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$358,944

1296 Big Mineral Rd, Sadler, TX, 76264

$411,759 ARVInfo
Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,689 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$207.16 / sqft
Year BuiltBuilt in 1976

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
AppliancesDishwasher, Electric Cooktop, Double Oven
FlooringCarpet, Ceramic Tile

Exterior

Exterior FeaturesStorage
Lot Size3.60 acres

Building Information

Year Built1976
Garage Spaces2

Land Information

APN053 3705002
Lot Number2
SubdivisionBowers 2nd Addition
Land UseResidential
Legal DescriptionBOWERS 2ND ADDITION, LOT 2, ADDL IMPS ON TACCT, ACRES 3.596 ADDL IMPS ON TACCT
Census Tract000304
Assessed Land Value$186,489
Assessed Improvement Value$172,455
Assessment Year2025

About this property

Want to live near the lake??? How about walking distance, 1 mile from Lake Texoma...Here is a ranch style home with approximately 3.6 acres of land and lots of trees. Plenty of outside space for workshop, parking, animals, or whatever your heart desires. This home needs some work but could be fantastic. Living room is massive with tall vaulted ceilings & 375sf of space plus open concept to kitchen for entertaining your friends and family. Foundation has transferable warranty for the new owner. HVAC about 8 years old. Brand new septic system installed in April. Water well on property. Come see if this could be your next home! Please note, additional 3.116 adjacent acres potentially available to the north of the home.

Investor Tools

Property Icon
$358,944
Estimated Property Value
$341,893Estimated Mortgage Balance
$26,221Estimated Equity
5% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$411,758
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,154 /month
Positive
Cash Flow Estimate:
$718 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$478/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,946
$358,944
2025
$186,489
$172,455
$358,944
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,946
$358,944

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Fairway Independent Mortgage Corp
Fha
$341,893
Yes
First
Jun 30, 2023
Jul 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$332,723
$26,221
7%
93%
$2,106/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: Sadler

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1296 Big Mineral Rd | Property Details | No Agent List