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$800,000

2521 Fm 2280, Keene, TX, 76031

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths3,296 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$242.72 / sqft
Year BuiltBuilt in 2013

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2.5Bathrooms Full 2.5
AppliancesDishwasher, Disposal, Dryer, Electric Cooktop, Electric Oven, Electric Water Heater, Microwave, Convection Oven, Double Oven, Washer
FlooringCarpet, Ceramic Tile, Laminate, Tile, Wood

Exterior

Lot Size12.56 acres

Building Information

Year Built2013
Garage Spaces2

Land Information

APN126.0488.00012
Land UseResidential
Legal DescriptionABST 488 TR 1C1,1D J KENAH
Census Tract130304
Assessed Land Value$70,290
Assessed Improvement Value$279,760
Assessment Year2025

About this property

Enjoy country living in this Southern Charmer with easy commute on the edge of town! This 3,296 square foot home sits on just over 12.5 acres and is fully fenced with tons of privacy. Huge covered front and back porches for soaking in the peaceful views. Beautiful Oak trees are scattered across the property along with a stock tank. Downstairs you will find a large formal living area with wood burning fireplace and lots of windows for natural light. Enjoy working from home in the private executive study. A family room with a second wood burning fireplace, kitchen, and huge formal dining room make up the rest of the downstairs. 4 spacious bedrooms upstairs including the master suite with great views. Two car garage is connected to the house via a breezeway, plus a utility storage garage. Plenty of room for horses, a couple cows, or a hobby shop! Private water well and septic system keep utility bills low. New roof being installed in April! Land close to town doesn't come up often!

Investor Tools

Property Icon
$740,000
Estimated Property Value
$501,600Estimated Mortgage Balance
$240,575Estimated Equity
32% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,800 /month
Positive
Cash Flow Estimate:
$1,600 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$796/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,851
$350,050
2025
$70,290
$279,760
$350,050
No

Tax History

Year
Tax Paid
Assessed Value
2025
$5,851
$350,050

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
United Wholesale Mortgage
Conventional
$501,600
No
First
Feb 12, 2026
Mar 2056

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$499,425
$240,575
32%
67%
$3,008/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,927/mo
$3,008/mo
$-1,081/mo
3.1%

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: Keene

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