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$260,000

159 Private Road 245, Hillsboro, TX, 76645

Off MarketInfo
Beds2 Beds
Baths2 Bath
Baths1,412 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$265.58 / sqft
Year BuiltBuilt in 1984

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms 2Bathrooms 2
AppliancesOther

Exterior

Lot Size1 acre

Building Information

Garage Spaces2

Land Information

APN108597
Lot Number1
SubdivisionM Castleman A-
Land UseResidential
Legal DescriptionM CASTLEMAN A-189 TR 1A LT 1 1.00 AC
Census Tract960700
Assessed Land Value$20,400
Assessed Improvement Value$151,300
Assessment Year2025

About this property

Nestled on nearly 7 acres of well-maintained land, this charming 2-bedroom, 2-bath brick home offers peaceful country living with direct access to nature—backing up to Lake Aquilla and Corps of Engineers property. Surrounded by mature trees and abundant wildlife, it’s a haven for outdoor lovers and just a short walk to some of the best fishing the lake has to offer. Located in the Abbott ISD, the home features a fenced-in backyard—perfect for pets—and a concrete pad ideal for grilling, gathering, or relaxing under the stars. An enclosed sunroom gives you the feel of the outdoors without the bugs—perfect for a reading nook, morning coffee spot, or hobby space. Inside, the bathrooms and kitchen have been recently remodeled, offering a clean slate for you to add your personal style. The 2-car garage is accompanied by additional covered parking out front, giving you plenty of room for vehicles, toys, or equipment. Opportunities like this don’t come around often—whether you're looking for a weekend retreat or a permanent home base, this property has potential written all over it.

Investor Tools

Property Icon
$260,000
Estimated Property Value
$50,000Estimated Mortgage Balance
$81,620Estimated Equity
81% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,250 /month
Positive
Cash Flow Estimate:
$750 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$193/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,022
$171,700
2025
$20,400
$151,300
$171,700
No

Tax History

Year
Tax Paid
Assessed Value
2025
$1,022
$171,700

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
The Citizens National Bank Of Hillsboro
Stand Alone First / Home Equity First Lien
$50,000
No
First
Jul 15, 2022
Jul 2032

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$178,380
$81,620
31%
69%
$1,116/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: Hillsboro

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159 Private Road 245 | Property Details | No Agent List