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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
price_per_sqft$64.19 / sqft
Year BuiltBuilt in 2022

Property Lead Type:

BankruptcyDeal 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

City: Seguin

1423 Settlers Way | Property Details | No Agent List