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$467,691

NAL Estimated Property Value

1785 Rs County Road 1402, Point, TX, 75472

Off MarketInfo
Beds2 Beds
Baths1 Bath
Baths1,209 Sq Ft
FarmFarm
price_per_sqft$219.19 / sqft
Year BuiltBuilt in 1963

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms 1Bathrooms 1
AppliancesGas Range, Refrigerator, Gas Water Heater
FlooringCarpet, Vinyl

Exterior

Exterior FeaturesStorage
Lot Size44.11 acres

Building Information

Year Built1963

Land Information

APN525
Land UseResidential
Legal DescriptionA0013 BREWER JOHN ACRES 44.11
Census Tract950200
Assessed Land Value$252,211
Assessed Improvement Value$215,480
Assessment Year2025

About this property

GORGEOUS property situated on 46.541 of improved pasture for cattle and hay. This property is fenced and cross fenced for grazing and hay production. Pastures are fertilized, cut regularly and produces Tifton 85 hay. 3 large ponds. Creek and lots of trees along property. This property would make a great home for any rancher or weekend retreat. There are deer and hogs for the avid hunter. Cute two bedroom, one bath home on property with open floorplan. Foundation was recently repaired. Property is 5 miles from Lake Tawakoni and 15 miles to Lake Fork.

Investor Tools

Property Icon
$467,691
Estimated Property Value
$464,989Estimated Mortgage Balance
$2,702Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,806 /month
Positive
Cash Flow Estimate:
$935 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$364/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,030
$467,691
2025
$252,211
$215,480
$467,691
No

Tax History

Year
Tax Paid
Assessed Value
2025
$2,030
$467,691

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Mortgage Research Center Llc
Stand Alone First / Home Equity First Lien
$499,000
No
First
Sep 12, 2022
Oct 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$464,989
$2,702
0%
99%
$2,992/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: Point

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