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$381,000

208 Laramie Lake Drive, Powderly, TX, 75473

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths1,992 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$149.85 / sqft
Year BuiltBuilt in 1999

Property Lead Type:

Off-Market ListHigh EquityCash Buyers

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Electric Range, Microwave
FlooringCarpet, Ceramic Tile, Laminate

Exterior

Lot Size4.74 acres

Building Information

Year Built1999
Garage Spaces2

Land Information

APN111491
SubdivisionS M Fulton Survey
Land UseResidential
Legal DescriptionA329 S M FULTON SURVEY, TRACT 208 & 210 DOE RUN, ACRES 4.743
Census Tract000101
Assessed Land Value$82,690
Assessed Improvement Value$257,140
Assessment Year2025

About this property

Own a piece of paradise just 10 miles outside of Paris and minutes from Pat Mayse Lake in the desirable Doe Run subdivision. Enjoy country living on 4+ acres with a stocked pond with private pier, a variety of fruit trees, greenhouse and koi pond. This 2 bedroom 2 bath ranch-style includes a bonus room off the primary bedroom that could be used as an office, craft room or easily converted to a 3rd bedroom. The 720 square foot metal building has a full bath and man cave, currently used as living quarters, an additional attached 18x21 workshop with electric and a 11x15 storage area. Other highlights include a covered front and back porch, underground shared storm shelter and oversized carport for your boat or RV.

Investor Tools

Property Icon
$381,000
Estimated Property Value
$0Estimated Mortgage Balance
$381,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,286 /month
Positive
Cash Flow Estimate:
$762 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$423/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,167
$339,830
2025
$82,690
$257,140
$339,830
No

Tax History

Year
Tax Paid
Assessed Value
2022
$3,167
$339,830

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$381,000
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.

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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: Powderly

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208 Laramie Lake Drive | Property Details | No Agent List