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$650,000

239 County Road 402, Danbury, TX, 77534

On MarketInfo
Beds3 Beds
Baths3 Bath
Baths2,068 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$314.31 / sqft
Year BuiltBuilt in 1996

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Bathrooms Half 1Bathrooms Half 1
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating ElectricHeating Electric
CoolingCooling
AppliancesGas Oven, Microwave, Gas Range, Dishwasher
FlooringTile

Exterior

Lot Size9.99 acres

Building Information

Year Built1996
Stories1
Roof Type105
Garage Spaces4

Land Information

APN0012-0004-006
SubdivisionHenry Austin
Land UseResidential
Legal DescriptionA0012 HENRY AUSTIN TRACT 112B-112C SD TR 1 ACRES 9.99
Census Tract662400
Assessed Land Value$140,170
Assessed Improvement Value$276,690
Assessment Year2025

About this property

This beautiful red brick ranch sits on 10 oak-studded acres, gated and fenced with net wire and ideal for horses or cattle on sandy loam soil. An in-law suite with private entrance, full bath, and walk-in closet offers excellent flexibility. The primary suite features an ensuite bath with 5-ft walk-in shower, separate toilet room, and a custom closet. The living room impresses with vaulted ceilings, exposed beam detail, and a brick wood-burning fireplace. Interior paint is recent, wood blinds throughout. An office includes wall-to-wall built-in bookcases. The updated kitchen offers granite countertops, gas stove, new sink, reverse-osmosis filtration, cabinet pull-outs. Enjoy a 56×12 covered patio overlooking an oak-shaded backyard with extensive flowerbeds, rose garden, fruit trees, and a fenced vegetable garden area. The property also includes a 2-car garage, covered carport, and a 3,250 sq ft shop with sliding hurricane-resistant metal doors.

Investor Tools

$82,331Estimated Mortgage Balance
$562,372Estimated Equity
87% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,900 /month
Positive
Cash Flow Estimate:
$1,300 /month

Interested in this property?

Ashley Warren

Orchard Brokerage

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$348/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$957
$411,338
2025
$140,170
$276,690
$416,860
No

Tax History

Year
Tax Paid
Assessed Value
2024
$957
$411,338

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Option One Mortgage Corp
Unknown
$204,800
No
First
Aug 18, 2004
Sep 2034

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$82,331
$561,669
87%
13%
$1,228/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: Danbury

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