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$668,000

NAL Estimated Property Value

15703 County Road 2854, Eustace, TX, 75124

SoldInfo
7/24/26
Beds3 Beds
Baths2,140 Sq Ft
price_per_sqft$315.42 / sqft
Year BuiltBuilt in 2024

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Half 3Bathrooms Half 3
AppliancesRefrigerator, Built-In Refrigerator, Dishwasher, Disposal, Electric Water Heater, Gas Range, Double Oven
FlooringLaminate

Exterior

Exterior FeaturesRain Gutters
Lot Size15.88 acres

Land Information

APN0485-0790-0C00-30
SubdivisionAb 0485 I V Michelli Sur
Land UseImprovements On Qualified Open Space Land -
Legal DescriptionAB 485 I V MICHELLI SUR, TR 79C
Census Tract951102
Assessed Land Value$8,135
Assessed Improvement Value$539,727
Assessment Year2025

About this property

Tucked behind a gated entrance on over 15 beautiful acres, this thoughtfully designed property offers the combination of upscale interior features with functional space and the freedom to enjoy wide open acreage with equestrian amenities already in place. From the moment you arrive, the inviting covered front porch sets the tone for the warmth and character found throughout the home. Inside, the spacious living area features a stunning wood-burning fireplace, creating a cozy focal point for gathering and entertaining. The kitchen is truly a showpiece, thoughtfully designed with both style and functionality in mind. Highlights include a farmhouse sink, commercial-grade refrigerator, impressive 8 burner gas range with double ovens, pot filler, quartz countertops, oversized island with seating for six, two pantries, and custom soft close cabinetry and drawers. The home offers two spacious primary suites, each complete with private en suite baths and generous closet space. The main primary suite features dual sinks, an oversized walk-in shower with dual showerheads, and an expansive custom closet with built in shelving that conveniently connects to the laundry room. The laundry space is equally well designed with a mud bench and a built-in kennel. All bathrooms throughout the home showcase beautifully finished custom tile work. Outside, the property is fully fenced and gated, offering endless possibilities for animals, recreation, or simply enjoying the peaceful surroundings. A pond and impressive 40x40 pole barn with two stables add to the property’s versatility and charm. There is a a spacious 3 car enclosed carport for parking and storage. Additional features include double pane insulated windows and spray foam insulation for energy efficiency and year round comfort. This is the kind of property that offers the space, quality, and lifestyle rarely found all in one place.

Investor Tools

Property Icon
$668,000
Estimated Property Value
$149,132Estimated Mortgage Balance
$518,868Estimated Equity
78% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,050 /month
Positive
Cash Flow Estimate:
$1,350 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$341/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$755
$547,862
2025
$8,135
$539,727
$756,574
No

Tax History

Year
Tax Paid
Assessed Value
2024
$755
$547,862

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
West Capital Lending Inc
Conventional
$150,000
No
First
Mar 2, 2026
Apr 2056

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$149,132
$538,868
78%
22%
$900/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: Eustace

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15703 County Road 2854 | Property Details | No Agent List