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$136,670

1647 County Road 1640, Grapeland, TX, 75844

Off MarketInfo
Beds9 Beds
Baths5 Bath
Baths3,986 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$275.97 / sqft
Year BuiltBuilt in 2022

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 9Bedrooms 9
Bathrooms 5Bathrooms 5
AppliancesGas Oven, Gas Range
FlooringCarpet, Vinyl

Exterior

Lot Size2 acres

Building Information

Year Built2022

Land Information

APN011100003000000000081
SubdivisionJoel Young
Land UseAgriculture / Farming
Legal DescriptionJOEL YOUNG AB 1110 2.00 AC
Census Tract950102
Assessed Land Value$9,600
Assessed Improvement Value$127,070
Assessment Year2025

About this property

Luxury Living in the Country! This 85-acre Ranchette is between Dallas & Houston! The half mile winding drive helps you enjoy the peaceful atmosphere. There is an abundance of wildlife & income producing options available. Lodge style limestone & brick home sits to your left w/ a view that carries for miles to be enjoyed from expansive house length covered porch. Home boasts floor to ceiling windows, over 20-foot high ceilings, granite counter tops, a wet bar and nine bedroom with five baths. This could be used as a corporate get away or just privately. A large pond is located down the rolling directly in front of the lodge. This property is rolling w/good brush cover & breathtaking views, Dont Miss!

Investor Tools

Property Icon
$136,670
Estimated Property Value
$0Estimated Mortgage Balance
$136,670Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$6,600 /month
Positive
Cash Flow Estimate:
$2,200 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$114/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$686
$136,670
2025
$9,600
$127,070
$136,670
No

Tax History

Year
Tax Paid
Assessed Value
2025
$686
$136,670

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$136,670
100%
0%
$0/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: Grapeland

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1647 County Road 1640 | Property Details | No Agent List