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$588,660

1645 County Road 4850, Leonard, TX, 75452

Off MarketInfo
Baths1 Bath
Baths2,000 Sq Ft
FarmFarm
price_per_sqft$247 / sqft
Year BuiltBuilt in 2017

Highlights

Interior

Bathrooms 1Bathrooms 1
AppliancesElectric Range
FlooringConcrete

Exterior

Exterior FeaturesFire Pit, Storage
Lot Size23.96 acres

Building Information

Year Built2017

Land Information

APN76897
Land UseResidential
Legal DescriptionA0527 J HOFFLER, ACRES 23.955
Census Tract950701
Assessed Land Value$455,680
Assessed Improvement Value$132,980
Assessment Year2025

About this property

POSSIBILITIES GALORE!! 24.035 ACRES well manicured in the front, cleared out just enough throughout the middle with a POND, TRAILS, SECLUDED AREA WITH FIRE PIT, and au naturale in the back of the property. Deer and additional wildlife seen throughout property. HUGE METAL SHOP offering 2000sf, 20x52 Attached Carport, Pull Thru with 2-14x14 Electric Doors, 1-10x14 Chain Pull Door, Indoor RV Hookups, Central AC, Half Bath, Oven Range, Wood Burning Stove and an abundance of room to create your own floor plan or pick a spot to build a new home. Outdoor RV CARPORT with FULL RV HOOKUPS, an open ended SHED, 12x26 SHED with electric and ac unit, 8x12 SHED and a clean STORM SHELTER. Partially fenced. Must see!!

Investor Tools

Property Icon
$588,660
Estimated Property Value
$345,000Estimated Mortgage Balance
$271,832Estimated Equity
41% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,532 /month
Positive
Cash Flow Estimate:
$1,177 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,028/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$9,391
$588,660
2025
$455,680
$132,980
$588,660
No

Tax History

Year
Tax Paid
Assessed Value
2024
$9,391
$588,660

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Lone Star Ag Credit
Commercial
$345,000
No
First
Jan 31, 2022
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$316,828
$271,832
46%
54%
$2,069/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: Leonard

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1645 County Road 4850 | Property Details | No Agent List