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$282,500

1430 Rs County Road 1605, Point, TX, 75472

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths935 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$302.14 / sqft
Year BuiltBuilt in 2016

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 2Bathrooms 2
AppliancesDishwasher, Electric Cooktop, Electric Oven, Microwave
FlooringCeramic Tile, Laminate

Exterior

Exterior FeaturesRain Gutters, Lighting, Storage
Lot Size2.53 acres

Building Information

Year Built2016

Land Information

APN17651
Lot Number4R
Land UseResidential
Legal DescriptionCORNER ACRES, LOT 4R, ACRES 2.53
Census Tract950200
Assessed Land Value$64,978
Assessed Improvement Value$138,811
Assessment Year2025

About this property

Experience the tranquility of small-town living! This charming and exceptionally well-maintained property features 3 bedrooms and 2 bathrooms. The main home (935sqft) includes 2 bedrooms and 1 full bath, large kitchen island bar top, quartz countertops, cozy living area with fireplace and decorative lighting. The spacious master bedroom comes with a nice size walk-in closet. Enjoy summer evenings on the new 20x20 deck, half of which is screened in. The bonus building (255sqft), currently used as guest quarters, includes a main room, full bath, full kitchen and a 9x17 covered patio. It is equipped with a stackable washer and dryer, a dishwasher, a small refrigerator, and a microwave, all connected to its own aerobic septic system. Additionally, there is a well-appointed 20x10 workshop equipped with water, a sink, electricity, spray insulation, and AC and heat. The workshop has an attached 20x20 concrete carport. There is also a 10x10 storage building situated between the workshop and guest house, as well as a second 20x20 carport located in the front yard. The entire property is fully fenced and features a small pond and a 0-250 yard shooting range on the back of the property. Bonus: Lake Tawakoni is just a short 5-minute drive away.

Investor Tools

Property Icon
$225,000
Estimated Property Value
$0Estimated Mortgage Balance
$225,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,695 /month
Positive
Cash Flow Estimate:
$565 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$339/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,944
$203,789
2025
$64,978
$138,811
$203,789
No

Tax History

Year
Tax Paid
Assessed Value
2025
$2,944
$203,789

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$225,000
100%
0%
$0/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: Point

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1430 Rs County Road 1605 | Property Details | No Agent List