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$748,000

318 HCR 4247, Hillsboro, TX, 76645

On MarketInfo
Beds4 Beds
Baths3 Bath
Baths3,324 Sq Ft
FarmFarm
price_per_sqft$225.03 / sqft
Year BuiltBuilt in 2005

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
AppliancesDouble Oven, Dryer, Dishwasher, Microwave, Refrigerator, Range Hood, Tankless Water Heater, Washer
FlooringLaminate

Exterior

Lot Size11.77 acres

Building Information

Year Built2005

Land Information

APN118328
SubdivisionM Hurley A-
Land UseResidential
Legal DescriptionM HURLEY A-388 TR 2, 2A & 2C 11.77 AC
Census Tract961100
Assessed Land Value$188,320
Assessed Improvement Value$464,920
Assessment Year2025

About this property

Seller to pay buyer closing cost with acceptable offer! Welcome to your private slice of Texas paradise. Ideally located just minutes from I-35, this custom-built two-story home from 2005 is nestled on 11.77 unrestricted acres, offering the perfect blend of peace, privacy, and potential. Designed with steel beam construction, this home was built to last and provides plenty of space for a growing family or someone looking to enjoy the quiet of country living. Inside, you’ll find four spacious bedrooms, two and a half bathrooms, two comfortable living areas, and an upstairs flex room that can easily serve as a game room, craft studio, or additional lounge space. The layout is both functional and inviting, ready to accommodate everything from cozy nights in to lively family gatherings. Step outside and the possibilities truly open up. Three outer buildings are located on the property, one of which has been fully insulated, heated, and cooled, and was previously used as a meat processing and smoking facility with its own well—ideal for someone looking to start a business from home or convert the space to suit their needs. Additional features include three AC units, three water heaters, a 1,500-gallon water storage tank, and even a chicken coop that’s just waiting for a little TLC. Whether you're raising a family, starting a homestead, or simply seeking a retreat from the hustle and bustle, this property offers the perfect backdrop for your next chapter. With its ideal location, solid construction, and so much potential, this is more than just a home—it’s a rare opportunity to create the lifestyle you’ve always dreamed of.

Investor Tools

$274,428Estimated Mortgage Balance
$417,572Estimated Equity
60% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,488 /month
Positive
Cash Flow Estimate:
$1,496 /month

Interested in this property?

Vicky Tarver

Armstrong Real Estate

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$524/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,827
$653,240
2025
$188,320
$464,920
$653,240
No

Tax History

Year
Tax Paid
Assessed Value
2025
$2,827
$653,240

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Gateway First Bank
Conventional
$310,800
No
First
May 11, 2020
Jun 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$274,428
$417,572
60%
40%
$1,864/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: Hillsboro

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318 HCR 4247 | Property Details | No Agent List