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$599,900

1851 Highway 2861, Comanche, TX, 76442

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths2,100 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$285.67 / sqft
Year BuiltBuilt in 1973

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityCash BuyersMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 2Bathrooms 2
AppliancesBuilt-In Gas Range, Dishwasher, Dryer, Electric Water Heater, Microwave, Refrigerator, Washer
FlooringCeramic Tile

Exterior

Private PoolPrivate Pool
Lot Size11.93 acres

Building Information

Year Built1973
Garage Spaces1

Land Information

APN12946
Land UseResidential
Legal DescriptionA00838 STEPHENS, JAMES R., ACRES 11.93
Census Tract950200
Assessed Land Value$167,020
Assessed Improvement Value$427,980
Assessment Year2025

About this property

11.9 unrestricted, ag exempt acreage, with a sweet fully furnished 2100 sq ft home, a 2000 sq ft shop and a 1000 sq ft guest house located across from the entrance to Proctor lake. The main home has been beautifully updated with all ceramic tile flooring, a spacious living area open to a large dining area and kitchen perfect for those family gatherings. The hallway leads to the three bedrooms and two bathrooms. The main bedroom is very spacious and the on suite bathroom is updated and gorgeous with a separate soaking tub and walk-in shower. The screened in porch looks out to the beautiful treed back yard, including the above ground pool and large deck area surrounding the pool. The guest house contains two nice sized bedrooms, a spacious living room, kitchen and bathroom. The 1000 sq ft shop has 4 bays, a car lift, an office space and an attached RV carport. The remaining acreage has so many possibilities as it is level with numerous large trees and sandy loam soil.

Investor Tools

Property Icon
$595,000
Estimated Property Value
$0Estimated Mortgage Balance
$595,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,599 /month
Positive
Cash Flow Estimate:
$1,200 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$799/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,615
$595,000
2025
$167,020
$427,980
$595,000
No

Tax History

Year
Tax Paid
Assessed Value
2025
$6,615
$595,000

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$595,000
100%
0%
$0/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: Comanche

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1851 Highway 2861 | Property Details | No Agent List