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$145,999

148 County Road 4988, Winnsboro, TX, 75494

On MarketInfo
Just AddedInfo
Beds2 Beds
Baths1 Bath
Baths784 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$186.22 / sqft
Year BuiltBuilt in 1989

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms 1Bathrooms 1
AppliancesElectric Range, Electric Water Heater

Exterior

Lot Size26,136 sqft

Building Information

Garage Spaces2

Land Information

APN142441
Land UseResidential
Legal DescriptionABS 0447; OGDEN J C; TRACT 54 PT; .6 ACRES
Census Tract950301
Assessed Land Value$18,000
Assessed Improvement Value$81,470
Assessment Year2025

About this property

Nestled among mature trees and surrounded by the private and quiet beauty of East Texas, this charming country home on little over half acre 0.6, 2 beds, 1 full bath offers a wonderful opportunity to enjoy a slower pace of life with plenty of outdoor space. The inviting farmhouse-style exterior and covered front porch create a warm welcome and the perfect place to sit back, relax, and enjoy the peaceful surroundings. The expansive yard provides room to garden, entertain, enjoy outdoor activities, or simply appreciate the privacy and natural setting. This home features recently refreshed new updated kitchen cabinets and new countertops and fresh interior paint throughout. An additional outbuilding, detached garage adds extra versatility for storage, hobbies, equipment, or workshop. Whether you're looking for a primary residence, weekend getaway, rental property, or investment opportunity, this property offers flexibility for a variety of uses. Investors will appreciate the opportunity to add value and explore its potential as a long-term rental or renovation project. Enjoy the tranquility of country living while still being within reach of Winnsboro's local amenities.

Investor Tools

$65,796Estimated Mortgage Balance
$156,325Estimated Equity
70% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,332 /month
Positive
Cash Flow Estimate:
$444 /month

Interested in this property?

Kenia Sanchez

Compass RE Texas, LLC

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$216/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,482
$99,470
2025
$18,000
$81,470
$99,470
No

Tax History

Year
Tax Paid
Assessed Value
2025
$1,482
$99,470

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Guaranty Bank & Trust
Conventional
$71,250
No
First
Jul 25, 2022
Aug 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$65,796
$156,204
70%
30%
$428/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.

Explore Texas Explore This Area
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: Winnsboro

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148 County Road 4988 | Property Details | No Agent List