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B+
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$309,656

299 Private Road 2483, Hico, TX, 76457

Off MarketInfo
Beds2 Beds
Baths2 Bath
Baths1,904 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$157.51 / sqft
Year BuiltBuilt in 1999

Property Lead Type:

BankruptcyOff-Market ListAbsentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms 2Bathrooms 2
AppliancesDishwasher, Gas Range
FlooringCarpet, Tile

Exterior

Exterior FeaturesStorage
Lot Size5 acres

Building Information

Year Built1999

Land Information

APNR28991
Lot Number9
Land UseResidential
Legal DescriptionSHADY RIVER (UNRECORDED PLAT) LOT 9
Census Tract950100
Assessed Land Value$120,000
Assessed Improvement Value$189,656
Assessment Year2025

About this property

Discover tranquility on this expansive 5-acre property in the sought-after Shady River Ranch HOA. This 2-bedroom, 2-bathroom home offers comfortable living with room to grow, complemented by an additional building which could be used as a studio-styled guest quarters. The property boasts exceptional utility and storage options with several outbuildings, providing ample space for hobbies, equipment, or workshop needs. A DC well serves the property, with the added convenience of 2 public water wells available through the community. This property presents a unique opportunity for buyers seeking a peaceful country setting with versatile living arrangements. The combination of main residence, guest quarters, and multiple storage buildings creates flexibility for various lifestyles and needs.

Investor Tools

Property Icon
$309,656
Estimated Property Value
$0Estimated Mortgage Balance
$47,614Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,858 /month
Positive
Cash Flow Estimate:
$619 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$443/month
$40/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,768
$309,656
2025
$120,000
$189,656
$309,656
No

Tax History

Year
Tax Paid
Assessed Value
2025
$3,768
$309,656

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
American Neighborhood Mtg Acceptance Co
Conventional
$262,800
No
First
Mar 26, 2026
Apr 2056

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$262,042
$47,614
15%
85%
$1,576/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: Hico

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299 Private Road 2483 | Property Details | No Agent List