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$205,000

NAL Estimated Property Value

1388 Rs County Road 1605, Point, TX, 75472

$266,500 ARVInfo
Off MarketInfo
Beds3 Beds
Baths4 Bath
Baths1,756 Sq Ft
price_per_sqft$298.97 / sqft
Year BuiltBuilt in 2016

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 4Bathrooms 4
AppliancesDishwasher, Disposal, Electric Range

Exterior

Exterior FeaturesRain Gutters, Garden
Lot Size2.58 acres

Building Information

Garage Spaces3

Land Information

APN17560
Land UseResidential
Legal DescriptionA0146 LYNCH JAMES ACRES 2.58
Census Tract950200
Assessed Land Value$49,803
Assessment Year2025

About this property

offering 3 bedrooms, each with its own en-suite bathroom, plus an additional half bath for guests. This thoughtfully designed home is fully fenced and gated and offers both privacy and security. The home features a spacious three-car garage with a utility sink, perfect for cleaning up after working in the garden or fields. The property is a haven for nature lovers and hobby farmers alike, boasting a small orchard with producing fruit trees, including persimmons, peaches, pears, figs, plums, mulberries, and apples. An underground irrigation system with a timer ensures effortless watering. Raised garden beds offer additional space for growing fresh produce, while rows of blackberries provide seasonal harvests. For those with livestock, the back pasture is fully fenced and ideal for horses or cattle. A standout feature of the property is the 25x65-foot shop with a 15x25 enclosed, insulated workspace, equipped with heating and cooling via a mini-split system. The shop also includes multiple 240V outlets, an electric vehicle charging station, and covered carport parking for up to five vehicles—an exceptional setup for car enthusiasts, woodworkers, or hobbyists. Additionally, the home includes a finished attic space with central heating and air (not included in the total square footage), offering endless possibilities for storage or extra living space. With its pristine condition, modern amenities, and serene setting, this property is a rare find—offering both luxury and practicality in a peaceful, rural setting.

Investor Tools

Property Icon
$205,000
Estimated Property Value
$0Estimated Mortgage Balance
$205,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
$266,500
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,150 /month
Positive
Cash Flow Estimate:
$1,050 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$145/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$719
$49,803
2025
$49,803
N/A
$49,803
No

Tax History

Year
Tax Paid
Assessed Value
2025
$719
$49,803

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$205,000
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.

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: Point

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