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$717,000

NAL Estimated Property Value

283 County Road 318, Rockdale, TX, 76567

Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths1,900 Sq Ft
price_per_sqft$389.21 / sqft
Year BuiltBuilt in 2020

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms 2Bathrooms 2
AppliancesMicrowave, Oven
FlooringConcrete

Exterior

Exterior FeaturesNone
Lot Size19 acres

Building Information

Year Built2019

Land Information

APNR20521659
Land UseResidential
Legal DescriptionA2880 PREWITT, JAMES A.,19.0 ACRES
Census Tract950300
Assessed Land Value$319,200
Assessed Improvement Value$238,960
Assessment Year2025

About this property

Here's your private piece of Texas! This 19 are tract is ready to go from day one. A 2020-built barndominium sits atop a hill overlooking your own pond. At 1,900 square feet and 4 bedrooms and 2 full baths, it's got plenty of room to enjoy. From concrete floors, roll up glass door, wood stove and open floor plan it's just what you need to kick back and enjoy the country. The master suite features a giant walk-in closet and spacious bath. This is a split floor plan with two bedrooms on opposite sides of the home. The home has spray foam insulation, leading to better efficiency as well! Outside the home, you'll find several large oaks in the front yard, ready to cool you off on a hot summer day. A large side and rear porch give you space to enjoy as well, with a fenced in back yard for your pets. A covered parking area has been recently added to keep your vehicles protected. The property is bordered by CR 318 and FM 908, both of which are paved! This property is just minutes south of Rockdale, approximately 1 hour from the Austin and B/CS areas, 30 minutes from Taylor, and 2.5 hours from D/FW, San Antonio and Houston. On the north end of the property you've got plenty of woods and a seasonal wet-weather creek with tons of character to enjoy. You'll find post oaks, elms, cedars and mesquites here, providing cover for hogs, deer and more. This property has good hunting as well, with several quality bucks being harvested. A pond is in place and stocked with bass, catfish and sunfish. No better way to end the day! Full utilities are all done for you- power, aerobic septic, southwest Milam water meter. This property is ag exempt and leased currently. There are many acres of well-kept pasture that can be cut for hay, or bring your cattle, horses with a fully fenced tract. There are property restrictions in place to keep trash, junk, mobile homes etc out of the area and protect your investment. No HOA and hunting/shooting is allowed. Owner/Agent.

Investor Tools

Property Icon
$717,000
Estimated Property Value
$522,695Estimated Mortgage Balance
$194,305Estimated Equity
22% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,437 /month
Positive
Cash Flow Estimate:
$1,479 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$478/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,149
$558,160
2025
$319,200
$238,960
$558,160
No

Tax History

Year
Tax Paid
Assessed Value
2025
$2,149
$558,160

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Alcova Mortgage Llc
Conventional
$556,000
No
First
Feb 27, 2023
Mar 2043

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$522,695
$151,305
22%
73%
$3,334/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: Rockdale

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283 County Road 318 | Property Details | No Agent List