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$264,000

NAL Estimated Property Value

233 County Road 1820, Grapeland, TX, 75844

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,272 Sq Ft
price_per_sqft$157.23 / sqft
Year BuiltBuilt in 1988

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 1.5Bathrooms 1.5
AppliancesElectric Oven, Microwave, Electric Cooktop, Dishwasher
FlooringTile, Wood

Exterior

Lot Size34,935 sqft

Building Information

Year Built1988

Land Information

APN067000008000000000000
Lot Number8
SubdivisionJake Acres
Land UseResidential
Legal DescriptionJAKE ACRES LOT 8 .802 AC
Census Tract950500
Assessed Land Value$6,420
Assessed Improvement Value$77,000
Assessment Year2025

About this property

This lovely three bedroom, one & a half bath home is located in the desirable Latexo school district. As soon as you walk through the door you will get that welcome home feeling. The large living area will be great for entertaining. The kitchen has new quartz countertops, a new dishwasher, lovely backsplash, and a large pantry. The whole house has been updated with fresh paint, new ceilings and doors. Beautiful yellow pine wood flooring throughout the house, and tile flooring in the kitchen and in the bathrooms. The primary bedroom has access to the full bath and also a private half bathroom. The extra two bedrooms would make great guest bedrooms or office space. The french doors in the dining room will lead you to the covered back porch where you can enjoy quiet country living. The roof was replaced in Oct. of 2023. The house sits on almost 1 acre with plenty of room for the kids to play or have a garden. The storage shed is an extra bonus to store all of your outside necessities.

Investor Tools

Property Icon
$264,000
Estimated Property Value
$0Estimated Mortgage Balance
$264,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,584 /month
Positive
Cash Flow Estimate:
$528 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$140/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$356
$83,420
2025
$6,420
$77,000
$83,420
No

Tax History

Year
Tax Paid
Assessed Value
2025
$356
$83,420

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$248,000
100%
0%
$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.

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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: Grapeland

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233 County Road 1820 | Property Details | No Agent List