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$279,900

248 Butternut Lane, Powderly, TX, 75473

Under ContractInfo
Beds3 Beds
Baths2 Bath
Baths1,833 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$152.7 / sqft
Year BuiltBuilt in 1994

Property Lead Type:

Off-Market ListHigh EquityCash BuyersMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Cooktop, Electric Oven, Electric Water Heater
FlooringVinyl

Exterior

Exterior FeaturesPrivate Yard, Storage
Lot Size6,240 sqft

Building Information

Year Built1994
Stories1
Garage Spaces2

Land Information

APN104558
Lot Number37
SubdivisionBeaver Creek #2
Land UseResidential
Legal DescriptionBEAVER CREEK #2, LOT 37, ACRES .624
Census Tract000101
Assessed Land Value$22,960
Assessed Improvement Value$270,580
Assessment Year2025

About this property

Tucked within the established Beaver Creek community, this beautifully maintained single-story residence offers a rare blend of space, privacy, and elevated everyday living—all set on an expansive corner lot of just over half an acre. From the moment you arrive, the home’s inviting curb appeal and mature trees create a sense of quiet sophistication. Inside, warm hand-scraped engineered hardwood floors flow throughout the main living spaces, complemented by a charming wood-burning fireplace that anchors the living room with both style and comfort. Designed with functionality in mind, the thoughtfully laid-out floor plan features three spacious bedrooms and two full bathrooms, including a split primary suite for added privacy. The recently renovated primary bath showcases a designer-tiled shower and updated finishes, offering a spa-inspired retreat. tall ceilings, designer lighting, and ceiling fans add subtle architectural interest throughout. The kitchen is both practical and inviting, complete with tile flooring and countertops, a dedicated coffee bar or workspace, and all appliances included—ready for effortless daily living or entertaining. Outdoors, the property truly shines. The oversized corner lot provides additional parking, while the large, covered patio invites relaxed evenings surrounded by nature. A standout feature is the detached workshop with an additional two-car garage—ideal for hobbies, storage, or those needing extra space beyond the attached two-car garage. Quiet streets, peaceful surroundings, and room to breathe make this neighborhood perfect for evening walks or simply unwinding at home. Opportunities like this—offering acreage, a shop, and thoughtful updates within North Lamar ISD—are rare at this price point. Don’t miss your chance to make it yours.

Investor Tools

$0Estimated Mortgage Balance
$293,540Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,761 /month
Positive
Cash Flow Estimate:
$587 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$324/month
$150/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,415
$293,540
2025
$22,960
$270,580
$293,540
No

Tax History

Year
Tax Paid
Assessed Value
2022
$2,415
$293,540

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$293,540
100%
0%
$0/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: Powderly

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248 Butternut Lane | Property Details | No Agent List