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$1,905,200

NAL Estimated Property Value

1652 Fm 2503, Fayetteville, TX, 78940

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths2,020 Sq Ft
price_per_sqft$346.53 / sqft
Year BuiltBuilt in 1990

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 3Bathrooms 3
AppliancesElectric Cooktop, Electric Range
FlooringCarpet, Vinyl

Exterior

Lot Size50.04 acres

Building Information

Year Built1990
Garage Spaces4

Land Information

APN23330
Land UseAgriculture / Farming
Legal DescriptionABS A098 THOMPSON A LG,50.036 ACRES,(2) HSES, FARM BLDGS
Census Tract970700
Assessed Land Value$1,530,880
Assessed Improvement Value$374,320
Assessment Year2025

About this property

Approximately 50.045 picturesque acres located about 4 miles from Fayetteville. The property features a ±2020 sqft brick home, ±960 sqft antique house, ±2360 sqft barn, and a ±1536 sqft shop/garage. In addition, the property has a large pond, wet weather creek, scattered mature oaks and pecan trees, rolling pasture, and beautiful views of the countryside. Ag exemption is in place. About ±1500 feet of paved road frontage. Less than 90 miles from Houston and about 15 minutes from Round Top.

Investor Tools

Property Icon
$1,905,200
Estimated Property Value
$409,700Estimated Mortgage Balance
$1,495,500Estimated Equity
78% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$11,431 /month
Positive
Cash Flow Estimate:
$3,810 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,199/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,859
$1,905,200
2025
$1,530,880
$374,320
$1,905,200
No

Tax History

Year
Tax Paid
Assessed Value
2025
$4,859
$1,905,200

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Prosperity Bank
Conventional
$464,000
No
First
May 15, 2020
Jun 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$409,700
$1,495,500
78%
22%
$2,782/mo

City: Fayetteville