guest house that is ready to restore. Property lines per aerial photo are not exact, seller would be open to modifying property lines to include the barn to the east as well as additional acreage to the north. SELLER IS OFFERING $5,000 CREDIT FOR UPDATES OR CLOSING COSTS!

Investor Tools

Property Icon
$399,000
Estimated Property Value
$0Estimated Mortgage Balance
$399,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
$518,700
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,394 /month
Positive
Cash Flow Estimate:
$798 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$682/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,193
$257,300
2025
$7,360
$249,940
$257,300
No

Tax History

Year
Tax Paid
Assessed Value
2025
$6,193
$257,300

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$399,000
100%
0%
$0/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: Goree

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12391 Fm 266 | Property Details | No Agent List