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$695,970

NAL Estimated Property Value

1337 Rice Rd, Eagle Lake, TX, 77434

Off MarketInfo
Beds1 Beds
Baths0 Bath
Baths1,000 Sq Ft
price_per_sqft$597.29 / sqft
Year BuiltBuilt in 2011

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 1Bedrooms 1
Bathrooms 0Bathrooms 0
FlooringLaminate

Exterior

Lot Size56.88 acres

Building Information

Year Built2020

Land Information

APN2068800600000
SubdivisionA-688 E Simpson
Land UseFarm & Ranch Improved - Rural Residence
Legal DescriptionA-688 E SIMPSON #8 56.884 AC (TRACT 6,7,9) BLDGS & WELL
Census Tract750100
Assessment Year2025

About this property

Discover the potential of this exceptional ±56.88ac. property, nestled on a quiet road amid scenic farmland. Once an olive farm, it offers diversity! A 1300-ft crowned driveway leads past irrigated orchards to the property’s improvements. Cabin #1 (192 sq. ft.) features insulated plywood walls, floating wood floors, a kitchenette, shower, concealed water tanks, and mini-split climate control. Connected by a 12' x 12' covered porch, Cabin #2 (264 sf.) offers additional living space with ample natural light and its own mini-split system. Two metal buildings 1,000 sf. & 200 sf., provide storage/workshop space. A 220-ft deep well supplies water, with ±16 irrigated acres. An LCRA canal easement crosses the property with additional water potential. Beyond the canal, ±40 acres suit hunting, cattle, or hay production, complemented by a seasonal pond. Fully fenced with electricity, this versatile property is ideal as a ranch, retreat, or farm with easy access to Houston, Austin & San Antonio.

Investor Tools

Property Icon
$695,970
Estimated Property Value
$0Estimated Mortgage Balance
$695,970Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,176 /month
Positive
Cash Flow Estimate:
$1,392 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$319/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$348
$695,970
2025
N/A
N/A
$705,280
No

Tax History

Year
Tax Paid
Assessed Value
2025
$348
$695,970

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$695,970
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.

Explore Texas Explore This Area
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: Eagle Lake

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1337 Rice Rd | Property Details | No Agent List