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$776,000

205 Schield Rd, Italy, TX, 76641

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,895 Sq Ft
FarmFarm
price_per_sqft$414.25 / sqft
Year BuiltBuilt in 1998

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Gas Range, Microwave, Refrigerator

Exterior

Lot Size57.25 acres

Building Information

Year Built1998
Stories1
Roof Type105
Garage Spaces2

Land Information

APN99.1170.000.004.00.107
SubdivisionS Walker
Land UseResidential
Legal Description1170 S WALKER LOCKED GATE 57.25 ACRES
Census Tract061000
Assessment Year2025

About this property

Bring the horses, cows and family for your own piece of heaven. This custom home has 3bd, 2baths and wall of windows in the living area to oversee the beautiful land and sunsets. Watch the wildlife off the back porch or sitting in your living room. Beautiful stone fireplace. Nice open floorplan for family gatherings. Home sits back off the road and gives you plenty of privacy, can't see neighbors and they can't see you. Two ponds on the property and one is believed to be spring fed. This is a unique propety and just waiting for the next owner to make it their own forever home. Set up a feeder and enjoy the deer on your own property. Property is fully fenced. Roof replaced March 2025. Few minutes from grocery store and Hwy 34 one directon and few miles to Hwy 22.

Investor Tools

Property Icon
$776,000
Estimated Property Value
$0Estimated Mortgage Balance
$776,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,710 /month
Positive
Cash Flow Estimate:
$1,570 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$390/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$806
$215,603
2025
N/A
N/A
$848,066
No

Tax History

Year
Tax Paid
Assessed Value
2024
$806
$215,603

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$776,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,972/mo
N/A
+$1,972/mo
3.0%

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: Italy

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205 Schield Rd | Property Details | No Agent List