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$375,000

1401 Fm 1243, Brandon, TX, 76628

On MarketInfo
Just AddedInfo
Beds4 Beds
Baths3 Bath
Baths1,840 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$203.8 / sqft
Year BuiltBuilt in 1975

Property Lead Type:

High Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms 3Bathrooms 3
AppliancesElectric Cooktop, Microwave
FlooringVinyl

Exterior

Lot Size43,473 sqft

Building Information

Year Built1975

Land Information

APN122070
SubdivisionThe R R Jewel Survey A
Land UseResidential
Legal DescriptionR JEWELL A-487 TR 5 0.998 AC
Census Tract961100
Assessed Land Value$23,950
Assessed Improvement Value$132,460
Assessment Year2025

About this property

Welcome to your new home in the country! It features 4 bedrooms and 3 full baths. Has a carport with an attached shop to work your projects. Easy Split floorplan that has been updated in most areas. New roof, Windows, Kitchen and Baths. Amazing opportunity for you and your family to spread out with additional parking and long driveway. Come out to see and feel the privacy this home has to offer! .99 of an Acre is surrounded by a corn field. Quiet and Peaceful Living. Buyer to verify all. Great Location to Hillsboro ( 20 MIN) for shops and dining. (1.15 )Hour commute to DFW. This is what you were waiting for. Open House Sunday August 30th from 1-3 pm. Bring the Family- Photos coming soon.

Investor Tools

$49,200Estimated Mortgage Balance
$169,800Estimated Equity
77% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,250 /month
Positive
Cash Flow Estimate:
$750 /month

Interested in this property?

Tim Owen

Real Broker, LLC

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$167/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$908
$156,410
2025
$23,950
$132,460
$156,410
No

Tax History

Year
Tax Paid
Assessed Value
2025
$908
$156,410

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Gateway Mortgage Group Llc
Fha
$52,040
Yes
First
Sep 6, 2013
Oct 2043

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$49,200
$169,800
77%
22%
$390/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: Brandon

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