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$99,200

1698 County Road 2975, Colmesneil, TX, 75938

$128,960 ARVInfo
On MarketInfo
Just AddedInfo
Beds3 Beds
Baths2 Bath
Baths1,427 Sq Ft
price_per_sqft$69.52 / sqft
Year BuiltBuilt in 2000

Property Lead Type:

Deal ListARV FlipAbsentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 2Bathrooms 2

Exterior

Lot Size7.67 acres

Land Information

APNR023310
Land UseResidential
Legal DescriptionA0593 I. SNEED,ACRES 7.667
Census Tract950100
Assessed Land Value$74,370
Assessed Improvement Value$83,078
Assessment Year2025

About this property

ONE OF THE BEST SMALL HOMESTEAD PROPERTIES YOU WILL FIND ANYWHERE ON THE MARKET This 7.67 acre property outside Colmesneil sits at the end of the road, where the road itself narrows beneath a tunnel of timber before opening into a secluded old homestead. Beyond the property are thousands of acres of remote timberland with virtually no residential presence. Go look at the maps, this spot is truly special. The property is laid out almost perfectly for a small homestead. The front 1/3 opens into a field surrounded by towering timber, creating a clearing that feels tucked away from the outside world. The back 2/3s is wooded, with game sign all over from the surrounding expanse of timberland. For somebody who isn’t afraid of a basic renovation project, that’s where the opportunity is. Finish the house out to have a incredibly picturesque little country place without starting from bare dirt. No restrictions, no floodplain, water and power on site. Broker is owner

Investor Tools

$0Estimated Mortgage Balance
$207,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
$128,960
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,242 /month
Positive
Cash Flow Estimate:
$414 /month

Interested in this property?

Cole Lowery

MRC Land Realty, LLC

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$300/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,563
$157,448
2025
$74,370
$83,078
$157,448
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,563
$157,448

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$207,000
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: Colmesneil

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