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$394,000

1287 County Road 3524, Dike, TX, 75437

Off MarketInfo
Beds2 Beds
Baths2 Bath
Baths1,432 Sq Ft
FarmFarm
price_per_sqft$331.7 / sqft
Year BuiltBuilt in 1960

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms 2Bathrooms 2
AppliancesDishwasher, Electric Cooktop, Electric Oven

Exterior

Lot Size36.32 acres

Building Information

Year Built1960

Land Information

APNR000014495
SubdivisionHawkins James Survey A-
Land UseResidential
Legal DescriptionACRES: 36.318 ABS: 397 TR: 6-08 SUR: HAWKINS JAMES 746X956X893X1214
Census Tract950100
Assessment Year2025

About this property

Back on the market due to Buyers inability to obtain financing. We were told the property appraised for $515,000! This charming 2-bedroom, 2-bathroom home is nestled in a tranquil community, offering the perfect blend of comfort and country living. As you approach, you'll be greeted by an expansive front porch, ideal for relaxing with a morning coffee or enjoying peaceful evenings. The back porch is equally impressive, providing a spacious area for outdoor dining, entertaining, or simply taking in the stunning natural surroundings. The 36-acre property boasts a picturesque mix of open pasture and beautiful wooded areas, offering endless opportunities for outdoor activities. Inside, the home features a cozy yet spacious layout. The living area is warm and inviting, perfect for family gatherings or quiet nights in. Both bedrooms are generously sized, offering comfort and privacy. The two bathrooms are tastefully designed, providing convenience and style. This property is a true gem for those seeking a peaceful, rural lifestyle without sacrificing comfort.

Investor Tools

Property Icon
$394,000
Estimated Property Value
$166,000Estimated Mortgage Balance
$231,672Estimated Equity
58% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,850 /month
Positive
Cash Flow Estimate:
$950 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$236/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$856
$192,980
2025
N/A
N/A
$475,730
No

Tax History

Year
Tax Paid
Assessed Value
2025
$856
$192,980

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Churchill Mortgage Corp
Conventional
$166,000
No
First
Feb 28, 2025
Mar 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$162,328
$231,672
58%
41%
$996/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.

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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: Dike

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1287 County Road 3524 | Property Details | No Agent List