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$223,000

NAL Estimated Property Value

247 County Road 688, Dayton, TX, 77535

Off MarketInfo
Beds3 Beds
Baths1 Bath
Baths1,040 Sq Ft
price_per_sqft$216.13 / sqft
Year BuiltBuilt in 1995

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
AppliancesInstant Hot Water

Exterior

Lot Size2.50 acres

Building Information

Year Built1995
Stories1
Roof Type105

Land Information

APNR106016
Lot Number69-A
SubdivisionMeadowood S/D
Land UseResidential
Legal DescriptionMEADOWOOD S/D, LOT 69-A, ACRES 2.5
Census Tract700900
Assessed Land Value$122,580
Assessed Improvement Value$89,040
Assessment Year2025

About this property

Enjoy the best of country freedom with city convenience on this unrestricted 2.5-acre property, perfectly located just 20 minutes from Cleveland and 12 minutes from Dayton. Tucked away in a peaceful rural setting, this expansive tract offers a beautiful blend of open space and young trees ideal for building, expanding, or creating your own private retreat. A small, charming home sits on the property and offers excellent fixer-upper potential, making it a great opportunity for investors or buyers looking to add value.With electricity, well, and septic system already in place, much of the groundwork has been done, giving you a head start on future plans. A generously sized shed (approx. 12'x 32') provides plenty of space for storage or a workshop.YES NO RESTRICTIONS!! Bring your vision whether that’s a homestead, weekend getaway, or future development. Properties with this much land, flexibility, and proximity to town are hard to find. Call today to explore the possibilities!

Investor Tools

Property Icon
$223,000
Estimated Property Value
$0Estimated Mortgage Balance
$223,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,349 /month
Positive
Cash Flow Estimate:
$450 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$325/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,783
$211,620
2025
$122,580
$89,040
$211,620
Yes (2023)

Tax History

Year
Tax Paid
Assessed Value
2024
$2,783
$211,620

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$277,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,722/mo
N/A
+$1,722/mo
9.3%

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: Dayton

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247 County Road 688 | Property Details | No Agent List