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$585,000

198 Spanish Moss Trl, Rhome, TX, 76078

On MarketInfo
Just AddedInfo
Beds4 Beds
Baths2 Bath
Baths2,629 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$222.52 / sqft
Year BuiltBuilt in 2022

Property Lead Type:

Absentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2.5Bathrooms Full 2.5
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Cooktop, Electric Oven, Tankless Water Heater, Water Softener
FlooringCarpet, Ceramic Tile

Exterior

Lot Size32,060 sqft

Building Information

Year Built2022
Roof Type158
Garage Spaces4

Land Information

APNR0741.0M28.00
Lot Number28
SubdivisionFairview Meadows Ph3
Land UseResidential
Legal DescriptionLOT 28 BLK M FAIRVIEW MEADOWS PH3
Census Tract150606
Assessed Land Value$64,120
Assessed Improvement Value$451,732
Assessment Year2025

About this property

Single-story living, 0.74 acres, and a 30' x 30' Mueller red iron steel shop—all tucked away on a quiet cul-de-sac in Northwest ISD. Completed in 2023, this home offers something that’s getting harder to find: room to spread out, peaceful and secluded views, and the functionality of a newer home. Inside, you’ll find 4 bedrooms PLUS a dedicated office, a split floor plan for added privacy, fresh paint, durable flooring, and an open living space made for everyday life and entertaining. The crisp white kitchen features stainless steel appliances and an oversized island, while the primary suite offers dual sinks, a dedicated makeup vanity, walk-in shower, soaking tub, and large walk-in closet. A water softening system, tankless water heater, and Trane HVAC system add even more everyday comfort and convenience. Outside is where this property really sets itself apart. The 900-square-foot Mueller Red Iron Steel Shop features 14-foot ceilings, welded construction, and spray-foam insulation. The fully fenced yard, two covered patios, and thoughtfully added landscaping—including fruit trees, weeping willows, and crape myrtles—make the property feel peaceful, private, and established. Home. Office. Workshop. Entertaining space. Serene views. Nearly three-quarters of an acre. This one gives you room to live the way you want.

Investor Tools

$0Estimated Mortgage Balance
$529,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,510 /month
Positive
Cash Flow Estimate:
$1,170 /month

Interested in this property?

Emelee Field

Century 21 Mike Bowman, Inc.

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$771/month
$750/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,607
$515,852
2025
$64,120
$451,732
$515,852
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,607
$515,852

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$529,000
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: Rhome

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