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$850,000

266 Bear Branch Rd, Purmela, TX, 76566

PendingInfo
Beds2 Beds
Baths2 Bath
Baths1,632 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$520.83 / sqft
Year BuiltBuilt in 2012

Property Lead Type:

Absentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
HeatingHeating
CoolingCooling
AppliancesDishwasher, Gas Cooktop, Oven, Water Heater, Cooktop, Microwave
FlooringWood

Exterior

Lot Size45.14 acres

Building Information

Year Built2012
Stories3
Garage Spaces2

Land Information

APN0-75-19-0000
SubdivisionD B Lovejoy
Land UseResidential
Legal Description1773 D B LOVEJOY, ACRES 45.139
Census Tract010102
Assessed Land Value$10,950
Assessed Improvement Value$291,390
Assessment Year2025

About this property

Escape to 45 acres of pure tranquility in the heart of Coryell County. Just minutes from Gatesville and Lampasas, this secluded ranchette blends rustic charm with luxury living. Step inside the custom 2/2 home (1,632 sq. ft.) where soaring vaulted ceilings, hardwood floors, and a chef’s kitchen with marble countertops set the stage for relaxed elegance. Custom stained glass is a true must see. Unwind in the primary suite with a clawfoot tub, then enjoy year-round comfort on the screened porch with a cozy fireplace and mini split. Outdoors, the property transforms into a true oasis. Lounge beside the sparkling pool with cascading waterfalls, entertain from your outdoor kitchen and pizza oven surrounded by fruit-bearing peach, fig, and pear trees. From the hilltop vista, watch the sky paint unforgettable sunrises and sunsets. Guests are welcomed with a private casita, additional retreat space, and RV hookups, all surrounded by rolling terrain, shady trees, and a seasonal creek. With every detail thoughtfully designed, this ranchette offers the rare combination of serenity, sophistication, and timeless Texas beauty.

Investor Tools

$0Estimated Mortgage Balance
$734,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$5,100 /month
Positive
Cash Flow Estimate:
$1,700 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$533/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,721
$302,340
2025
$10,950
$291,390
$612,220
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,721
$302,340

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$734,000
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: Purmela

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