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$356,000

NAL Estimated Property Value

204 County Road 492, Carthage, TX, 75633

$366,345 ARVInfo
Off MarketInfo
Beds5 Beds
Baths3 Bath
Baths3,241 Sq Ft
price_per_sqft$89.17 / sqft
Year BuiltBuilt in 1973

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 5Bedrooms 5
Bathrooms 3Bathrooms 3
AppliancesDishwasher, Electric Cooktop, Electric Oven, Plumbed For Ice Maker, Electric Water Heater
FlooringCarpet, Ceramic Tile

Exterior

Exterior FeaturesLighting, RV Hookup, Storage

Building Information

Year Built1973
Garage Spaces2

Land Information

APN16218
Lot Number8
Land UseResidential
Legal DescriptionWILDWOOD EST LT 8
Census Tract950300
Assessed Land Value$20,420
Assessed Improvement Value$269,070
Assessment Year2025

About this property

One of a kind just outside the city limits of Carthage TX, located in the highly desirable Wildwood Estates. This 5 bedroom, 3 bath, 3 living custom home sits on an exclusive cove on Dixie Lake. This unique floor plan can be used as 2 Individual residences, separated by the oversized garage all under one roof! The lakeside is a 2 bedroom, 2 ensuite bath. The guest quarters is a 3 bedroom 1 bath with its own separate outside entrance. It would make a great vacation rental for extra income. Enjoy reading a book and relaxing in the sunroom by the warmth of a wood burning stove while enjoying views of the lake. Home has been well maintained and is ready to be updated by its new owner. It has been priced accordingly.

Investor Tools

Property Icon
$356,000
Estimated Property Value
$258,796Estimated Mortgage Balance
$97,204Estimated Equity
27% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$366,344
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,136 /month
Positive
Cash Flow Estimate:
$712 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$441/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,510
$289,490
2025
$20,420
$269,070
$289,490
No

Tax History

Year
Tax Paid
Assessed Value
2022
$3,510
$289,490

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
American Financing Corp
Conventional
$280,250
No
First
Apr 25, 2022
May 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$258,796
$97,204
27%
73%
$1,681/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: Carthage

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204 County Road 492 | Property Details | No Agent List