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$430,000

NAL Estimated Property Value

274 Lcr 820, Groesbeck, TX, 76642

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths2,016 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$188 / sqft
Year BuiltBuilt in 2006

Property Lead Type:

Absentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 3Bathrooms 3
AppliancesDisposal, Convection Oven, Electric Oven, Microwave, Electric Cooktop, Dishwasher
FlooringLaminate

Exterior

Lot Size10 acres

Building Information

Year Built2006
Garage Spaces2

Land Information

APNR13419
Land UseResidential
Legal DescriptionA004E J L CHAVERT-EAST, SERIAL MP1511641A, LABEL # PFS0803132, ACRES 10, MAKE PALM HARBOR, MODEL VALUE MASTER
Census Tract970700
Assessed Land Value$115,000
Assessed Improvement Value$108,630
Assessment Year2024

About this property

This beautiful 10 acre property sits on a very private corner of a paved county road with no other houses in sight. It features a well maintained pasture with a pond that is stocked with catfish. This double wide Palm Harbor manufactured home has has two master baths one with a shower and the other with a garden tub and a walk through closet between the baths and was completely remodeled in 2020. Beautiful mature trees surround the home and the outer perimeter of the property. It has a new barn complete with a tack room. Beautiful Lake Limestone is just 3 miles down the road with campgrounds and boat ramps nearby on both sides of the lake. Bring your horses and your boat and enjoy the outdoors at its finest. The property is close to numerous amenities. If you are looking for peace and quiet, then this is your place!! Schedule your showing today!!

Investor Tools

Property Icon
$430,000
Estimated Property Value
$239,474Estimated Mortgage Balance
$190,526Estimated Equity
56% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,580 /month
Positive
Cash Flow Estimate:
$860 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$388/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,503
$223,630
2024
$115,000
$108,630
$223,630
No

Tax History

Year
Tax Paid
Assessed Value
2022
$2,503
$223,630

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Cardinal Financial Company Lp
Conventional
$248,000
No
First
Jun 7, 2024
Jul 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$239,474
$312,526
56%
56%
$1,487/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: Groesbeck

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274 Lcr 820 | Property Details | No Agent List