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$1,725,000

NAL Estimated Property Value

2168 County Road 320, Yoakum, TX, 77995

Off MarketInfo
Beds2 Beds
Baths2 Bath
Baths1,600 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$1,171.88 / sqft
Year BuiltBuilt in 1959

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms 2Bathrooms 2
AppliancesDishwasher, Gas Range, Refrigerator, Tankless Water Heater, Range
FlooringTile, Wood

Exterior

Lot Size43 acres

Building Information

Year Built1959
Garage Spaces2

Land Information

APNR29404
Land UseAgriculture / Farming
Legal DescriptionA0446 ELIZA TRIBBLE, ACRES 43.0000
Census Tract000500
Assessed Land Value$368,902
Assessed Improvement Value$257,385
Assessment Year2025

About this property

Magnificent View!!!!  Welcome to the oasis on the hill.  This 128.78 acre ranch has some of the best views in the Shiner/Yoakum area.  Situated on a ridge above the North Fork of the Mustang Creek, this ranch offers views for miles. The approximately 1600 square foot home underwent a major renovation in 2024 and beautifully ties modern appeal to a farmhouse style.  The home is 2 Bedrooms and 2 Baths.  It features custom wood floors and counter tops, a spacious living area and a phenomenal master bedroom and bath.  There is an attached screened porch on the back side of the house which over looks the valley below.  Enjoy watching deer, turkeys, wild pigs and other game while enjoying your morning coffee or winding down in the evening.  Just off the home sits a 30x30 metals workshop. This workshop was recently constructed and is ideal for keeping equipment out of the elements and offers an insulated workspace from the heat and cold.   The ranch is primarily open with some brush and vegetation near the creek.  The improved hay field consists of coastal bermuda.  Hay production has been the primary use of the ranch for the last handful of years. Portions of the property, around the creek, are in a flood plain but not structures are affected. The home has a Yoakum address but is in the Shiner School District.

Investor Tools

Property Icon
$1,725,000
Estimated Property Value
$104,936Estimated Mortgage Balance
$1,620,064Estimated Equity
93% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$11,250 /month
Positive
Cash Flow Estimate:
$3,750 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$830/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,332
$626,287
2025
$368,902
$257,385
$626,287
No

Tax History

Year
Tax Paid
Assessed Value
2023
$1,332
$626,287

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Rennie J. Overton Etux
Seller Carryback / Seller Financing / Seller Take-Back
$175,000
No
First
Dec 21, 2009
Dec 2019

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$104,936
$1,620,064
93%
6%
$1,050/mo

City: Yoakum

2168 County Road 320 | Property Details | No Agent List