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$707,400

NAL Estimated Property Value

2585 Meandering Way, China Spring, TX, 76633

Off MarketInfo
Beds4 Beds
Baths4 Bath
Baths3,018 Sq Ft
price_per_sqft$120.25 / sqft
Year BuiltBuilt in 1974

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
HeatingHeating
CoolingCooling
AppliancesTrash Compactor, Disposal, Double Oven, Ice Maker, Microwave, Refrigerator, Vented Exhaust Fan, Electric Water Heater
FlooringCarpet, Laminate, Tile

Exterior

Exterior FeaturesDog Run, Rain Gutters, Garden
Lot Size3.92 acres

Building Information

Year Built1974
Stories1
Roof Type105
Garage Spaces7

Land Information

APN180001070002010
Lot Number2
SubdivisionBaker
Land UseResidential
Legal DescriptionBAKER LOT 2 BLOCK 1 ACRES 3.922
Census Tract004102
Assessed Land Value$55,770
Assessed Improvement Value$651,630
Assessment Year2025

About this property

Hard to find 9+ beautiful acres, 3000+ sqft home with massive, three car garage, huge shop and mother-in-law suite! (ALSO OPTION TO PURCHASE HOUSE AND 3.92 ACRES AND HOUSE/SHOP FOR $300,000 - INQUIRE PLEASE) Enjoy the view of your mini-pecan orchard, wild grapes and rolling fields that line the long drive back to your home. The main part of the home boasts 4 bedrooms and 3 bathrooms; an open living and dining room with a huge fireplace to gather around; and a kitchen equipped with pecan cabinets, double ovens and an absolutely to-die-for pantry. Home has all newer double pained windows and has been freshly painted. $2000 carpet allowance at closing! The home features a second "mother-in-law suite" with its own bath, living, bed, and almost finished kitchen! There is an attached, over-sized three car garage with extra storage and new tool crib and a very large shop behind the house. There's not much this property does not have. All nestled on a country road in China Spring ISD. Seller has made even more improvements since listing. Folks this is the one.

Investor Tools

Property Icon
$707,400
Estimated Property Value
$406,411Estimated Mortgage Balance
$300,989Estimated Equity
42% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,244 /month
Positive
Cash Flow Estimate:
$1,415 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$918/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,474
$707,400
2025
$55,770
$651,630
$707,400
No

Tax History

Year
Tax Paid
Assessed Value
2024
$7,474
$707,400

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Low Va Rates Llc
Va
$438,250
Yes
First
Aug 25, 2022
Sep 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$406,411
$300,989
42%
57%
$2,030/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,450/mo
$2,030/mo
$-580/mo
2.5%

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: China Spring

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2585 Meandering Way | Property Details | No Agent List