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$520,000

NAL Estimated Property Value

198 Butler Rd, Maypearl, TX, 76064

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths2,189 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$227.96 / sqft
Year BuiltBuilt in 2013

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Range, Microwave
FlooringCarpet, Tile, Vinyl

Exterior

Lot Size1.88 acres

Building Information

Year Built2013
Stories1
Roof Type105
Garage Spaces2

Land Information

APN00.3204.000.002.00.115
Lot Number2
SubdivisionJack Estates
Land UseResidential
Legal DescriptionLOT 2 JACK ESTATES 1.884 AC
Census Tract060900
Assessed Land Value$170,000
Assessed Improvement Value$350,000
Assessment Year2025

About this property

Nestled on 1.88 acres in Maypearl ISD, this beautiful 3-bedroom, 2-bathroom home offers the perfect blend of country living and modern accessibility. The home has been thoughtfully designed to be handicap accessible, featuring wider doorways, ramps, and other convenient accommodations that ensure comfort for all. The spacious floor plan includes a comfortable living area, fully equipped kitchen with plenty of counter space with an adjoining dining area that offers a great spot for family meals. The master suite is generously sized, with ample closet space and an ensuite bathroom. The additional bedrooms are perfect for family, guests, or home office space. This property is perfect for those who love the outdoors, offering expansive views over the surrounding countryside. From the back porch, you’ll be able to watch wildlife and enjoy the peaceful tranquility of the land, with deer feeders in the distance. A standout feature of this property is the large workshop, which includes water and electric. Whether you need space for hobbies, work projects, or simply extra storage, this fully equipped workshop provides endless possibilities. Located just outside of town, you’ll have plenty of privacy while still being within easy reach of local amenities and schools in Maypearl ISD. The large lot provides plenty of room for outdoor activities. This home offers an exceptional opportunity for country living, combined with accessibility and convenience. Don’t miss out on this one-of-a-kind property!

Investor Tools

Property Icon
$520,000
Estimated Property Value
$725,600Estimated Mortgage Balance
$0Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,120 /month
Positive
Cash Flow Estimate:
$1,040 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$920/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$8,442
$520,000
2025
$170,000
$350,000
$520,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$8,442
$520,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Everett Financial Inc
Conventional
$365,450
No
First
Dec 26, 2025
Jan 2056

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$725,600
N/A
0%
140%
$4,384/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,972/mo
$4,384/mo
$-2,412/mo
4.6%

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: Maypearl

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198 Butler Rd | Property Details | No Agent List