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Days28Days on Market
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$600,000

$650,000

22965 Fm 506, SANTA ROSA, TX, 78593

On MarketInfo
Price DropInfo
Beds3 Beds
Baths3 Bath
Baths3,349 Sq Ft
price_per_sqft$179.16 / sqft
Year BuiltBuilt in 2001

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 3Bathrooms Full 3
Bathrooms Half 1Bathrooms Half 1
Garage AvailableGarage Available
AppliancesElectric Water Heater
FlooringTile

Exterior

Lot Size5.13 acres

Building Information

Year Built2021
Stories1
Garage Spaces3

Land Information

APN85-5380-0860-0403-10
SubdivisionMinnesota-Texas Irrigation Land Co (Vol
Land UseResidential
Legal DescriptionMINNESOTA-TEXAS IRRIGATION LAND CO PT BLK 86 15.024 AC, 5.1340 AC
Census Tract010303
Assessed Land Value$180,196
Assessed Improvement Value$295,943
Assessment Year2025

About this property

Looking for space? You found it! This luxury-style country home has it all and sits on slightly more than 5 acres, offering you plenty of room to grow. Featuring 3 spacious bedrooms and 3.5 bathrooms, this home was designed with both everyday living and entertaining in mind. Enjoy 2 living and dining areas, dedicated office, a bright sunroom, and 2 additional bonus rooms upstairs that can be used as a game/media room, toy/play room, guest space, or anything your lifestyle needs. The oversized 3-car garage includes additional storage areas, providing plenty of space for vehicles, tools, and equipment. Inside, you'll find high-end luxury-style fixtures and custom cabinetry throughout, adding sophistication and quality to every room. A Generac system is already installed for added peace of mind and convenience. Step outside and enjoy the large covered outdoor patio or the additional decking space upstairs, perfect for family gatherings and BBQs. Come and see! Schedule your tour today.

Investor Tools

$51,159Estimated Mortgage Balance
$617,377Estimated Equity
89% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,008 /month
Positive
Cash Flow Estimate:
$1,336 /month

Interested in this property?

MICHELLE DE HOYOS

ROCKING K REALTY & AUCTIONS

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$963/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$8,212
$476,139
2025
$180,196
$295,943
$476,139
No

Tax History

Year
Tax Paid
Assessed Value
2025
$8,212
$476,139

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Gmac Bank
Unknown
$148,000
No
First
May 23, 2003
Jun 2033

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$51,159
$424,980
89%
8%
$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.

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: SANTA ROSA

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