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$596,000

1261 Natty Flat Road, Lipan, TX, 76462

Off MarketInfo
Beds2 Beds
Baths1 Bath
Baths1,440 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$114.58 / sqft
Year BuiltBuilt in 1960

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms 1Bathrooms 1
AppliancesElectric Range, Refrigerator, Gas Water Heater
FlooringLaminate, Wood

Exterior

Exterior FeaturesRain Gutters, Storage
Lot Size1.35 acres

Building Information

Year Built1960

Land Information

APN022770050
SubdivisionRa Porter Survey A-362
Land UseResidential
Legal DescriptionAB 362 TR 13-A-1 RA PORTER G#10362-00-0013A-001-00-0
Census Tract000300
Assessed Land Value$121,680
Assessed Improvement Value$184,890
Assessment Year2025

About this property

BACK ON THE MARKET...BUYER UNABLE TO OBTAIN FINANCING, ADORABLE, VERY WELL MAINTAINED 2 BEDROOM 1 BATH ON 1.3 ACRES IN A VERY DESIRABLE LOCATION. THIS CUTE HOME OFFERS SO MUCH, NEW ROOFS, ORIGINAL HARDWOOD FLOORS, UPDATED THROUGH OUT, NEW PAINT, A DOZEN OF MAJESTIC OAKS TREES FOR FABULOUS SHADE, QUITE COUNTRY NEIGHBORHOOD WITH VERY QUICK ACCESS TO I-20, 10 X 14 OFFICE-MAN CAVE WITH ELECTRIC AND AC, COULD BE TURNED INTO ADDITIONAL LIVING AREA, 4 STALL LOAFING SHED, 20 X 40 CONCRETE BARN WITH AN INSULATED 12 X 12 OFFICE AND AC, CHICKEN COOP IN ONE SIDE, PLENTY OF STORAGE FOR HAY OR FARM EQUIPMENT, NO RESTRICTIONS, OUTSIDE OF CITY LIMITS, BRING YOUR HORSES AND MAKE THIS CUTE COUNTRY HOME YOURS

Investor Tools

Property Icon
$596,000
Estimated Property Value
$0Estimated Mortgage Balance
$454,685Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,576 /month
Positive
Cash Flow Estimate:
$1,192 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$601/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,236
$306,570
2025
$121,680
$184,890
$306,570
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,236
$306,570

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Guild Mortgage Co
Conventional
$156,850
No
First
Mar 12, 2021
Apr 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$141,315
$454,685
76%
24%
$941/mo

Learn About the Market: Opportunity in Texas

Local Market Pages
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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: Lipan

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1261 Natty Flat Road | Property Details | No Agent List