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$409,484

23045 Hill Rd, Jarrell, TX, 76537

Off MarketInfo
Beds2 Beds
Baths2 Bath
Baths1,292 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$108.3 / sqft
Year BuiltBuilt in 1987

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms 2Bathrooms 2

Exterior

Lot Size8.10 acres

Building Information

Year Built1987
Stories1
Roof Type114

Land Information

APN80292
SubdivisionS Allen
Land UseAgriculture / Farming
Legal DescriptionA0031BC S ALLEN, 5-2-1, ACRES 8.1 5-2-1,
Census Tract023404
Assessment Year2025

About this property

8.11 unrestricted acres in Salado ISD! Property features fencing for horses, a wet weather stock pond/tank, and native trees. The home features 2 bedrooms and 2 bathrooms with large kitchen/living areas. This property is being sold as-is, and the portable grey building does not convey. Seller to provide $2500.00 allowance!

Investor Tools

Property Icon
$409,484
Estimated Property Value
$66,500Estimated Mortgage Balance
$350,644Estimated Equity
84% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,457 /month
Positive
Cash Flow Estimate:
$819 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$609/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,257
$409,484
2025
N/A
N/A
$456,212
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,257
$409,484

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Southwest Funding Lp
Conventional
$66,500
No
First
Jun 17, 2020
Jul 2035

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$58,960
$350,524
85%
14%
$399/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: Jarrell

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23045 Hill Rd | Property Details | No Agent List