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$359,000

1261 State Highway 110, Grand Saline, TX, 75140

$466,700 ARVInfo
On MarketInfo
Just AddedInfo
Beds3 Beds
Baths3 Bath
Baths3,000 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$119.67 / sqft
Year BuiltBuilt in 1995

Property Lead Type:

Must-SellAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 3Bathrooms Full 3
Garage AvailableGarage Available
AppliancesDishwasher, Disposal, Gas Range, Tankless Water Heater
FlooringTile

Exterior

Exterior FeaturesCourtyard, Rain Gutters, Private Entrance, Private Yard, Storage, Other
Lot Size7.94 acres

Building Information

Year Built1995
Stories1
Garage Spaces4

Land Information

APN046.0992.0130.0001.0100
Land UseResidential
Legal DescriptionACRES: 7.938 ABST: 992 SUR: J BURLESON - COMBINED WITH R47813
Census Tract950100
Assessed Land Value$43,880
Assessed Improvement Value$421,970
Assessment Year2025

About this property

7.946 acres of FREEDOM, OUT OF CITY LIMITS on flat land w.rich gardening soil. 1 story home w.3 beds w. Second Residence offering Separate Entry & Deck Full-size 2 bedrooms-kitchen-living, Barn & push gates, enclosed area around pond perfect for horses & animals. Forever home, Starter home, or Investment. Suitable for live-work arrangement for creative hobbyist, professionals, small consultancies, or entrepreneurs. Setback from the road frontage. NO Restrictions, bring pets, work truck, RV-Camper! Year-round community festivals, activities, make lifelong friends! Schools offer great sports programs and a pathway to graduate with an Associate degree from Tyler College. 30miles to Lake Tawakoni & Lake fork for boating & fishing. Upgrades includes: HVAC, Energy Efficient Solar attic vents, Never run out of heat water w.Tankless water heater in main house, NEW Flooring in apartment-New Deck-New water heater, 5 stall run w.electric & fans. Main house is Handicap Accessible throughout, Open layout with 1 living & 1 flexible area to use as sunroom-dining-2nd living. Tile flooring, Gas Kitchen Range, Corian countertops, crown molding and lots of natural light for house plants. Manageable Fenced backyard w. Open Back 6 acres is AG exempt. Oversized driveway with extra parking for boat or RV, Parking Pad & Courtyard to main house offering security from main road, Garage offers covered parking perfect for a workshop. Blackberries & Pecans grow all around the property, garden tomatoes & asparagus! Neighbors develop their land, a few seconds from Morton Salt plant, Grand Saline downtown & Grand Saline Fire Department, location perfect to hit all cities, middle of all east texas cities.

Investor Tools

Property Icon
$465,850
Estimated Property Value
$328,932Estimated Mortgage Balance
$173,617Estimated Equity
29% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
$466,700
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,795 /month
Positive
Cash Flow Estimate:
$932 /month

Interested in this property?

Brittany Realzola

eXp Realty LLC

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$658/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,561
$465,850
2025
$43,880
$421,970
$465,850
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,561
$465,850

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Guild Mortgage Co
Fha
$328,932
Yes
First
Nov 30, 2020
Dec 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$292,828
$173,022
37%
63%
$1,973/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: Grand Saline

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1261 State Highway 110 | Property Details | No Agent List