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$356,000

261 Rabbit Hl, Lorena, TX, 76655

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,569 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$229.45 / sqft
Year BuiltBuilt in 1986

Property Lead Type:

High EquityMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
HeatingHeating
CoolingCooling
AppliancesElectric Oven, Microwave, Electric Range, Dishwasher, Oven
FlooringConcrete

Exterior

Lot Size3.99 acres

Building Information

Year Built1986
Stories1
Roof Type105
Garage Spaces3

Land Information

APN300763000039141
SubdivisionRhodes C
Land UseResidential
Legal DescriptionRHODES C ACRES 3.989
Census Tract003801
Assessed Land Value$67,310
Assessed Improvement Value$243,360
Assessment Year2025

About this property

Escape to peace and quiet without sacrificing convenience! This beautifully updated 3-bedroom, 2-bath home sits on nearly 4 acres of usable land, offering the perfect blend of country living and close-to-town access — just 10 minutes from shopping, dining, and the mall. Inside, you’ll find 1,569 sq ft of thoughtfully updated living space. Major improvements already completed include foundation work and plumbing repairs, giving you added confidence and peace of mind. Outside is where the possibilities truly open up. Horses are allowed, and the partially fenced acreage provides room to expand, garden, add additional structures, or simply enjoy wide open space. A large workshop/garage is perfect for projects, storage, equipment, or even a home-based business. There’s also an additional storage shed for added functionality. Whether you’re looking for a homestead, hobby farm, investment opportunity, or simply room to breathe — this property offers endless possibilities. (More pics soon!)

Investor Tools

Property Icon
$356,000
Estimated Property Value
$0Estimated Mortgage Balance
$356,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,160 /month
Positive
Cash Flow Estimate:
$720 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$375/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,723
$310,670
2025
$67,310
$243,360
$310,670
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,723
$310,670

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$356,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,540/mo
N/A
+$1,540/mo
5.2%

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: Lorena

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261 Rabbit Hl | Property Details | No Agent List