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Owner Contacts

$438,000

NAL Estimated Property Value

24763 Fm 857, Grand Saline, TX, 75140

$569,400 ARV

Off Market

3 Beds

2 Bath

1,680 Sq Ft

$282.74 / sqft

Built in 1950

Property Lead Type:

Off-Market ListAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 3

Bathrooms Full 2

Indoor Fireplace

Garage Available

Heating Central

Cooling

AppliancesDishwasher, Refrigerator

FlooringLaminate, Vinyl

Exterior

Private Pool

Exterior FeaturesFire Pit

Lot Size2 acres

Building Information

Year Built1950

Stories1

Roof Type105

Garage Spaces2

Land Information

APN1-00000-1155-00-002001

SubdivisionA1155 S Holland

Land UseResidential

Legal DescriptionABST A1155 S HOLLANDTRACT 2.1 (PT 29.58AC/ SEE TR 2)

Census Tract001405

Assessed Land Value$18,178

Assessed Improvement Value$193,173

Assessment Year2025

About this property

Motivated Sellers! Country life awaits w remodeled & updated country brick home on 29.58 acres of picturesque fenced pastures, plus woods, & shop! Classic design ranch home with a wrap around porch, mature trees, backyard pergola & nice above ground pool w solar lights & chandelier perfect for entertaining. This charming home has cozy vibe decor & features open floor plan with a WBFP w heatilator, recently updated kitchen with new appliances, glass front cabinet doors & breakfast bar. Large bedrooms, French doors, recent flooring, new windows, paint, updated bathrooms, new hot water heater, make this home move in ready! Nice 2 bay door shop with electric & extra carport for 2. Almost 30 acres of fenced pastures in AG that are fenced & cross fenced for horses or cattle, plus a woodsy fenced 20 acres with pond for hiking & exploring nature & wildlife. Low taxes here! WIFI Tower! TEA high rated Van ISD! 10 minutes to Mineola, Van or Grand Saline, 30 minutes to Tyler, 1.5 hrs to DFW.

Investor Tools

$438,000

Estimated Property Value

$338,377Estimated Mortgage Balance

$99,623Estimated Equity

22% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)*

$569,400

Rent-to-Value Ratio: 0.72%

Rent Estimate

$2,850 /month

Positive

Cash Flow Estimate:

$950 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$316/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$1,600

$211,351

2025

$18,178

$193,173

$211,351

Tax History

Year

Tax Paid

Assessed Value

2025

$1,600

$211,351

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Midwest Mortgage Associates Corp

Conventional

$356,250

First

Aug 17, 2023

Sep 2053

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$338,377

$99,623

22%

77%

$2,136/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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