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$1,481,000

NAL Estimated Property Value

1423 Settlers Way, Seguin, TX, 78155

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths5,842 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$64.19 / sqft
Year BuiltBuilt in 2022

Property Lead Type:

BankruptcyPre-ForeclosureOff-Market ListDeal ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3

Exterior

Lot Size10 acres

Building Information

Year Built2022
Stories2

Land Information

APN2G-0133-0000-03620-000
SubdivisionForbes R M
Land UseResidential
Legal DescriptionABS: 133 SUR: R M FORBES TRACT 1 10.0000 AC.
Census Tract210803
Assessed Land Value$314,174
Assessed Improvement Value$533,428
Assessment Year2025

About this property

Rustic Opportunity on 10 Acres – Unique Barn-Top Home Ready for Your Finishing Touches. With Detached Efficiency Apartment. Live On Site While Finishing your dream home. This unique barndominium-style property offers the perfect canvas to finish out a one-of-a-kind home perched directly above a functional horse barn. Utilities: Water meter on-site, septic tank installed. Structure: Two-story building — upper level framed as a residence, lower level designed as a horse barn The Home: Positioned on the second floor, the living space is in a shell state — fully framed, with plumbing and electrical rough-in already completed. The space is wide open, allowing you to finish it exactly how you envision. Whether you're a general contractor looking for a project with high upside, or a skilled handyman ready to create your dream country retreat, this structure provides a solid foundation and head start. The upstairs layout has 4 bedrooms, an open-concept kitchen and living area, High ceilings and expansive windows. Below the living quarters is a functional horse barn — ideal for equestrians or livestock enthusiasts. Stalls are in, & the space can be easily customized to suit your needs, whether for horses, storage, or a workshop. Land & Utilities: The 10-acre parcel is mostly cleared with plenty of space for riding arenas, additional outbuildings, or simply enjoying the open pasture. A working water meter and septic tank are already installed, saving you major time and upfront costs. There’s also ample room to add a garden. Ideal Buyer: This property is perfect for a general contractor, builder, investor, or hands-on buyer looking to complete a unique rural home with built-in functionality and charm. Bring your tools, your plans, and your creativity to transform this solid shell into a dream home with character and purpose. BRING US AN OFFER!

Investor Tools

Property Icon
$1,481,000
Estimated Property Value
$171,512Estimated Mortgage Balance
$1,309,488Estimated Equity
88% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$8,886 /month
Positive
Cash Flow Estimate:
$2,962 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,374/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$9,085
$847,602
2025
$314,174
$533,428
$847,602
No

Tax History

Year
Tax Paid
Assessed Value
2024
$9,085
$847,602

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Grigio Partners Ltd
Purchase Money Mortgage
$191,500
No
First
Dec 17, 2020
Dec 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$171,512
$1,309,488
88%
12%
$1,149/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: Seguin

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1423 Settlers Way | Property Details | No Agent List