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$240,000

NAL Estimated Property Value

2983 Fm 17, Grand Saline, TX, 75140

$312,000 ARVInfo
Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,170 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$226.5 / sqft
Year BuiltBuilt in 2011

Property Lead Type:

Off-Market ListARV FlipAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 2Bathrooms 2
Garage AvailableGarage Available
AppliancesElectric Range, Electric Water Heater

Exterior

Lot Size1.72 acres

Building Information

Year Built2011
Garage Spaces3

Land Information

APN046.0485.0035.0003.0000
Land UseFarm/Ranch, House
Legal DescriptionACRES: 1.718 ABST: 485 SUR: D S LACY
Census Tract950100
Assessed Land Value$29,460
Assessed Improvement Value$149,080
Assessment Year2025

About this property

Charming Farmhouse on 1.718± Acres. Discover this beautifully maintained farmhouse situated on approximately 1.718 unrestricted acres, just north of Grand Saline. A recent survey is on file, offering peace of mind for your investment. Inside, the home features a warm and inviting open-concept floor plan with three bedrooms and two full baths, creating a comfortable space for everyday living. Outdoors, the property is well-equipped with a metal shop, half enclosed with a roll-up door and half open to the back, providing endless possibilities for work or hobbies. Fruit trees such as pecan, pear, figs, plums and peach are scattered throughout. Additional improvements include an RV carport and multiple storage buildings, perfect for tools, equipment, or recreational vehicles. Enjoy the serene country setting with picturesque views from the porch and the peaceful atmosphere of rural living—all while having versatile options for both home and work life. This property is an excellent opportunity for anyone seeking space, flexibility, and tranquility.

Investor Tools

Property Icon
$240,000
Estimated Property Value
$242,609Estimated Mortgage Balance
$0Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
$312,000
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,590 /month
Positive
Cash Flow Estimate:
$530 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$137/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$448
$178,540
2025
$29,460
$149,080
$178,540
No

Tax History

Year
Tax Paid
Assessed Value
2024
$448
$178,540

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Fairway Independent Mortgage Corp
Fha
$245,471
Yes
First
Sep 30, 2025
Oct 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$242,609
N/A
0%
101%
$1,472/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: Grand Saline

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2983 Fm 17 | Property Details | No Agent List