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$637,670

NAL Estimated Property Value

1794 Fm 981, Leonard, TX, 75452

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths2,118 Sq Ft
FarmFarm
price_per_sqft$264.4 / sqft
Year BuiltBuilt in 1999

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 3Bathrooms 3
AppliancesDishwasher, Gas Cooktop, Double Oven
FlooringLaminate

Exterior

Exterior FeaturesAwning(s), Rain Gutters
Lot Size5 acres

Building Information

Year Built1999
Garage Spaces2

Land Information

APN99051
Land UseResidential
Legal DescriptionA0830 H MORROW, ACRES 5.0
Census Tract950701
Assessed Land Value$275,000
Assessed Improvement Value$362,670
Assessment Year2025

About this property

Say goodbye to the hustle & bustle of the metroplex and step into the world of spacious country living in a charming ranch style home nestled on 5 acres with relaxing covered porch to welcome the day. You will find in this 3-bed 2-full bath home the heart is in the roomy living area that surrounds the wood burning fireplace adding warmth to family gatherings. Enjoy the outside grilling with friends on the back covered patio while kids play & the family pet play in the fenced in yard. This home steel framed construction includes new windows throughout, new exterior siding and recently updated kitchen and baths. The remaining 5 acres is fully fenced and cross fenced and includes a 24 x 35 workshop and horse barn with 2 separate horse stalls, a large carport for all your extra vehicles and yard toys with separate area that’s ideal for storing hay or other storage. There is also a RV pad with electric hookup.

Investor Tools

Property Icon
$637,670
Estimated Property Value
$203,902Estimated Mortgage Balance
$433,768Estimated Equity
68% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,826 /month
Positive
Cash Flow Estimate:
$1,275 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$735/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,627
$637,670
2025
$275,000
$362,670
$637,670
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,627
$637,670

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Cardinal Financial Company Lp
Conventional
$225,000
No
First
Jun 7, 2021
Jul 2036

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$203,902
$433,768
68%
32%
$1,349/mo

City: Leonard

1794 Fm 981 | Property Details | No Agent List