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$340,000

1828 Fm 2517, Carthage, TX, 75633

On MarketInfo
Just AddedInfo
Beds2 Beds
Baths2 Bath
Baths1,712 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$198.6 / sqft
Year BuiltBuilt in 2013

About this property

Welcome to your own slice of East Texas! This 2.42-acre property offers the perfect combination of comfortable country living, functional outbuildings, and room to enjoy your favorite hobbies and animals. The charming 2-bedroom, 2-bath home offers comfortable living with thoughtful features throughout, including a large kitchen and heated floors in the primary bathroom for added comfort. A whole-home generator adds peace of mind, while the spacious back porch creates a great spot to relax, entertain, or enjoy the peaceful surroundings. The back porch also could potentially be enclosed and converted into a third bedroom or additional living space, subject to buyer verification and any required permitting. For those needing room to work, store equipment, or pursue hobbies, the property includes an impressive approximately 1,200-square-foot shop. The property also features a horse barn, making this acreage a great opportunity for horse enthusiasts or anyone looking for additional space for livestock and outdoor pursuits. With 2.42 acres, there is plenty of room to spread out while still enjoying the convenience of being in Carthage, Texas. Whether you're looking for a peaceful homestead, a place for your horses, or a property with versatile workspace, this one offers plenty of possibilities.

Investor Tools

$0Estimated Mortgage Balance
$178,278Estimated Equity
100% equity
Estimated Cap Rate
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Estimated ARV (After-Repair Value)
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Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,040 /month
Positive
Cash Flow Estimate:
$680 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$425/month
No HOA
5.947%

Learn About the Market: Opportunity in Texas

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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.

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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: Carthage

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