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$729,900

1620 FR 3298, Paris, TX, 75473

On MarketInfo
Just AddedInfo
Beds2 Beds
Baths3 Bath
Baths1,822 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$400.6 / sqft
Year BuiltBuilt in 2011

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms 3Bathrooms 3
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Gas Range, Gas Water Heater
FlooringCarpet, Ceramic Tile

Exterior

Exterior FeaturesFire Pit
Lot Size24.31 acres

Building Information

Year Built2007
Garage Spaces4

Land Information

APN110775
SubdivisionR Cravens Survey
Land UseAgriculture / Farming
Legal DescriptionA166 R CRAVENS SURVEY, TRACT 92-B, ACRES 24.309
Assessed Land Value$12,080
Assessed Improvement Value$260,010
Assessment Year2025

About this property

Secluded Country home on nearly 25 acres in Powderly. 2 bedroom 2.5 baths and 2 car garage. Large shop with upper level and covered porch that leads to guest quarters with kitchen and bedroom. House sits on top of hill looking down over hay meadow. House has open floor plan for family room, kitchen and eating area. Also has large office that could be converted to a 3rd bedroom. Covered front and back porches and an open deck makes this the perfect place to get away for the sounds of the city. INTERIOR PICTURES WILL BE MADE AT A LATER DATE. SORRY FOR INCONVIENCE.

Investor Tools

$181,944Estimated Mortgage Balance
$90,146Estimated Equity
33% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,379 /month
Positive
Cash Flow Estimate:
$1,460 /month

Interested in this property?

John Brazile

Century 21 Executive Realty

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$240/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,524
$272,090
2025
$12,080
$260,010
$272,090
No

Tax History

Year
Tax Paid
Assessed Value
2022
$1,524
$272,090

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Texar Fcu
Conventional
$200,000
No
First
Nov 16, 2021
Dec 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$181,944
$90,146
33%
67%
$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: Paris

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1620 FR 3298 | Property Details | No Agent List