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Days59Days on Market
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$350,000

1397 State Highway 309, Kerens, TX, 75144

On MarketInfo
Baths0 Bath
Baths800 Sq Ft
Year BuiltBuilt in 2023

Highlights

Interior

Bathrooms 0Bathrooms 0

Exterior

Lot Size12 acres

Building Information

Year Built2023
Stories1

Land Information

APN59994
Lot Number1
SubdivisionRound Prairie Ranch
Land UseAgriculture / Farming
Legal DescriptionR1480 ROUND PRAIRIE RANCH LOT 1 12.0 ACRES
Census Tract970600
Assessed Land Value$136,800
Assessed Improvement Value$105,480
Assessment Year2025

About this property

Escape to peaceful country living on 12 beautiful acres. A serene winding driveway welcomes you and instantly leaves the stress of city life behind. This property offers a wonderful balance of open pasture in the front and mature trees in the back, creating both scenic views and privacy. The thoughtfully designed living quarters feature a comfortable living area, kitchenette, 1 bedroom, 1.5 baths and lots of windows to let in the natural light. Large sliding glass doors in the bedroom showcase breathtaking views of the surrounding land and provide easy access to the patio right outside. Step out on the back side of the living quarters to the spacious covered back patio, the perfect place to relax, grill, entertain, or enjoy the tranquil setting. Just a few steps away, you'll find a charming pond that enhances the property's natural beauty. Additional features include a fenced perimeter with gated entry, solar power with generator backup, a 250-gallon water tank, and a 500-gallon septic system. Round Prairie Ranch is subject to deed restrictions but has no HOA. Make this your place in the country! Whether you're seeking a weekend retreat, a homestead, or a private country getaway, this unique property offers the peace, beauty, and simplicity of rural living.

Investor Tools

$38,913Estimated Mortgage Balance
$203,367Estimated Equity
83% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,100 /month
Positive
Cash Flow Estimate:
$700 /month

Interested in this property?

Angela Shindoll

Coldwell Banker Richland Chamb

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$355/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,045
$242,280
2025
$136,800
$105,480
$242,280
Yes (2023)

Tax History

Year
Tax Paid
Assessed Value
2024
$3,045
$242,280

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Powell State Bank
Purchase Money Mortgage
$47,500
No
First
Sep 1, 2017
Sep 2020

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$38,913
$203,367
83%
16%
$285/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: Kerens

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