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Owner Contacts

$485,000

NAL Estimated Property Value

165 Fodice 2 Road, Groveton, TX, 75851

Off Market

0 Bath

880 Sq Ft

Ranch

Built in 2008

Highlights

Interior

Bathrooms 0

Exterior

Lot Size36 acres

Land Information

APN25841

Land UseResidential

Legal DescriptionA0043 TASCAN, MANUEL,TRACT 47 PT OF,36.0 ACRES

Census Tract950300

Assessed Land Value$317,482

Assessed Improvement Value$141,999

Assessment Year2025

About this property

Fully furnished & move in ready BARNDOMINIUM. Located between US Hwy 287 & Hwy 19 is the perfect get away recreational home or full time country living. Property groomed with multiple hiking & ATV trails waiting to be explored. Mixed with hard & soft wood trees, this 36 acres land is under Timber Ag Exempt. Main Barndominium contains the beautiful living space & other half work shop & garage featuring a 40x60 interior space and 20x60 overhang patio for parking & relaxing that includes outdoor cooking stove & patio furniture for entertainment. Country kitchen equipped with all appliances and washer & dryer plus living area comes with beds, leather loveseats, rockers, ducks unlimited gun case, antler lamps & fixtures & so much more. Feeder & blinds & gates all included. A second 40x50 ft metal barn & shop on slab built in 2021 provisioned with interior metal mezzanine framed for both upper and lower future living space. Also comes with a 40x20 ft overhang patio. Call Now for Viewing.

Investor Tools

$485,000

Estimated Property Value

$0Estimated Mortgage Balance

$485,000Estimated Equity

100% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$3,474 /month

Positive

Cash Flow Estimate:

$1,158 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$276/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$893

$459,481

2025

$317,482

$141,999

$459,481

Tax History

Year

Tax Paid

Assessed Value

2022

$893

$459,481

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

N/A

$485,000

100%

$0/mo

Learn About the Market: Opportunity in Texas

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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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