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$340,000

NAL Estimated Property Value

1401 Highway 2921, De Leon, TX, 76444

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,586 Sq Ft
FarmFarm
price_per_sqft$1,194.83 / sqft
Year BuiltBuilt in 1930

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 2Bathrooms 2
AppliancesDishwasher, Gas Cooktop, Gas Oven, Gas Range, Gas Water Heater

Exterior

Lot Size4.06 acres

Building Information

Year Built1930
Garage Spaces4

Land Information

APN10301
Land UseResidential
Legal DescriptionA00833 STEPHENSON, J. P., ACRES 4.06
Census Tract950102
Assessed Land Value$27,000
Assessed Improvement Value$250,460
Assessment Year2025

About this property

Welcome to 1401 FM 2921, De Leon, TX a truly unique property offering a beautifully renovated farmhouse, a second manufactured home, and an array of fantastic features that make it a dream come true for any prospective ranch owner. The main home of this property is the beautifully renovated farmhouse that exudes warmth and charm. Impeccable attention to detail has been paid to preserve its original character while incorporating modern comforts. The farmhouse is a true testament to the marriage of history and contemporary living. In addition to the main farmhouse, there is a second energy efficient spacious 2200 sq ft manufactured home on the property. The pastures are covered in lush coastal Bermuda grass that's perfect for livestock grazing, or growing hay. With not one, but ten water wells, water supply should never be a concern. This property is a rare find, offering an inviting blend of country living, modern comfort, and endless potential. Nestled in the serene De Leon, TX area.

Investor Tools

Property Icon
$340,000
Estimated Property Value
$34,116Estimated Mortgage Balance
$305,884Estimated Equity
89% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$11,370 /month
Positive
Cash Flow Estimate:
$3,790 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$479/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
N/A
$277,460
2025
$27,000
$250,460
$277,460
No

Tax History

Year
Tax Paid
Assessed Value
2025
N/A
$277,460

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Nancy Loeb
Unknown
$60,000
No
First
Jan 20, 2009
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$34,116
$305,884
89%
10%
$360/mo

City: De Leon

1401 Highway 2921 | Property Details | No Agent List