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$602,810

NAL Estimated Property Value

2877 N Fm 200, Rainbow, TX, 76077

$710,544 ARVInfo
Off MarketInfo
Beds6 Beds
Baths4 Bath
Baths4,820 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$114.09 / sqft
Year BuiltBuilt in 1994

Property Lead Type:

BankruptcyPre-ForeclosureOff-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 6Bedrooms 6
Bathrooms 4Bathrooms 4
AppliancesDishwasher, Electric Cooktop, Electric Oven
FlooringCarpet, Ceramic Tile, Laminate

Exterior

Private PoolPrivate Pool
Lot Size3.58 acres

Building Information

Year Built1994

Land Information

APNR000002814
Land UseResidential
Legal DescriptionACRES: 3.581 TRACT: 43 ABST: A135 A135 MILAM CO SCH LD TRACT 43 ACRES 3.581
Census Tract000101
Assessed Land Value$93,110
Assessed Improvement Value$509,700
Assessment Year2025

About this property

With a little work would make this a wonderful place to live. Several pecan trees good pasture, Large porch to enjoy you watching the sunset. Sold As-Is. This property is eligible under the First Look Initiative which expires after 20 full days on market. No investor offers until first look period expires. No offers regardless of buyer type will be negotiated within first 7 days of list. All offers must be through propoffers.com. Offer management fee of $175 is charged by Pyramid Platform for the use of Propoffers.com. The fee will be paid at closing from agent representing the buyer as selling agent or transaction broker. Subject to seller addendum. Financed offers EMD to be 1% or $1000 whichever is greater and for cash offers EMD to be 5% or $5000 whichever is greater. All offers are subject to OFAC clearance.

Investor Tools

Property Icon
$602,810
Estimated Property Value
$465,102Estimated Mortgage Balance
$137,708Estimated Equity
22% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$710,544
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,617 /month
Positive
Cash Flow Estimate:
$1,206 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$713/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,544
$602,810
2025
$93,110
$509,700
$602,810
No

Tax History

Year
Tax Paid
Assessed Value
2025
$5,544
$602,810

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
First Financial Bank Na
Conventional
$490,500
No
First
Jul 26, 2023
Aug 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$465,102
$137,708
22%
77%
$2,941/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: Rainbow

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2877 N Fm 200 | Property Details | No Agent List