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$567,360

1641 E Rocket Rd, Lorena, TX, 76655

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths2,258 Sq Ft
FarmFarm
price_per_sqft$265.68 / sqft
Year BuiltBuilt in 2017

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
HeatingHeating
CoolingCooling
AppliancesElectric Water Heater, Microwave, Vented Exhaust Fan
FlooringCarpet, Concrete

Exterior

Exterior FeaturesDog Run
Lot Size16.86 acres

Building Information

Year Built2017
Stories2
Roof Type105

Land Information

APN440302040001020
Lot Number2
SubdivisionLadd Addition
Land UseAgriculture / Farming
Legal DescriptionLADD ADDITION LOT 2 BLOCK 1 ACRES 16.86
Census Tract003701
Assessed Land Value$163,600
Assessed Improvement Value$403,760
Assessment Year2025

About this property

Stunning two story custom home built in 2017, perfectly situated tucked back off the road on 27.86 tree covered acres with a barn/shop that's established for horses with tack room, a private pond with pergola deck, seasonal creek and access to Castleman Creek at the rear. Gorgeous open floorplan, soaring ceilings & stained concrete floors throughout downstairs. Chefs kitchen features custom cabinetry, beautiful granite counters, apron sink, stainless appliances & custom touches throughout. Downstairs master suite is extra spacious with en suite bathroom featuring dual vanities, granite counters, walk in shower, built in linen storage & a huge master closet. Additional half bath downstairs & laundry room with Dutch door & tons of storage space to include overhead shelves. Upstairs features two bedrooms, a loft area & walk in attic for more storage space. Massive back patio, perfect for enjoying quiet evenings at home, & nice fenced back yard area. Make your appointment to view today!

Investor Tools

Property Icon
$567,360
Estimated Property Value
$0Estimated Mortgage Balance
$567,360Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,599 /month
Positive
Cash Flow Estimate:
$1,200 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$959/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$8,676
$567,360
2025
$163,600
$403,760
$567,360
No

Tax History

Year
Tax Paid
Assessed Value
2024
$8,676
$567,360

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$567,360
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,540/mo
N/A
+$1,540/mo
3.3%

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: Lorena

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1641 E Rocket Rd | Property Details | No Agent List