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$189,000

NAL Estimated Property Value

155 Pr 367, Fairfield, TX, 75840

Off MarketInfo
Beds1 Beds
Baths1 Bath
Baths780 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$224.36 / sqft
Year BuiltBuilt in 1960

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 1Bedrooms 1
Bathrooms 1Bathrooms 1
AppliancesElectric Range

Exterior

Lot Size4.10 acres

Building Information

Year Built1950

Land Information

APN33025-00036-00000-000000
Land UseAgriculture / Farming
Legal DescriptionBURLESON LAKE A-598/524 UND 1/60 INT
Census Tract000900
Assessed Land Value$17,500
Assessed Improvement Value$112,591
Assessment Year2025

About this property

Amazing Cabin on Burleson Lake Hunting and Fishing Club between Fairfield and Palestine. Waterfront property with beautiful lot and scattered trees. Cabin has recently been updated. Includes open plan that includes a living room with wood burning fireplace, kitchen, eating area and one bedroom and one bathroom. There is a large screened in porch where you can sit and enjoy the view of the lake. This is 2 Shares of ownership, with option to purchase a 3rd share. Each share is 1_60th undivided interest in the entire Hunting and Fishing Club Lakes 246 acres. The club features a shooting range, small pine forest, excellent fishing and extensive ATV riding trails.

Investor Tools

Property Icon
$189,000
Estimated Property Value
$67,614Estimated Mortgage Balance
$121,386Estimated Equity
64% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,134 /month
Positive
Cash Flow Estimate:
$378 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$110/month
$100/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$378
$130,091
2025
$17,500
$112,591
$130,091
No

Tax History

Year
Tax Paid
Assessed Value
2025
$378
$130,091

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Incommons Bank Na
Purchase Money Mortgage
$80,000
No
First
Sep 13, 2018
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$67,614
$121,386
64%
36%
$480/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: Fairfield

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155 Pr 367 | Property Details | No Agent List