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$1,950,000

1600 County Road 201, Center, TX, 75935

On MarketInfo
Beds Beds
Baths Bath
Baths7,720 Sq Ft

About this property

Welcome to your East Texas dream property --- 217.423 breathtaking acres of improved pasture land, mature hardwood and towering pines mixed throughout, and unmatched hilltop views that just may be some of the finest in the entire county! This turnkey cattle ranch offers the perfect blend of functionality (nearly a century old working cattle farm and hay fields) along with natural beauty. The property is fully fenced and cross-fenced, so bring your cattle to closing and get started on the farm life instantly. The hilltops and hundreds of acres of pasture land are complimented perfectly by the couple of creeks that border and cross through the bottom land of this property providing year long access to water. Multiple barns, sheds, workshops provide space to park your equipment and store your feed and hay-bales. If you are entrepreneurial you can take the private road that divides the property and add additional homes on the different hilltops to fully utilize all of the panoramic views. Already containing 2 move-in ready homes, one that has already been nearly completely remodeled and really must be seen in person to appreciate. The second home has a very large layout and is livable as-is, with a little updating you could have a good start to secluded subdivision. So many potential options with this property. This property truly captures the beauty and tranquility of Deep East Texas. Don't miss your chance to own a rare piece of Texas that offers space, privacy and endless potential!

Investor Tools

$0Estimated Mortgage Balance
$621,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$11,700 /month
Positive
Cash Flow Estimate:
$3,900 /month

Interested in this property?

Brandon Barr

Coldwell Banker Home Place - Carthage

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$277/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$221
$131,240
2025
N/A
$131,240
$131,240
No

Tax History

Year
Tax Paid
Assessed Value
2022
$221
$131,240

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$621,000
100%
0%
$0/mo

City: Center

1600 County Road 201 | Property Details | No Agent List