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$265,000

248 County Road 870, Evadale, TX, 77615

PendingInfo
Beds3 Beds
Baths2 Bath
Baths1,777 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$149.13 / sqft
Year BuiltBuilt in 2000

Property Lead Type:

BankruptcyPre-ForeclosureOff-Market ListAbsentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Half 2Bathrooms Half 2
AppliancesElectric Oven, Microwave, Electric Range, Dishwasher
FlooringCarpet, Tile

Exterior

Lot Size1.76 acres

Building Information

Year Built2000

Land Information

APN000424000501
SubdivisionA Richardson Abstract
Land UseResidential
Legal DescriptionAB 424 A RICHARDSON 1163/777 1.757 ACRES
Assessed Land Value$38,457
Assessment Year2025

About this property

3-bedroom home sitting on 1.44 acres tucked away with mature trees and a pasture behind it. Fresh interior paint, new carpet and move-in ready! The living room boasts a wood burning fireplace with a cathedral wood ceiling. The kitchen features granite counters, wall oven with microwave, breakfast bar plus a dining room nook. The primary bedroom has two closets with a full en-suite bathroom. This bathroom is large and has double sinks, walk-in tiled shower plus a jetted tub. Outside you'll love having a metal building with open front for all your storage needs or parking. Call today for your private showing!

Investor Tools

$79,747Estimated Mortgage Balance
$65,253Estimated Equity
45% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,590 /month
Positive
Cash Flow Estimate:
$530 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$118/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$686
$38,457
2025
$38,457
N/A
$38,457
No

Tax History

Year
Tax Paid
Assessed Value
2025
$686
$38,457

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Fivepoint Cu
Unknown
$86,200
No
First
Jun 22, 2022
Jul 2029

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$79,747
$65,253
45%
55%
$517/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: Evadale

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248 County Road 870 | Property Details | No Agent List