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$505,000

NAL Estimated Property Value

1297 N Ave N, Johnson City, TX, 78636

$656,500 ARVInfo
Off MarketInfo
Beds6 Beds
Baths4 Bath
Baths4,006 Sq Ft
FarmFarm
price_per_sqft$473.04 / sqft
Year BuiltBuilt in 1940

Highlights

Interior

Bedrooms 6Bedrooms 6
Bathrooms 4Bathrooms 4
AppliancesDishwasher, Disposal, Dryer, Electric Range, Microwave, Refrigerator, Washer, Water Softener

Exterior

Lot Size22.89 acres

Building Information

Year Built1950
Garage Spaces3

Land Information

APNR19793
Lot Number2
SubdivisionLake On Flat Creek
Land UseSingle Family Residence Rural Only
Legal DescriptionLAKE ON FLAT CREEK, BLK 01, LOT 02, ACRES 22.89
Census Tract950101
Assessed Land Value$28,310
Assessed Improvement Value$138,900
Assessment Year2025

About this property

MOTIVATED SELLER! This private retreat on 55 acres features tranquil Flat Creek, huge Oak trees & a Wildlife exemption. It consists of 2 adjacent lots, the original restored 3BD 2BA rock ranch home on 32.14 ac with creek & the original barn remodeled into a 3BD 2BA barndominium on 22.89- lots can be sold separately. The barndominium can be used for guest home or long term rental. The estate offers an abundance of wildlife: foxes, owls, turkeys & deer. Very convenient, yet secure being in the Lake on Flat Creek gated ranch subdivision. The main house features pressed tin ceilings in kitchen, custom cabinets, beadboard ceilings, oak hardwood floors, fireplace in living room, propane soapstone stove in the master & jacuzzi tub in guest bathroom. Upgrades include a new whole-house Generac generator & new AC. Outdoors, you'll find an in-ground pool with waterfall, an expansive 2-car garage, RV carport, & a bird blind for wildlife viewing. Very UNIQUE PROPERTY! CALL FOR A SHOWING TODAY!

Investor Tools

Property Icon
$505,000
Estimated Property Value
$0Estimated Mortgage Balance
$505,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
$656,500
Rent-to-Value Ratio: 0.72%
Rent Estimate
$11,370 /month
Positive
Cash Flow Estimate:
$3,790 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$399/month
$2,200/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,261
$167,210
2025
$28,310
$138,900
$734,040
No

Tax History

Year
Tax Paid
Assessed Value
2025
$2,261
$167,210

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$505,000
100%
0%
$0/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: Johnson City

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1297 N Ave N | Property Details | No Agent List