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$539,000

1286 Oil Patch Rd, New Ulm, TX, 78950

On MarketInfo
Beds1 Beds
Baths1,024 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$526.37 / sqft
Year BuiltBuilt in 2002

Property Lead Type:

Off-Market ListMust-SellAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 1Bedrooms 1
AppliancesElectric Oven, Microwave, Electric Range, Oven
FlooringVinyl

Exterior

Lot Size4.99 acres

Building Information

Year Built1940

Land Information

APN2043401500000
SubdivisionA-434 J Nelson
Land UseResidential
Legal DescriptionA-434 J NELSON 4.991 AC HOUSE & BLDG
Census Tract750400
Assessed Land Value$184,670
Assessed Improvement Value$163,420
Assessment Year2025

About this property

Welcome to this beautiful and private property in great location in New Ulm! Situated on approximate 5 acres of beautiful land, you'll find a cabin and a colonial home waiting for your personal touch. The existing cabin is gutted, with central A/C and heat, electric, septic tank and water well while the colonial home from Houston (also gutted) is ready for renovations and in need of utilities. A pond adds charm between the two structures, creating a secluded oasis surrounded by greenery and oak trees. With street access and large ranches nearby, this property offers endless possibilities for those seeking privacy and natural beauty. Don't miss out on this hidden gem!

Investor Tools

$146,661Estimated Mortgage Balance
$387,614Estimated Equity
72% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,234 /month
Positive
Cash Flow Estimate:
$1,078 /month

Interested in this property?

Dennis Pow

Texas Land Group of Columbus

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$581/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,298
$348,090
2025
$184,670
$163,420
$348,090
Yes (2024)

Tax History

Year
Tax Paid
Assessed Value
2025
$4,298
$348,090

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Texas Regional Bank
Unknown
$160,000
No
First
Dec 3, 2021
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$146,661
$387,339
72%
27%
$960/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: New Ulm

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1286 Oil Patch Rd | Property Details | No Agent List