11Days on Market

1view

$429,000

283 N 2nd Street, Harper, TX, 78631

On Market

Just Added

3 Beds

2 Bath

1,696 Sq Ft

$252.95 / sqft

Built in 1938

Property Lead Type:

Must-SellHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 3

Bathrooms 2

Indoor Fireplace

Heating Central

Cooling

AppliancesDisposal, Electric Oven, Oven, Microwave, Electric Range, Free-Standing Range, Dishwasher

FlooringTile, Wood

Exterior

Private Pool

Lot Size3.79 acres

Building Information

Year Built1938

Roof Type112

Land Information

APN38526

Lot Number5,22

SubdivisionThiele Butler

Land UseResidential

Legal DescriptionTHIELE BUTLER BLK B LOT 5-22, 3.795, -HOMESITE- -HOMESITE-

Census Tract950200

Assessed Land Value$119,180

Assessed Improvement Value$215,560

Assessment Year2025

About this property

Beautifully remodeled Farmhouse with recent paint and an abundance of upgrades. Situated on 3.795 +/- acres in the cozy little town of Harper. Since 2021 a new metal roof on all buildings, windows, paint, plumbing entire house primary bath remodel, swim spa and more. Fenced for livestock workshops and more. This precious 2 bedroom 2 bath home with a study that could function as a 3rd bedroom. Original refurbished brick fireplace in an open living area. Farmhouse style kitchen has open shelving, granite countertops, recently updated cabinets and appliances. Laundry house provides storage and additional space while the 1930's rock garage transformed into the perfect hangout! Thinking about a place for extra living quarters? Here it is! Electricity and a/c installed, plumbing readily available. Could be converted back to a garage. Calling Harper home, investment, vacation rental or development this property is it! Perfect setup and location for air BNB EASY ACCESS TO 290

Investor Tools

$286,413Estimated Mortgage Balance

$173,587Estimated Equity

37% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$2,760 /month

Positive

Cash Flow Estimate:

$920 /month

Interested in this property?

Toni Hite

LPT Realty, LLC

Contact

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$402/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$2,527

$334,740

2025

$119,180

$215,560

$334,740

Tax History

Year

Tax Paid

Assessed Value

2024

$2,527

$334,740

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Everett Financial Inc

Fha

$321,077

Yes

First

Nov 23, 2020

Dec 2050

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$286,413

$173,587

37%

62%

$1,926/mo

Learn About the Market: Opportunity in Texas

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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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