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$1,383,160

NAL Estimated Property Value

1742 FM 1383, Schulenburg, TX, 78956

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,832 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$982.53 / sqft
Year BuiltBuilt in 1950

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 2Bathrooms 2
AppliancesDishwasher, Exhaust Fan, Gas Cooktop, Gas Range, Microwave, Free-Standing Gas Oven, Free-Standing Refrigerator, Washer/Dryer, Water Heater
FlooringTile, Wood

Exterior

Lot Size90.03 acres

Land Information

APN42563
Land UseAgriculture / Farming
Legal DescriptionABS A091 SARGEANT J A LG,90.034 ACRES,HSE, FARM BLDGS
Census Tract970601
Assessed Land Value$1,198,580
Assessed Improvement Value$184,580
Assessment Year2025

About this property

Rodes Rest Ranch ~ A Texas Showplace centrally located between Houston, Austin & San Antonio with easy access to I-10 just outside Schulenburg in the heart of Fayette County. Ideal full time residence or weekend retreat 1 1/2 hours from Houston. 137.492 acres with a beautiful 3 bedroom, 2 bathroom farmhouse, scattered live oaks, open pastures, fields of wildflowers, partial to heavy woods, two ponds, Navidad River frontage, 8 acres in high fence, 1,200 sq.ft. metal barn & several other outbuildings. This area of the Navidad River is more like a creek than a river & follows the entire Western boundary. Home was originally constructed in the 1950's or 1960's & was moved to this location from Houston in 1976. Exterior is wood with a composition roof (10-12 years old) & has a large covered front porch over looking the larger pond. 1,832 sq.ft. of character & charm with wood floors, light neutral colors, crown moulding & recessed lighting. Large living room with stone fireplace. Gorgeous kitchen (remodeled 10-12 years ago) has an abundance of cabinets, ceramic tile counters, 2 sinks, dishwasher, refrigerator & gas stove which will convey. 3 spacious bedrooms & 2 bathrooms. Main bathroom centrally located in the hallway & has a bathtub/shower combination with ceramic tile surround. Jack & Jill bathroom between two bedrooms has a stand up shower with ceramic tile surround & frameless glass, ceramic tile floors & granite counters. Lg laundry/mud room. Security system, 2 water wells, septic system & natural gas. Seller will leave most of the furniture, so you can just move right in!! Seller believes they own 100% of the mineral estate on all, but 2.843 acres and will convey to new buyers; however, this should be independently verified by buyers. All of this sits on a gorgeous, well manicured 137.492 acres waiting for the next owner to make wonderful memories as these owners have for the last 36 years.

Investor Tools

Property Icon
$1,383,160
Estimated Property Value
$0Estimated Mortgage Balance
$1,383,160Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$10,800 /month
Positive
Cash Flow Estimate:
$3,600 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$796/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,637
$1,383,160
2025
$1,198,580
$184,580
$1,383,160
No

Tax History

Year
Tax Paid
Assessed Value
2025
$2,637
$1,383,160

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$1,383,160
100%
0%
$0/mo

City: Schulenburg

1742 FM 1383 | Property Details | No Agent List