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$340,000

2993 County Road 265, Breckenridge, TX, 76424

$442,000 ARVInfo
On MarketInfo
Beds3 Beds
Baths4 Bath
Baths2,624 Sq Ft
price_per_sqft$129.57 / sqft
Year BuiltBuilt in 1966

Property Lead Type:

AuctionAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 4Bathrooms 4
AppliancesDishwasher, Electric Water Heater, Gas Range
FlooringCarpet, Laminate

Exterior

Exterior FeaturesRain Gutters
Lot Size5.66 acres

Building Information

Year Built1966

Land Information

APNR000012371
Lot Number1-5&9
SubdivisionLakeshore
Land UseResidential
Legal DescriptionLOT: 1-5 & 9 BLK: 1 SUBD: LAKESHORE II
Census Tract950500
Assessed Land Value$56,590
Assessed Improvement Value$214,970
Assessment Year2025

About this property

PROPERTY TO BE AUCTIONED OFF ON OCTOBER 31ST AT 12:00PM! Don't miss this opportunity to own a beautiful Lake Hubbard property situated on 5.659 acres with scenic lake views from the front yard. This spacious 2,624 sq. ft. home features 3 bedrooms, 3 full bathrooms, including two primary suites on the main level, plus a huge upstairs bedroom with French doors leading to a private balcony. Inside you'll find hardwood, laminate, and carpet flooring, a formal dining room, and a breakfast area with built in cabinets. The oversized laundry mud room offers plenty of space for additional refrigerators, freezers, and storage. Outside, the property includes a large workshop with electricity and a half bath, a barn, and ample room for equipment, livestock, recreation, or simply enjoying the peaceful country setting. Auction terms: Property will be sold AS IS WHERE IS, seller reserves the right to reject high bid. The successful biddr will execute a purchase contract immediately following the auction and provide a $10,000 earnest money check payable to Big Country Title. There will be no financing, appraisal, inspection, or other contingency periods. Buyer is responsible for verifying all informaton and conducting any desired due dilligence prior to the auction. No survey will be provided. Seller will pay for the owner's title policy. Closing shall occur within three weeks, provided title work has been completed by the title company. Buyer's agent must be present at the auction. Whether you're looking for a primary residence, weekend getaway, or investment opportunity, this Lake Hubbard property offers space, versatility, and beautiful surroundings. Come prepared to bid and make this unique property yours!

Investor Tools

$42,366Estimated Mortgage Balance
$388,634Estimated Equity
90% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
$442,000
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,586 /month
Positive
Cash Flow Estimate:
$862 /month

Interested in this property?

Tina Irias

Real Broker (Big Co. Realty G

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$326/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,758
$271,560
2025
$56,590
$214,970
$271,560
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,758
$271,560

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
First National Bank Albany/Breckenridge
Conventional
$35,825
No
First
Oct 8, 2009
Oct 2012

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$42,366
$388,634
90%
10%
$430/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: Breckenridge

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2993 County Road 265 | Property Details | No Agent List