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B+
NoAgentList RatingHow are grades calculated?Info
Days133Days on Market
Views1view
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$699,000

273 Stearman Drive, Louise, TX, 77455

On MarketInfo
Beds2 Beds
Baths3 Bath
Baths2,000 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$349.5 / sqft
Year BuiltBuilt in 2009

Property Lead Type:

High EquityVacant Homes

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 3Bathrooms Full 3
AppliancesENERGY STAR Qualified Appliances, Water Heater, Water Softener, Convection Oven, Induction Cooktop, Refrigerator, Cooktop
FlooringCarpet, Tile

Exterior

Private PoolPrivate Pool
Exterior FeaturesBalcony, Outdoor Kitchen
Lot Size21,083 sqft

Building Information

Year Built2009
Garage Spaces2

Land Information

APN69134
Lot Number4
SubdivisionFlying V
Land UseResidential
Legal DescriptionFLYING V BLOCK 1 LOT 4
Census Tract741100
Assessed Land Value$18,437
Assessed Improvement Value$305,979
Assessment Year2025

About this property

Hello Aviators! Find your own tranquillity at the Flying V Ranch Airport - T26 in Louise, Tx. This 60x60 barndo-style home is located on the 3000 ft long 14/32 grass airstrip. Park your aircraft & vehicles in the 40x60 freshly painted w/ new metal flake epoxy floors. Hangar door 48W x 14T Bi-Fold Schweiss brand new strap latch conversion & a 12x12 roll up door. Whole House generator with 500 gallon propane tank, Exterior camera system with alarm, Sprinkler system, tankless hot water system & water softener. Both bedrooms and the family room are upstairs. Each Bedroom has its own full bath. You'll also own the vacant lot next door, this property is lots 3 & 4 for just under an acre. Extra hobbies? An air conditioned outbuilding is included. Taxi out & directly onto the airstrip. This can be a dream winter property for our northern based aviators or perfect for a . We are located 25 miles from the Texas Coast, halfway between Houston & Corpus Christi. Come visit & see for yourself!

Investor Tools

$0Estimated Mortgage Balance
$742,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,452 /month
Positive
Cash Flow Estimate:
$1,484 /month

Interested in this property?

Rusty Shannon

Patti Shannon Properties

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$694/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,623
$324,416
2025
$18,437
$305,979
$324,416
No

Tax History

Year
Tax Paid
Assessed Value
2025
$4,623
$324,416

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$742,000
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.

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: Louise

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273 Stearman Drive | Property Details | No Agent List