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$490,000

NAL Estimated Property Value

173 County Road 447, Eddy, TX, 76524

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,491 Sq Ft
price_per_sqft$331.99 / sqft

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 2Bathrooms 2
AppliancesOther
FlooringCarpet, Vinyl

Exterior

Exterior FeaturesCovered Patio, Patio
Lot Size1 acre

Building Information

Garage Spaces2

Land Information

APN1697001
Land UseResidential
Legal DescriptionA0187 GLASS THOMAS 1. ACRES
Census Tract000200
Assessed Land Value$9,940
Assessed Improvement Value$71,400
Assessment Year2025

About this property

Escape the city and embrace wide-open Texas skies with this rare 38± acre property offering endless opportunities for recreation, ranching, or your dream country estate. Tucked away on a quiet county road, this property includes a charming 1,500 sq. ft. farmhouse ready for restoration, plus multiple outbuildings including a workshop and shed for storage or hobbies. The acreage itself is a standout — a balanced mix of open pastureland, wooded areas, and a natural pond site ideal for livestock or wildlife. The land provides excellent potential for cattle, horses, or future development, while the trees and varied terrain create privacy and habitat for deer, turkey, and other native game. Whether you envision a working farm, a weekend retreat, or a future homestead, this property delivers the space and versatility to make it happen. With utilities on-site, abundant road frontage, and big Texas views, it’s the perfect canvas for your rural lifestyle dream.

Investor Tools

Property Icon
$490,000
Estimated Property Value
$414,357Estimated Mortgage Balance
$75,643Estimated Equity
15% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,970 /month
Positive
Cash Flow Estimate:
$990 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$309/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,263
$81,340
2025
$9,940
$71,400
$81,340
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,263
$81,340

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Fairway Independent Mortgage Corp
Conventional
$418,000
No
First
Nov 25, 2025
Dec 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$414,357
$75,643
15%
85%
$2,507/mo

City: Eddy

173 County Road 447 | Property Details | No Agent List