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$512,295

162 Fm 672, Dale, TX, 78616

On MarketInfo
Beds3 Beds
Baths3 Bath
Baths2,091 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$245 / sqft
Year BuiltBuilt in 1988

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 3Bathrooms Full 3
Heating CentralHeating Central
CoolingCooling
AppliancesBuilt-In Electric Range, Dishwasher, Microwave, Double Oven, Refrigerator
FlooringCarpet, Concrete, Tile, Wood

Exterior

Private PoolPrivate Pool
Lot Size5 acres

Building Information

Year Built1988
Stories1
Roof Type105
Garage Spaces4

Land Information

APNR85392
SubdivisionBlalock, James B
Land UseResidential
Legal DescriptionA91 BLALOCK, JAMES B., ACRES 5.0000
Census Tract950806
Assessed Land Value$300,000
Assessed Improvement Value$298,194
Assessment Year2025

About this property

Welcome to your mini farm in Dale, where wide-open skies meet everyday convenience. This property spans approximately 5 acres and features a gated entrance, a long driveway, and beautiful mature oaks, offering the ideal setting for your country dream. Whether you want to bring horses, run your business, or simply enjoy room to roam, this setup has it all. Located with frontage on FM 672 and surrounded by a peaceful rural backdrop, this property allows easy access while still feeling wonderfully secluded. The home, which measures 2,091 square feet, boasts a large, functional kitchen equipped with an island and breakfast bar, ideal for gatherings. The living room includes built-in desk space and shelving for work, storage, or display. Need flexibility? The dedicated office can easily serve as a fourth bedroom. You'll also appreciate the spacious sunroom, a bright bonus area that can be used as a playroom, gym, plant room, or second living area. To enhance efficiency, the home is equipped with solar panels on the roof. The outdoor space truly shines, featuring an expansive workshop with roll-up access, perfect for auto projects, equipment, or a home-based business. There is also covered parking for vehicles, trailers, or toys. Ample open pasture and fenced areas provide a blank canvas for an arena, garden, or future improvements. Enjoy a peaceful country lifestyle while still having convenient access to Bastrop, Lockhart, and the greater Austin area, with straightforward routes to ABIA, COTA, and the Tesla Gigafactory. You'll also be close to major employers in the Bastrop corridor, including SpaceX (Starlink) and The Boring Company. This property is a must-see, offering the land, buildings, and flexibility that buyers are searching for.

Investor Tools

$179,481Estimated Mortgage Balance
$419,069Estimated Equity
69% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,589 /month
Positive
Cash Flow Estimate:
$1,196 /month

Interested in this property?

Connor James

LoKation Real Estate, LLC

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,186/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$11,238
$598,194
2025
$300,000
$298,194
$598,194
No

Tax History

Year
Tax Paid
Assessed Value
2024
$11,238
$598,194

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Thomas A Clark Etal
Purchase Money Mortgage
$200,000
No
First
Jan 29, 2021
Oct 2021

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$179,481
$418,713
69%
30%
$1,200/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.

Explore Texas Explore This Area
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: Dale

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162 Fm 672 | Property Details | No Agent List