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$548,270

NAL Estimated Property Value

1950 County Road 5035, Leonard, TX, 75452

Off MarketInfo
Beds5 Beds
Baths2 Bath
Baths1,845 Sq Ft
price_per_sqft$143.58 / sqft
Year BuiltBuilt in 1984

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 5Bedrooms 5
Bathrooms 2Bathrooms 2
AppliancesDishwasher, Electric Range, Refrigerator
FlooringCarpet, Laminate

Exterior

Exterior FeaturesLighting, Storage
Lot Size19.67 acres

Building Information

Year Built1984
Garage Spaces2

Land Information

APN84347
Land UseResidential
Legal DescriptionA1087 J SAUNDERS, ACRES 19.671
Census Tract950701
Assessed Land Value$382,260
Assessed Improvement Value$166,010
Assessment Year2025

About this property

BEST AND FINAL BY MON 6-17 AT 5PM. Amazing Property with Newly Renovated Home on 19 Plus Acres. Country Living at It's Finest. Addition of 3 Bedrooms and Bath, Incomplete but Ready For You to Add Your Own Design. Shop Has Its Own Electric Meter. Several Controllable Security Lights on Property. New Paint, Front Porch, Roof, AC, Foundation Repair, and Windows. Fenced In With Monitored Gate and Pin Pad, Private and Back Off the Road Next to the Creek. Featuring a Loafing Shed, Hay Barn, Horse Barn, Shop, Separate Garage, Storage Shed and More. Multiple Freeze-less Faucets Throughout the Property. Baled Bermuda and Fescue for Ag Exemption. Kitchen Features Warming Lights and Rack Above Stove.

Investor Tools

Property Icon
$548,270
Estimated Property Value
$230,653Estimated Mortgage Balance
$317,617Estimated Equity
57% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,290 /month
Positive
Cash Flow Estimate:
$1,097 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$385/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,875
$548,270
2025
$382,260
$166,010
$548,270
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,875
$548,270

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Independent Bank
Conventional
$265,109
No
First
Oct 4, 2019
Oct 2049

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$230,653
$317,617
57%
42%
$1,590/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: Leonard

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1950 County Road 5035 | Property Details | No Agent List