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Days361Days on Market
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$249,000

$275,000

1383 Bailey Cutoff, Marshall, TX, 75670

On MarketInfo
Price DropInfo
Beds2 Beds
Baths1 Bath
Baths1,308 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$190.37 / sqft
Year BuiltBuilt in 1930

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Half 1Bathrooms Half 1
Garage AvailableGarage Available
AppliancesDishwasher, Electric Water Heater

Exterior

Lot Size2.84 acres

Building Information

Year Built1930
Stories1
Garage Spaces4

Land Information

APN00534.00085.00000.000000
Land UseResidential
Legal DescriptionACRES: 2.845 ABST: 534 G W OLIVER HSE
Census Tract020605
Assessed Land Value$32,510
Assessed Improvement Value$109,610
Assessment Year2025

About this property

Farmhouse on 5.845 acres outside of Marshall city limits. 2-bedroom, 1-bath home that has the look and feel of the past. Built in 1930. A quaint front porch to enjoy the view of the landscaped yard, plus a deck to relax on at the end of the day. The home has an airtight wood-burning stove that will heat the whole house on a cold night. Fast internet is available. The home has a heat pump for energy efficiency. This home comes with a storage building and a barn. There is also a mobile home site on the north pasture, complete with electricity and a septic system. There is plenty of room for farm animals and gardening.

Investor Tools

$79,877Estimated Mortgage Balance
$192,719Estimated Equity
70% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,632 /month
Positive
Cash Flow Estimate:
$544 /month

Interested in this property?

Lucy Golladay

Century 21 A Select Group

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$286/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
N/A
$142,120
2025
$32,510
$109,610
$142,120
No

Tax History

Year
Tax Paid
Assessed Value
2024
N/A
$142,120

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Wei Mortgage Corporation
Conventional
$97,262
No
First
Sep 6, 2017
Oct 2037

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$79,877
$192,123
70%
29%
$584/mo

Learn About the Market: Opportunity in Texas

Local Market Pages
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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: Marshall

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1383 Bailey Cutoff | Property Details | No Agent List