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$689,000

1858 County Road 116, Comanche, TX, 76442

Off MarketInfo
Baths0 Bath
Baths2,762 Sq Ft
RanchRanch
Year BuiltBuilt in 1986

Highlights

Interior

Bathrooms 0Bathrooms 0

Exterior

Lot Size80.64 acres

Building Information

Year Built1986

Land Information

APN4274
Land UseResidential
Legal DescriptionA00607 LAMPASAS CO. SCH. LAND, ACRES 80.64, LIFE ESTATE
Census Tract950200
Assessed Land Value$524,160
Assessed Improvement Value$155,010
Assessment Year2025

About this property

80 acres of productive farm land split in half by a very active South Copperas Creek. 29 acres of coastal fields have been untended for a couple of years just waiting on TLC. Elevation to the west side offers good grazing and wildlife in the towering Oaks and mesquites. Soils are sandy loam ready to be tilled and made into an arena. An old barn is till functional but is the perfect location for your new structure. The house is structurally sound and some touch up will make this open concept 1986 3 bedroom, 2 bath home come to life. A cement floor in the equipment shop is ready be a center part of what was once an irrigated peanut farm and later a coastal hay producer with livestock. The heirs are now scattered and are looking for someone to enjoy this property the way their parents did. This property is one good spring away from being your dream place. An hour and half from Abilene, Fort Worth, or Austin. Let's talk about it before it gets away.

Investor Tools

Property Icon
$689,000
Estimated Property Value
$4,942Estimated Mortgage Balance
$684,197Estimated Equity
99% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,134 /month
Positive
Cash Flow Estimate:
$1,378 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,113/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
N/A
$679,170
2025
$524,160
$155,010
$679,170
No

Tax History

Year
Tax Paid
Assessed Value
2025
N/A
$679,170

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Farmers & Merchants Bank
Commercial
$4,942
No
First
Oct 8, 2024
Oct 2025

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$4,803
$674,367
99%
1%
$30/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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1858 County Road 116 | Property Details | No Agent List