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$255,000

209 Vz County Road 1118, Grand Saline, TX, 75140

$266,943 ARVInfo
Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths1,568 Sq Ft
FarmFarm
price_per_sqft$162.63 / sqft
Year BuiltBuilt in 2004

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 3Bathrooms 3
Garage AvailableGarage Available
AppliancesDishwasher, Gas Cooktop, Convection Oven
FlooringCeramic Tile, Wood

Exterior

Private PoolPrivate Pool
Exterior FeaturesOther
Lot Size8 acres

Building Information

Year Built2004
Garage Spaces5

Land Information

APN046.0926.0180.0002.0000
Land UseResidential
Legal DescriptionACRES: 8.000 ABST: 926 SUR: J D WRIGHT
Census Tract950100
Assessed Land Value$17,650
Assessed Improvement Value$342,850
Assessment Year2025

About this property

Lovely Country Home with 8 Acres located between Grand Saline and Canton. Easy access to I-20 and ST Hwy 80. 3 Bedroom 2 Bathroom custom built Country home, luxury master bathroom and Cooks Kitchen. Great storage in this home with extra closets, large walk in master closet. Large Back porch overlooking gunite pool, water feature, Pond, Majestic Oaks scattered in park setting. Detached Office, 3 Car Garage, landscaped yard pasture, peach trees, and wildlife for your family to enjoy. Half Bath for the pool area. Ag exempt . Bring your critters, dogs, horses cattle or whatever you want. No Deed restrictions. Community Water, underground electric. Recent Survey .

Investor Tools

Property Icon
$360,500
Estimated Property Value
$245,126Estimated Mortgage Balance
$147,233Estimated Equity
32% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$266,943
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,163 /month
Positive
Cash Flow Estimate:
$721 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$336/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,233
$360,500
2025
$17,650
$342,850
$360,500
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,233
$360,500

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Village Capital & Investment Llc
Fha
$245,126
Yes
First
Oct 10, 2019
Nov 2049

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$213,267
$147,233
40%
59%
$1,470/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: Grand Saline

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209 Vz County Road 1118 | Property Details | No Agent List