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$507,000

NAL Estimated Property Value

2385 Highway 2861, Comanche, TX, 76442

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,580 Sq Ft
Mobile HomesMobile Homes
price_per_sqft$203.49 / sqft
Year BuiltBuilt in 2005

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms 3Bathrooms 3
AppliancesDishwasher, Electric Range, Electric Water Heater, Microwave, Refrigerator
FlooringLaminate, Tile

Exterior

Exterior FeaturesRain Gutters, Storage, Garden
Lot Size23.20 acres

Building Information

Year Built2005
Garage Spaces2

Land Information

APN14127
Lot Number1P-4P
Land UseFarm & Ranch Improved - Rural Residence
Legal DescriptionWOLFE PECANLANDS DEV 49, LOT 1P-4P, ACRES 23.2, MH LABEL# PFS0779974 / PFS0779975 SN1 0110331220502A; SN2 0110331220502B;
Census Tract950200
Assessment Year2025

About this property

23.2 Acres. **MOTIVATED SELLER** Gem of a property! Ag Exemption. Quiet, secluded homestead located on a dead end road. Property features 23 acres, a primary residence, metal shop & shed w electricity, & a finished out stone building ideal for a mother in law suite or remote office. The home is complete w a fully renovated kitchen & master bathroom. 4 bedrooms w 3 Full Bathrooms. Other features include a wood burning fireplace, massive covered deck, & a functional utility room, which includes a sink. You get an added bonus w an oversized 30'X23' garage w 2 garage doors. The stone building includes electricity, water, an electric fireplace insert, & it is fully insulated. The structure is 330 square ft w an additional 16 ft of concrete on the backside of the structure if someone wanted to add onto the structure. Irrigation system around the house for the flower beds & there are sprinkler heads in the front yard. Water well has already been drilled; simply needs a pump. Entire property is fenced. Wildlife galore!

Investor Tools

Property Icon
$507,000
Estimated Property Value
$244,004Estimated Mortgage Balance
$262,996Estimated Equity
51% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,150 /month
Positive
Cash Flow Estimate:
$1,050 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$330/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,427
$323,040
2025
N/A
N/A
$397,220
No

Tax History

Year
Tax Paid
Assessed Value
2025
$1,427
$323,040

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Primis Mortgage Co
Conventional
$248,000
No
First
Jun 26, 2025
Jul 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$244,004
$262,996
51%
48%
$1,487/mo

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: Comanche

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2385 Highway 2861 | Property Details | No Agent List