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$379,900

1322 North Market Street, Grapeland, TX, 75844

Under ContractInfo
Beds3 Beds
Baths2 Bath
Baths1,792 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$212 / sqft
Year BuiltBuilt in 2024

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

About this property

Located in the heart of Grapeland, TX, this 8.3940-acre tract is ready for you to call home, work, or both! There is a 2024-model double wide mobile home located on one end of the property with large deck across the front to sit and relax after a long day. The home features a spacious, open concept layout – great for entertaining. The living area has an electric fireplace, while the island kitchen offers great cabinet and counterspace. Sliding barndoors off the living area lead you into an extra room that could be used as a private dining room or office. The primary suite has his and her walk-in closets, and a private bath with his and her sinks and a large walk-in shower. Two guest bedrooms share a Jack and Jill bathroom. Outside, you will appreciate the carport with storage and fenced area for your pets. This property has road frontage on North Market and US Highway 287. This property could easily be used as your residence and business location, or could even be subdivided.

Investor Tools

$0Estimated Mortgage Balance
$376,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,279 /month
Positive
Cash Flow Estimate:
$760 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$157/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
N/A
$162,480
2025
N/A
$162,480
$162,480
No

Tax History

Year
Tax Paid
Assessed Value
2025
N/A
$162,480

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$376,000
100%
0%
$0/mo

Learn About the Market: Opportunity in Texas

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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: Grapeland

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1322 North Market Street | Property Details | No Agent List