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$281,000

NAL Estimated Property Value

228 Apache Loop, Cherokee, TX, 76832

Off MarketInfo
Beds2 Beds
Baths1 Bath
Baths1,008 Sq Ft
price_per_sqft$248.02 / sqft
Year BuiltBuilt in 1950

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms 1Bathrooms 1
AppliancesElectric Cooktop, Electric Oven, Electric Water Heater
FlooringVinyl

Exterior

Lot Size1 acre

Building Information

Year Built1980

Land Information

APN800824
Land UseAgriculture / Farming
Legal DescriptionFISHER & MILLER ABST 378 SURV 366 1 AC
Census Tract950200
Assessed Land Value$15,000
Assessed Improvement Value$56,110
Assessment Year2025

About this property

Yes you can hunt this property. No restrictions known. 11.5 fenced acres with a two-bedroom, one bath house. The acreage has paved road frontage on two sides. Owner reports that approximately 30 head of Axis deer live on the property. There is a well that supplies the home water. A septic tank is in place that also services the home. There is an ag exemption in place that helps with property taxes. This property has previously had horses on it. The property is located in Cherokee, Texas. Cherokee has restaurants and has their own school district. It is 18 miles to the town of Llano and 16 miles to the town of San Saba. Both towns have grocery stores, restaurants, and clinics. Austin in only 92 miles from Cherokee, so this makes a great get-a-way from the hustle and bustle. Country life is waiting for you with this property.

Investor Tools

Property Icon
$281,000
Estimated Property Value
$0Estimated Mortgage Balance
$281,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,686 /month
Positive
Cash Flow Estimate:
$562 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$145/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$335
$71,110
2025
$15,000
$56,110
$71,110
No

Tax History

Year
Tax Paid
Assessed Value
2025
$335
$71,110

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$281,000
100%
0%
$0/mo

Learn About the Market: Opportunity in Texas

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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: Cherokee

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