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$1,595,000

2496 County Road 223, Collinsville, TX, 76233

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths4,106 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$388.46 / sqft
Year BuiltBuilt in 2019

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms 3Bathrooms 3
AppliancesRefrigerator, Built-In Refrigerator, Dishwasher, Disposal, Double Oven, Gas Cooktop, Microwave
FlooringWood

Exterior

Lot Size20.19 acres

Building Information

Year Built2014
Garage Spaces3

Land Information

APN158598 01
SubdivisionGilman H
Land UseImprovements On Qualified Open Space Land -
Legal DescriptionGILMAN H 0412 ACRES 20.19
Census Tract000701
Assessed Land Value$78,059
Assessed Improvement Value$1,047,494
Assessment Year2024

About this property

This breathtaking home on over 20 acres is one of a kind. Sit out and gaze out over the pond & across your land on your huge covered front porch that wraps around the house with built in gazebo. Some of the other great features include an automatic gate entrance, a 30 by 40 insulated shop with 2 bay doors, oversized 3 car garage & cozy screened in back patio. Windows wrap around the large living & dining area. The open kitchen features quarts counters, huge built in freezer fridge, double oven, gas cooktop, tons of cabinet space & large granite island. The master suite has his and hers closets, large soaking tub, custom tile backsplash & smart toilet. Other features include game room, well & tons of storage.

Investor Tools

Property Icon
$1,646,000
Estimated Property Value
$575,000Estimated Mortgage Balance
$1,123,913Estimated Equity
65% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$9,876 /month
Positive
Cash Flow Estimate:
$3,292 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,871/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$14,217
$1,125,553
2024
$78,059
$1,047,494
$1,696,891
No

Tax History

Year
Tax Paid
Assessed Value
2024
$14,217
$1,125,553

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
The American National Bank Of Texas
Building Or Construction Loan
$575,000
No
First
Jul 30, 2021
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$522,087
$1,123,913
68%
32%
$3,448/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.

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: Collinsville

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