Last 24 Hours
$289,999
271 Ivanhoe Ranchettes Drive, TX, 75979
On Market
2 Beds
2 Bath
1,432 Sq Ft
Single Family Residence
$202.51 / sqft
Built in 1980Property Lead Type:
Absentee OwnerHigh Equity
Highlights
Interior
Bedrooms 2
Bathrooms Full 2AppliancesElectric Oven, Electric Range, Dishwasher
FlooringCarpet, Tile
Exterior
Exterior FeaturesStorage, Dock
Lot Size11.65 acres
Land Information
APNR008134
Lot Number33,34
Land UseResidential
Legal DescriptionS4260 IVANHOE RANCHETTES (A568), LOT 33 34
Census Tract950202
Assessed Land Value$101,531
Assessed Improvement Value$107,604
Assessment Year2025
About this property
This is a great opportunity to move to the country! This home is on over 11 acres and has a guest studio with an inclined ramp. There is also a 16 x 20 workshop and a storage shed. The home has a sunroom, and detached carport. There are also two additional carports for extra parking. There really isn't enough that can be said about the opportunity for this lovely property. The community offers 3 lakes and tons of amenities. Don't miss out on your opportunity to make your own paradise on this charming county property.
Investor Tools
$114,310Estimated Mortgage Balance
$192,690Estimated Equity
62% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,842 /month
Positive
Cash Flow Estimate:
$614 /month
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ContactFinancing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$128/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
N/A
$209,135
2025
$101,531
$107,604
$209,135
No
Tax History
Year
Tax Paid
Assessed Value
2024
N/A
$209,135
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Semper Home Loans Inc
Conventional
$130,000
No
First
Mar 25, 2020
Apr 2040
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$114,310
$192,690
62%
37%
$780/mo
12.4%