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$302,000

NAL Estimated Property Value

1389 Fm 1816, Bowie, TX, 76230

$331,248 ARVInfo
Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths2,096 Sq Ft
price_per_sqft$140.74 / sqft
Year BuiltBuilt in 1970

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 2Bathrooms 2
AppliancesDishwasher, Disposal, Dryer, Electric Cooktop, Electric Range, Gas Water Heater, Ice Maker, Refrigerator, Washer
FlooringCarpet, Ceramic Tile, Vinyl

Exterior

Exterior FeaturesStorage, Other
Lot Size2 acres

Building Information

Year Built1970
Garage Spaces2

Land Information

APNR000013733
Land UseResidential
Legal DescriptionACRES: 2.000 AB 804 TE&L CO
Census Tract950501
Assessed Land Value$49,520
Assessed Improvement Value$243,030
Assessment Year2025

About this property

Nestled just outside the city limits, this charming three bedroom two bathroom, multi level property has so much to offer. The interior reveals immaculate upkeep and beautiful original woodwork. The expansive upstairs area offers versatility, serving as a potential additional bedroom or adaptable space for various needs.Recent upgrades enhance the home's appeal, including a new HVAC system installed in 2019 and a new roof in 2021. Additionally, all appliances and propane heaters are included. Adjacent to the two car garage, a convenient laundry room is accessible from both the back porch and the master bedroom. From here, a cellar awaits, ideal for additional storage or as a shelter. The property features a fenced backyard on three sides, offering privacy and security, complemented by mature trees and a storage shed. Whether one chooses to move in immediately or update to suit personal tastes, this well loved residence is a clean canvas ready to fulfill its next chapter.

Investor Tools

Property Icon
$302,000
Estimated Property Value
$302,347Estimated Mortgage Balance
$0Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$331,248
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,812 /month
Positive
Cash Flow Estimate:
$604 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$223/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,161
$292,550
2025
$49,520
$243,030
$292,550
No

Tax History

Year
Tax Paid
Assessed Value
2025
$1,161
$292,550

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
E Mortgage Capital Inc
Conventional
$311,616
No
First
Sep 27, 2024
Oct 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$302,347
N/A
0%
100%
$1,869/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: Bowie

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1389 Fm 1816 | Property Details | No Agent List