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$427,130

240 Pr 1613, Mount Pleasant, TX, 75455

$555,269 ARVInfo
SoldInfo
6/11/26
Beds3 Beds
Baths2,958 Sq Ft
FarmFarm
price_per_sqft$207.91 / sqft
Year BuiltBuilt in 2009

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Half 2Bathrooms Half 2
AppliancesDishwasher

Exterior

Lot Size1 acre

Building Information

Year Built2009

Land Information

APN290454
SubdivisionDew, Joseph J Abs
Land UseResidential
Legal DescriptionDEW, JOSEPH J ABS 00156 TR 1005 1.0 AC
Census Tract950301
Assessed Land Value$25,622
Assessed Improvement Value$401,508
Assessment Year2025

About this property

HANDSOME HOME ON 10 ACRES mol, cut out of a Ranch of 415acre MOL The original cattle ranch features a mix of acres of pastures filled with Coastal Bermuda and Tifton. Actual acreage will be determined by a survey. Price per acre is $10,000 per acre This area is known as the piney woods of Texas but many anglers refer to it as the bass capital of the world. Lake Bob Sandlin and Lake Cypress Springs approx. 20 minute drive This exceptional property location is only a 10-minute drive to downtown Mt. Pleasant and the location of this ranch offers a myriad of activities to suit every interest. Primary Bedroom and Living room are on the level 1, no measurements taken. Don’t miss this opportunity to make this Texas Land yours today!

Investor Tools

Property Icon
$427,130
Estimated Property Value
$237,000Estimated Mortgage Balance
$225,136Estimated Equity
45% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
$555,269
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,690 /month
Positive
Cash Flow Estimate:
$1,230 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$419/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,897
$427,130
2025
$25,622
$401,508
$427,130
No

Tax History

Year
Tax Paid
Assessed Value
2025
$2,897
$427,130

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Pilgrim Bank
Unknown
$237,000
No
First
Nov 1, 2013
Apr 2020

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$201,994
$225,136
52%
47%
$1,679/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: Mount Pleasant

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240 Pr 1613 | Property Details | No Agent List