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$312,000

NAL Estimated Property Value

198 Fm 822, Edna, TX, 77957

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths2,229 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$141.27 / sqft
Year BuiltBuilt in 1963

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 2Bathrooms 2
AppliancesDishwasher, Electric Range, Microwave, Refrigerator, Range Hood, Water Heater

Exterior

Lot Size4.90 acres

Building Information

Year Built1964

Land Information

APNR25868
SubdivisionRobert Guthrie Survey Abs-
Land UseResidential
Legal DescriptionA5026 GUTHRIE, ROBERT, ACRES 4.9
Census Tract950200
Assessed Land Value$85,750
Assessed Improvement Value$104,650
Assessment Year2025

About this property

**Motivated Seller** Welcome to your own slice of country living in this 3 bedroom, 2 bath home on 4.9 acres, just outside the Edna city limits. This property offers endless opportunities for 4H projects or simply enjoying wide open spaces. This home was owned by one of Edna's most established builders, Louis Muschalek, who built the house for his family in 1963. Step inside this classic vintage home where you will find expertly crafted wood and Emerwood accent walls and custom ceilings that feature checkerboard designs, scored plywood, wood beams and tongue & groove treatments, bringing character to each room. Terrazzo tile floors and a brick fireplace flanked by custom cabinetry on each side elevate the space with texture and warmth. Recent updates include a new HVAC system and exterior paint in 2024 and a new hot water heater in 2025. A metal roof, a workshop with built in cabinets & workbench and an aerobic septic system complete the space. This well maintained home showcases the original design elements and is ready for your own personal touch. A recent appraisal shows the living area to be 2229 square feet.

Investor Tools

Property Icon
$312,000
Estimated Property Value
$611,376Estimated 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
$1,889 /month
Positive
Cash Flow Estimate:
$630 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$378/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,978
$190,400
2025
$85,750
$104,650
$190,400
No

Tax History

Year
Tax Paid
Assessed Value
2025
$2,978
$190,400

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Equity Prime Mortgage Llc
Fha
$309,294
Yes
First
Sep 18, 2025
Oct 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$611,376
N/A
0%
196%
$3,710/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: Edna

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198 Fm 822 | Property Details | No Agent List