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$399,000

2308 Karnack Hwy, Marshall, TX, 75672

On MarketInfo
Beds3 Beds
Baths5 Bath
Baths4,359 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$91.53 / sqft
Year BuiltBuilt in 1965

About this property

WOW...all the space you've been looking for! This stately 1965 home offers room for everyone with 3 spacious bedrooms, 4 full bathrooms, and 1 half bath, all situated on nearly 2 beautiful acres. Designed for entertaining and everyday living, you'll find a formal living room, formal dining room, a spacious den, and a large kitchen with a breakfast area that serves as the heart of the home. The impressive theater/game room features its own kitchen, making it the perfect space for hosting family gatherings,game days, or movie nights. Abundant closets and storage throughout the home provide exceptional functionality. The oversized garage offers plenty of space for vehicles plus a workshop area, while the detached man cave/hobby room with a half bath creates endless possibilities for hobbies, a home office, fitness room, or additional entertaining space. The in-ground pool is in need of repair and is being conveyed with no value assigned, presenting an opportunity for the next owner to restore it to its full potential. If you've been searching for a home with timeless character, incredible square footage, and endlesspossibilities on an expansive lot, this is one you won't want to miss!

Investor Tools

Property Icon
$345,000
Estimated Property Value
$194,000Estimated Mortgage Balance
$171,944Estimated Equity
44% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,394 /month
Positive
Cash Flow Estimate:
$798 /month

Interested in this property?

Terry Turner-Ward

Coldwell Banker Lenhart-Marshall

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$509/month
No HOA
5.947%

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: Marshall

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