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$406,000

NAL Estimated Property Value

1474 Fm 896, Leonard, TX, 75452

Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths2,600 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$144.23 / sqft
Year BuiltBuilt in 1925

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms 2Bathrooms 2
AppliancesElectric Range
FlooringVinyl, Wood

Exterior

Exterior FeaturesRain Gutters
Lot Size2.28 acres

Building Information

Year Built1925

Land Information

APN80359
Land UseResidential
Legal DescriptionA0778 M MOORE, ACRES 2.28
Census Tract950701
Assessed Land Value$160,510
Assessed Improvement Value$211,940
Assessment Year2025

About this property

Welcome to this charming home nestled on an over 2 acres outside the city limits. Steeped in history and surrounded by natures beauty, this home offers a serene retreat. As you step inside, you're greeted with the warmth of yesteryears in the living room, complete with a cozy gas log fireplace that invites you in to relax and unwind. The dining area that connects to the kitchen allows space for a large table ideal for hosting memorable meals. The primary bedroom is on the first level as well as one additional bedroom. There is an additional room that could be used as a bedroom if needed. Upstairs has the third bedroom with a full bath and a large room that could be used for storage or a sitting area. Enjoy the outdoors with a 30 x 35 shop complete with electricity and the covered patio with a wood burning fireplace offers the perfect blend of comfort and tranquility. The properties 2 plus acres offers endless opportunities for outdoor entertaining and living. Motivated Sellers!

Investor Tools

Property Icon
$406,000
Estimated Property Value
$350,110Estimated Mortgage Balance
$55,890Estimated Equity
13% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,436 /month
Positive
Cash Flow Estimate:
$812 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$537/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,412
$372,450
2025
$160,510
$211,940
$372,450
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,412
$372,450

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
First United Bank & Trust Co
Conventional
$363,750
No
First
Apr 15, 2024
May 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$350,110
$55,890
13%
86%
$2,181/mo

City: Leonard

1474 Fm 896 | Property Details | No Agent List