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$425,000

NAL Estimated Property Value

1583 Hwy 281 North, Hamilton, TX, 76531

$445,000 ARVInfo
Off MarketInfo
Beds5 Beds
Baths3 Bath
Baths3,372 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$126.04 / sqft
Year BuiltBuilt in 1980

Property Lead Type:

Off-Market List

Highlights

Interior

Bedrooms 5Bedrooms 5
Bathrooms 3Bathrooms 3
AppliancesDishwasher

About this property

This expansive two-story brick home offers a unique multi-generational living opportunity, featuring 5 bedrooms and 3 bathrooms, along with a detached 2-bedroom, 1-bath guest house. Located just 2.5 miles north of Hamilton on Highway 281, the property boasts commercial potential. The main floor includes a spacious living room with a cozy wood-burning fireplace, an open kitchen and dining area, two bedrooms, and a bathroom. Upstairs, the primary suite includes a walk-in closet, private bathroom, large sunroom, and office, plus two additional bedrooms and a guest bathroom. A 1,200 sq. ft. basement offers ample storage space, washer-dryer hookups, shelves, and plumbing for a 4th bathroom. The home features both a one-car carport with basement access and a two-car carport with direct access to the main floor. The guest house is complemented by a storage building and carport. Additional amenities include a second storage building and an RV shed. Set on 4 acres with beautiful oak trees, this property offers both a comfortable home and exciting business potential.

Investor Tools

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$0
Estimated Property Value
$0Estimated Mortgage Balance
$0Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$445,000
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,550 /month
Positive
Cash Flow Estimate:
$850 /month

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Financing Details

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

Learn About the Market: Opportunity in Texas

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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: Hamilton

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1583 Hwy 281 North | Property Details | No Agent List