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$265,000

NAL Estimated Property Value

2697 Fm 1157, Ganado, TX, 77962

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths960 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$248.96 / sqft
Year BuiltBuilt in 1987

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 3Bathrooms 3

Exterior

Lot Size20,909 sqft

Building Information

Year Built1987
Garage Spaces2

Land Information

APNR25440
SubdivisionJohn Davis Survey Abs-
Land UseResidential
Legal DescriptionA5016 DAVIS, JOHN, ACRES 0.48
Census Tract950100
Assessed Land Value$14,400
Assessed Improvement Value$230,050
Assessment Year2025

About this property

A perfect combination of class and practicality, this barndominium is only 3 miles from the city of Ganado. Unrestricted and NO CITY TAXES. Large circle drive, off the road with country views. Open concept, extremely inviting, neutral light colors, trending white cabinetry, and recessed lighting throughout. The chefs kitchen has an abundant amount of countertops, along with upper & above cabinet lighting & storage galore. Downstairs master suite has walk in closet & jet tub/shower combo. The two upstairs bedrooms both boast multiple walk in closets. Upstairs bath has double sinks, makeup area, and separate tub/shower. Pre- wired for media. The "shop" is approx. 960 sq. feet with oversize doors, automatic garage bay door balcony & separate stairwell. A/c power outlet and double laundry hookups. Plenty of space for a boat, equipment or an area to hangout! Located only 1/4 mile from Mustang Creek boat ramp, the mature trees, native wildlife & country living make this place a must!

Investor Tools

Property Icon
$265,000
Estimated Property Value
$209,852Estimated Mortgage Balance
$55,148Estimated Equity
22% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,590 /month
Positive
Cash Flow Estimate:
$530 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$307/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,356
$244,450
2025
$14,400
$230,050
$244,450
No

Tax History

Year
Tax Paid
Assessed Value
2025
$2,356
$244,450

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
First Community Bank (Lexington)
Va
$235,250
Yes
First
Oct 30, 2020
Nov 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$209,852
$60,148
22%
79%
$1,411/mo

City: Ganado

2697 Fm 1157 | Property Details | No Agent List