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$287,870

NAL Estimated Property Value

1876 Fm 906 E, Powderly, TX, 75473

$374,231 ARVInfo
Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths2,720 Sq Ft
price_per_sqft$134.19 / sqft
Year BuiltBuilt in 1999

Property Lead Type:

Off-Market ListARV FlipAbsentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms 2Bathrooms 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Electric Cooktop, Electric Oven
FlooringCarpet, Linoleum, Vinyl

Exterior

Exterior FeaturesRain Gutters, Lighting, Private Entrance, Private Yard, Storage
Lot Size35.48 acres

Building Information

Year Built1999
Garage Spaces3

Land Information

APN50788
Lot Number65
SubdivisionR Cravens Survey
Land UseAgriculture / Farming
Legal DescriptionA166 R CRAVENS SURVEY, TRACT 65, ACRES 35.484, FM 906 FM 906
Census Tract000101
Assessed Land Value$7,990
Assessed Improvement Value$279,880
Assessment Year2025

About this property

Traditional farmhouse and shop on 3.75 acres in Powderly, Texas. The home has a large living, kitchen, and dining area with views of the backyard. There is a formal dining room as well as a breakfast nook, and the kitchen has an island and newer appliances. The primary bedroom is oversized with large dual walk-in closets. Two additional bedrooms and a bathroom are located on the opposite side of the house. The home also includes a two-car heated garage with large storage closets and built-in workbenches. The upstairs is unfinished and already roughed in, offering space for two additional bedrooms, or a bedroom and large bonus room. Since 2015, the roof, HVAC system, and both water heaters have been replaced. Propane is available. This house is move in ready, but PRIMED and ready for an update with a great layout, tons of space, solid foundation, amazing curb appeal, the upstairs, and great location. The yard includes a concrete circle drive, spring-flowering trees, a gazebo in the front, a large front porch, and a covered side patio overlooking the backyard. The shop is 30x30 with 220V electric. The side yard is ready for fencing and livestock. Additional acreage is available.

Investor Tools

Property Icon
$287,870
Estimated Property Value
$114,618Estimated Mortgage Balance
$173,252Estimated Equity
60% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
$374,231
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,190 /month
Positive
Cash Flow Estimate:
$730 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$420/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,599
$287,870
2025
$7,990
$279,880
$287,870
No

Tax History

Year
Tax Paid
Assessed Value
2022
$3,599
$287,870

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
First Federal Community Bank
Conventional
$132,600
No
First
Aug 22, 2019
Sep 2034

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$114,618
$173,252
60%
40%
$796/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.

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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: Powderly

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