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$315,000

NAL Estimated Property Value

2331 Fm 932, Hamilton, TX, 76531

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,418 Sq Ft
price_per_sqft$222.14 / sqft
Year BuiltBuilt in 1950

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 2Bathrooms 2
AppliancesDishwasher, Disposal, Electric Cooktop, Electric Oven, Electric Range, Electric Water Heater, Microwave, Refrigerator, Tankless Water Heater, Water Softener
FlooringHardwood

Exterior

Exterior FeaturesLighting, Storage
Lot Size1 acre

Building Information

Year Built1950
Garage Spaces2

Land Information

APNR18646
Land UseResidential
Legal Description862 STEPHEN R WILSON; ACRES: 1.00
Census Tract950200
Assessed Land Value$16,000
Assessed Improvement Value$192,910
Assessment Year2025

About this property

Historic Homestead and Modern Workshop on 2.83 Acres Experience the perfect blend of Texas history and modern utility on this pristine 2.83 acre property. This home has been meticulously updated to provide a comfortable lifestyle while preserving its historic character. Walk across golden hardwood floors into a home that preserves its original charm while offering high end modern systems. Triple pane windows throughout with a lifetime transferable warranty against any type of breakage. Custom Bali shades on all windows. New central heat and air installed in 2022 and new septic system in 2020. Beautifully remodeled spacious eat in kitchen and separate formal dining room. Original doors and gorgeous pine trim throughout. Stone hearth ready for a wood burning stove. Master suite with a roomy walk in shower. New electrical service and updated plumbing. Tankless water heater and whole home water softener. New roof installed in 2019. Refrigerator washer and dryer convey with the property. Improvements and Infrastructure The 2.83 acre grounds are designed for the craftsman or livestock enthusiast. Massive 30x30 workshop equipped with 220V power and water. Large 30x12 covered awning for equipment or vehicle storage. Original rock two car detached garage and matching rock backyard fencing. Livestock barn with concrete floors in excellent usable condition. Additional metal storage building. Spacious back porch and patio area with 360 degree views of the countryside. This property offers the serenity of country living with professional grade infrastructure already in place. Future Growth and Access Note that within the next 10 years TxDOT plans for the Hamilton bypass which will include a new loop located within 1000 feet of the property. This future improvement will be visible from the property and will offer significantly faster and easier access to Highway 281 Highway 36 and the local amenities of town.

Investor Tools

Property Icon
$315,000
Estimated Property Value
$0Estimated Mortgage Balance
$315,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,890 /month
Positive
Cash Flow Estimate:
$630 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$175/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$526
$208,910
2025
$16,000
$192,910
$208,910
No

Tax History

Year
Tax Paid
Assessed Value
2025
$526
$208,910

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$315,000
100%
0%
$0/mo

City: Hamilton

2331 Fm 932 | Property Details | No Agent List