Real opportunities. Driven by live market signals.
Updated every minute.

Browse Homes — Buy Direct, Deal on Your Terms

Updated Properties Icon
Updated Properties
Last 24 HoursLast 24 Hours
Gallery image 2
Gallery image 3
Gallery image 4
Gallery image 5

$188,000

NAL Estimated Property Value

2989 County Road 2040, Powell, TX, 75153

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,216 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$176.81 / sqft
Year BuiltBuilt in 2020

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 2Bathrooms 2
AppliancesDishwasher, Electric Oven, Electric Range, Electric Water Heater, Refrigerator, Vented Exhaust Fan
FlooringLaminate

Exterior

Lot Size2.16 acres

Building Information

Year Built2020
Stories1

Land Information

APN48504
SubdivisionW Gilbert Abst
Land UseResidential
Legal DescriptionABS A10326 W GILBERT ABST TRACT 12B 2.164 ACRES SN1 CLW049597TX
Census Tract970100
Assessed Land Value$93,870
Assessed Improvement Value$67,330
Assessment Year2025

About this property

2020 Clayton Home Anniversary Farmhouse Edition on 2.2 fully fenced acres in Corsicana ISD! This 3 bedroom, 2 bath split floor plan offers the privacy and space most buyers are looking for. The living room features decorative ceiling beams, and a built-in entertainment wall. The kitchen is well equipped with a stainless farmhouse sink, plenty of cabinet storage, recessed lighting, and black Frigidaire appliances including a dishwasher, range and microwave. The eat-in kitchen features a sliding glass door with access to the newly added back porch. The primary bedroom is spacious and connects to a private ensuite featuring a soaking tub, dual vanity sinks, separate shower, and built-in shelving. Secondary bedrooms are comfortable in size with good natural light.Step outside to the covered 10x20 back porch addition, a great spot to relax and take in the open pasture views. The lofted storage shed with electricity and a window AC unit adds real versatility, whether you need extra storage, a hobby space, or a personal retreat. A dedicated dog kennel area rounds out the back of the property. Additional highlights include a roof approximately one year old with hurricane rated shingles, a current survey on file, and the property has been retrofit. Plenty of room to breathe with trees, open pasture, and the peace and quiet of country living just minutes from Corsicana.

Investor Tools

Property Icon
$188,000
Estimated Property Value
$131,761Estimated Mortgage Balance
$56,239Estimated Equity
29% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,290 /month
Positive
Cash Flow Estimate:
$430 /month

Interested in this property?

Run an Owner Lookup!

Unlock Owner Contacts

Want alerts when something changes with this property?

Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$158/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$953
$142,780
2025
$93,870
$67,330
$161,200
No

Tax History

Year
Tax Paid
Assessed Value
2024
$953
$142,780

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Guild Mortgage Co
Unknown
$144,287
No
First
Nov 2, 2021
Dec 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$131,761
$56,239
29%
70%
$866/mo

Learn About the Market: Opportunity in Texas

Local Market Pages
Local Market Pages 2Local Market Pages 3Local Market Pages 4

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: Powell

No Agent List Top Properties.

These are Deal List properties graded A+, A.

Loading properties...

Sold Properties

Loading properties...

2989 County Road 2040 | Property Details | No Agent List