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$340,000

NAL Estimated Property Value

1913 State Highway 198, Canton, TX, 75103

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths3,066 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$301.7 / sqft
Year BuiltBuilt in 1984

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms 3Bathrooms 3
Garage AvailableGarage Available
AppliancesDishwasher, Disposal, Electric Cooktop, Electric Oven, Electric Water Heater
FlooringCarpet

Exterior

Exterior FeaturesRain Gutters, Lighting
Lot Size21,780 sqft

Building Information

Year Built1984
Stories1
Garage Spaces2

Land Information

APN016.0124.0091.0000.0002
Land UseFarm/Ranch, House
Legal DescriptionACRES: 1.000 ABST: 124 SUR: M J CORDENA
Census Tract950602
Assessed Land Value$10,000
Assessed Improvement Value$282,500
Assessment Year2025

About this property

Experience refined country living in this fully remodeled 4 Bed-2.5 Bath home nestled amongst trees on almost 21 acres. Completed in Dec 2021, the home boasts new electrical, plumbing, HVAC, roof (Sept 2021) & spray foam insulation in all exterior walls and attic. Revel in the spaciousness with a sunroom & game room-2nd living. Outside, find a 30x60 4-bay shop (2023) wired for AC, 4 10 ft. insulated doors, 3 openers & a 21x42 3-bay shop offers endless possibilities for storage, projects, or business ventures. Enjoy oversized carport & patio covers (2023). Two ponds - stocked front & seasonal back. Conveniently located just a stone's throw away from town, schools and the renowned First Monday Trade Days, this property offers the best of both worlds - the tranquility of country living and the convenience of easy access to amenities. Hundreds of feet of Hwy Frontage. Property is under current Wildlife Exemption. Don't miss this rare gem!

Investor Tools

Property Icon
$340,000
Estimated Property Value
$0Estimated Mortgage Balance
$340,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$5,550 /month
Positive
Cash Flow Estimate:
$1,850 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$492/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,202
$292,500
2025
$10,000
$282,500
$292,500
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,202
$292,500

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$340,000
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: Canton

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1913 State Highway 198 | Property Details | No Agent List