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$191,000

NAL Estimated Property Value

2517 State Highway 31, Hubbard, TX, 76648

$248,300 ARVInfo
Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,792 Sq Ft
price_per_sqft$443.64 / sqft
Year BuiltBuilt in 2004

Property Lead Type:

Absentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 2Bathrooms 2
AppliancesDishwasher, Electric Cooktop, Electric Oven, Electric Range, Gas Water Heater, Microwave, Refrigerator
FlooringCarpet, Linoleum

Exterior

Exterior FeaturesDock
Lot Size1 acre

Building Information

Year Built2004
Garage Spaces2

Land Information

APN390328
SubdivisionA Graves A-
Land UseResidential
Legal DescriptionA GRAVES A-344 TR 3D 1.00 AC
Census Tract961400
Assessed Land Value$28,000
Assessed Improvement Value$79,670
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

Property Icon
$191,000
Estimated Property Value
$0Estimated Mortgage Balance
$191,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
$248,300
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,770 /month
Positive
Cash Flow Estimate:
$1,590 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$107/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$334
$107,670
2025
$28,000
$79,670
$107,670
No

Tax History

Year
Tax Paid
Assessed Value
2025
$334
$107,670

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$191,000
100%
0%
$0/mo

City: Hubbard

2517 State Highway 31 | Property Details | No Agent List