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$237,999

2297 Fm 1816, Bowie, TX, 76230

Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths1,428 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$166.67 / sqft
Year BuiltBuilt in 1988

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms 2Bathrooms 2
AppliancesDishwasher, Electric Range
FlooringCarpet, Vinyl

Exterior

Exterior FeaturesKennel, Storage
Lot Size1 acre

Building Information

Year Built1988

Land Information

APNR000013785
SubdivisionT E & L Co Survey No 3419 A
Land UseResidential
Legal DescriptionACRES: 1.000 AB 808 BLK TE&L CO
Census Tract950401
Assessed Land Value$24,760
Assessed Improvement Value$203,400
Assessment Year2025

About this property

Welcome to the country life! NO HOA, NO CITY TAXES, NO RESTRICTIONS! Enjoy the peaceful country on almost 1 acre. This beautiful home is surrounded by mature trees and has a covered front porch where you can watch sunsets. The living room has an open concept, luxury vinyl plank flooring, natural light, and plenty of space for entertaining. Kitchen includes: lots of cabinet space for storage, eat-in bar top, and opens to the dining area. This versatile property offers a feed-tack room, storage workshop with electricity, storm shelter, shed for additional storage, and is fully fenced. Horses and animals are welcome

Investor Tools

Property Icon
$248,000
Estimated Property Value
$180,000Estimated Mortgage Balance
$75,314Estimated Equity
27% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,488 /month
Positive
Cash Flow Estimate:
$496 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$179/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$906
$228,160
2025
$24,760
$203,400
$228,160
No

Tax History

Year
Tax Paid
Assessed Value
2025
$906
$228,160

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Guild Mortgage Co
Unknown
$180,000
No
First
Feb 22, 2024
Mar 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$172,686
$75,314
30%
70%
$1,080/mo

Learn About the Market: Opportunity in Texas

Local Market Pages
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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: Bowie

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2297 Fm 1816 | Property Details | No Agent List