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B+
NoAgentList RatingHow are grades calculated? Info

$368,000

17017 N Fm 400, Idalou, TX, 79329

$391,324 ARVInfo
Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths1,900 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$192.11 / sqft
Year BuiltBuilt in 2024

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesRange, Disposal, Dishwasher, Free-Standing Electric Range, Free-Standing Range, Microwave

Exterior

Lot Size10.01 acres

Building Information

Year Built2023
Roof Type105
Garage Spaces2

Land Information

APNR349508
Land UseRural Residence
Legal DescriptionBLK C2 SEC 47 AB 368 TR F OF NE/4 WEST OF FM 400 AC: 10.01
Census Tract010101
Assessed Land Value$52,553
Assessed Improvement Value$223,133
Assessment Year2025

About this property

Red Dirt Homes, LLC presents this breathtaking home nestled outside of Idalou, Texas.With four bedrooms, two bathrooms, and a primary suite that includes an en suite bathroom with dual vanities, a walk in closet, and a free standing tub. This spacious residence boasts a stunning cathedral ceiling in the living area, creating an open and airy atmosphere perfect for family gatherings. This home sits on 10 acres with endless opportunity and horses are allowed. Enjoy no city taxes as well - This is one you don't want to miss!

Investor Tools

Property Icon
$368,000
Estimated Property Value
$358,388Estimated Mortgage Balance
$0Estimated Equity
3% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$391,324
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,208 /month
Positive
Cash Flow Estimate:
$736 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$483/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,960
$275,686
2025
$52,553
$223,133
$275,686
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,960
$275,686

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Cardinal Financial Company Lp
Fha
$358,388
Yes
First
Apr 21, 2025
May 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$369,442
N/A
0%
100%
$2,259/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,672/mo
$2,259/mo
$-587/mo
5.5%

Learn About the Market: Opportunity in Texas

Local Market Pages
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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: Idalou

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17017 N Fm 400 | Property Details | No Agent List