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$319,000

NAL Estimated Property Value

238 Old Barnum Rd, Corrigan, TX, 75939

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,527 Sq Ft
price_per_sqft$117.81 / sqft
Year BuiltBuilt in 1982

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 1.5Bathrooms Full 1.5
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesRefrigerator, Electric Range, Convection Oven, Electric Oven, ENERGY STAR Qualified Appliances
FlooringCarpet, Vinyl

Exterior

Lot Size1 acre

Building Information

Year Built1982
Roof Type115
Garage Spaces2

Land Information

APN10017000900
SubdivisionAbst 17 Isaac Conway Survey
Land UseResidential
Legal DescriptionABST 17 ISAAC CONWAY SURVEY TRACT 6-A
Census Tract210401
Assessed Land Value$19,600
Assessed Improvement Value$216,504
Assessment Year2025

About this property

This pretty, approximate 12.93 property presents an scenic country setting featuring a neat 3BR/2BA brick home with attached 2-car attached garage, useful workshop/storage building, a 17kwh full-house natural gas backup generator, several acres of lawns & pasture, woods for hunting, and a small tree-lined fishing pond. The brick on slab offers approximately 1,527 SF of living area has a quaint living room with brick fireplace and open access to a recently updated kitchen featuring stainless-steel appliances (including refrigerator), an attached dining area, breakfast bar, beautiful cabinets, & bead-board wainscotting. The large master suite has a walk-in closet & attached bath with tub/shower combo with both guest bedrooms featuring walk-in closets. The rear covered porch offers lovely views of the lawn & distant pond, great for wildlife viewing! An easy 1.5 hour drive/commute to N. Houston-- Come up to the Country!

Investor Tools

Property Icon
$319,000
Estimated Property Value
$105,074Estimated Mortgage Balance
$213,926Estimated Equity
71% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,914 /month
Positive
Cash Flow Estimate:
$638 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$192/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$703
$236,104
2025
$19,600
$216,504
$236,104
No

Tax History

Year
Tax Paid
Assessed Value
2022
$703
$236,104

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Wells Fargo Bank Na
Conventional
$120,000
No
First
Jan 31, 2020
Feb 2035

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$105,074
$258,926
71%
33%
$720/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: Corrigan

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