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Days506Days on Market
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$385,000

155 Corado Rd, Montague, TX, 76251

On MarketInfo
Baths1,200 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$320.83 / sqft
Year BuiltBuilt in 2022

Property Lead Type:

Off-Market ListMust-SellAbsentee OwnerHigh Equity

Highlights

Interior

AppliancesNone
FlooringConcrete

Exterior

Lot Size13.07 acres

Building Information

Year Built2023
Garage Spaces2

Land Information

APNR000026678
Lot Number1
Land UseVacant Land
Legal DescriptionACRES: 13.070 LOT 1 GRINDSTONE SD (AB 977 KERN SURVEY (STRUCTURE 50% COMPLETE)
Census Tract950600
Assessed Land Value$156,840
Assessed Improvement Value$167,200
Assessment Year2025

About this property

Seller is Motivated! Don’t miss this exceptional opportunity to own a beautiful corner-lot property offering endless potential. Situated on 13.07 scenic acres, this land features rolling terrain, mature native oak trees, vibrant wildflowers, and abundant wildlife—including deer and turkey—creating a truly picturesque setting. A charming pond-stock tank enhances both the beauty and functionality of the property. The impressive 40x60 Barndominium includes 1,200 sq. ft. of shop space with two overhead doors, plus a partially finished living area ready to be customized to your vision—whether as a guest house, recreational space, or future residence. Key improvements such as water lines, electrical wiring, a new water well, and a driveway are already in place, offering a solid foundation to build upon. There’s ample room to build your dream home separate from the Barndo, making this property ideal for those seeking both flexibility and potential. A septic system and new survey will be required, but with its prime location, natural beauty, and infrastructure already underway, this property is a perfect blank canvas for your dream country lifestyle.

Investor Tools

Property Icon
$379,000
Estimated Property Value
$0Estimated Mortgage Balance
$379,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,310 /month
Positive
Cash Flow Estimate:
$770 /month

Interested in this property?

June Robinson

House Brokerage

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$292/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,608
$324,040
2025
$156,840
$167,200
$324,040
No

Tax History

Year
Tax Paid
Assessed Value
2025
$1,608
$324,040

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$379,000
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.

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: Montague

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155 Corado Rd | Property Details | No Agent List