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$424,800

132 County Road 33980 N, Powderly, TX, 75473

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths2,505 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$239.12 / sqft
Year BuiltBuilt in 1992

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 2.5Bathrooms 2.5
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Range, Microwave
FlooringCarpet, Vinyl

Exterior

Lot Size2.35 acres

Building Information

Year Built1992
Garage Spaces2

Land Information

APN103912
Lot Number15
SubdivisionHighland Place
Land UseAgriculture / Farming
Legal DescriptionHIGHLAND PLACE, LOT 15, 4590 GATEWAY, ACRES 2.35 4590 GATEWAY
Census Tract000101
Assessed Land Value$11,330
Assessed Improvement Value$413,470
Assessment Year2025

About this property

Perfect property for a homestead or prepper--almost 10 acres and highly equipped! This beautiful 3 bed, 2 1.2 bath 2,505 sf home has a 300sf covered patio and 2-car garage. Nice large entryway, fireplace, recently updated with Luxury Vinyl Plank flooring and new carpet in bedrooms, new paint throughout, new hot water heater, new programable electronic lock and nest learning thermostat. Roof and AC replaced in 2019. Pasture has stocked pond, is cross-fenced, creek along the back, 30' x 40' barn with 2 horse or livestock stalls, insulated, AC unit, 30' x 30' shed, 6 smaller sheds incl. woodshed, 147 sf raised bed gardens, 52 sf winter cold frames, chicken coop, livestock corral, head-gate, loading shoot, 25 fruit tree orchard--figs, peaches, pears, apples, pomegranates and plums, large blackberry patch, 10 pecan trees, 40 nectar trees for bees. John boat for pond, fire pit and three 2500-gallon tanks for water harvesting convey. Property taxes on pasture are Ag-exempt!

Investor Tools

Property Icon
$424,800
Estimated Property Value
$0Estimated Mortgage Balance
$92,676Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,594 /month
Positive
Cash Flow Estimate:
$1,198 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$426/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,986
$424,800
2025
$11,330
$413,470
$424,800
No

Tax History

Year
Tax Paid
Assessed Value
2022
$2,986
$424,800

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Rocket Mortgage Llc
Conventional
$359,000
No
First
May 26, 2022
Jun 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$332,124
$92,676
21%
78%
$2,153/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: Powderly

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132 County Road 33980 N | Property Details | No Agent List