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$795,000

2517 St Highway 31, Hubbard, TX, 76648

On MarketInfo
Just AddedInfo
Baths0 Bath
Baths1,792 Sq Ft

Highlights

Interior

Bathrooms 0Bathrooms 0

Exterior

Exterior FeaturesDock
Lot Size76.67 acres

Land Information

APN116655
SubdivisionA Graves A-
Land UseAgriculture / Farming
Legal DescriptionA GRAVES A-344 TR 3 & 3A - 3C 76.671 AC
Census Tract961400
Assessed Land Value$575,030
Assessed Improvement Value$140,090
Assessment Year2025

About this property

82.019 acres offering endless possibilities with two homes, a party barn with living quarters, multiple ponds, and productive coastal meadow. Perfect for a family compound, hunting retreat, or fishing getaway, this unique property features a total of 9 bedrooms, 6.5 bathrooms, and approximately 6,000 sq ft of air-conditioned living space across 3 buildings. Centrally located between DFW, Austin, and Houston with a short drive to Waco, this property combines peaceful small-town charm with convenient access to major cities. Main home is a 3 bedroom, 2 bathroom double wide featuring a 2-car garage, stone skirting, and fenced backyard. Second home is a 4 bedroom, 2.5 bathroom double wide with a large front deck and greenhouse. The spacious party barn includes a large recreation room, kitchen, dining area, 2 bedrooms, 2 bathrooms, and covered parking along one side, creating the ideal setup for entertaining, guests, multi-generational living, or income potential. Land features 3 ponds, 2 with docks and aerators. The large pond includes a man-made dam and is stocked with catfish. The front pond has a natural dam with a small spring helping maintain water levels and is stocked seasonally with bass, perch, and trout. Additional pond located beyond the meadow may hold water seasonally depending on rainfall. Excellent deer activity throughout the property makes this an ideal hunting and recreational tract. During wet months, the back portion of the acreage backs up to Hubbard City Lake with water extending onto the property. Coastal meadow has consistently produced hay for years. Property includes 1 water meter and offers a rare blend of recreation, agriculture, wildlife, and multi-home functionality.

Investor Tools

$0Estimated Mortgage Balance
$715,120Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,770 /month
Positive
Cash Flow Estimate:
$1,590 /month

Interested in this property?

Audri Henderson

Muirhead Ranch & Realty

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$363/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$778
$715,120
2025
$575,030
$140,090
$715,120
No

Tax History

Year
Tax Paid
Assessed Value
2025
$778
$715,120

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$715,120
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: Hubbard

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