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$799,998

3230 S Fm 1291, Fayetteville, TX, 78940

On MarketInfo
Beds3 Beds
Baths3 Bath
Baths2,072 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$386.1 / sqft
Year BuiltBuilt in 1993

Property Lead Type:

Must-SellAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 3Bathrooms 3
AppliancesDisposal, Dryer Included, Refrigerator Included, Washer Included, Microwave, Dishwasher
FlooringLaminate

Exterior

Private PoolPrivate Pool
Lot Size12.95 acres

Building Information

Year Built1993
Garage Spaces10

Land Information

APN23791
Land UseResidential
Legal DescriptionABS A314 VEASEY J,12.95 ACRES,HSE, C/PORT, STORAGE, BARN, POOL, PAVILLION, FARM BLDGS
Census Tract970700
Assessment Year2025

About this property

This version adds the home upgrades, shop dimensions, stocked pond, fiber internet and newer well—**1,679 characters, including spaces**. Enjoy country living on this versatile, unrestricted 12.95-acre gentleman's ranch in the beautiful Fayetteville countryside near the Colorado County line. The remodeled ranch-style home offers an open floor plan, spacious living areas, fireplace and abundant storage. Updates include luxury vinyl plank flooring throughout (no carpet), quartz countertops, a large pantry, 5-burner cooktop and updated lighting. AC replaced in 2022, water heater in 2023 and fiber internet added in 2024. A screened porch and sparkling pool with cabana and pool bath create inviting spaces to relax and entertain. Car enthusiasts will appreciate the shop built in 2021, approximately 50x75 overall with a 50x50 air-conditioned, insulated building featuring a vehicle lift, office, storage room, bar area, LED lighting and dedicated electric service. A separate 30x40 metal barn with electricity provides additional equipment and hobby space. Beyond the solar-powered entry gate, enjoy mature trees, an approximately 1-acre stocked pond, 3 fenced pastures, a 3-stall horse barn and room for livestock. The chicken house includes feed storage, nesting boxes, an automatic door and self-watering container; raised garden containers add homestead appeal. A water well was drilled in 2023, and the pool motor was replaced in 2024. A second set of utilities offers potential for a future guest house, MIL suite, caretaker's residence or family compound. With space for cars, horses, hobbies and gardening, this property offers exceptional versatility. Convenient to Fayetteville, Columbus, Round Top and La Grange, with access to Houston and Austin. See the virtual tour for more photos and information.

Investor Tools

$286,027Estimated Mortgage Balance
$533,864Estimated Equity
59% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,902 /month
Positive
Cash Flow Estimate:
$1,634 /month

Interested in this property?

Deborah Dahlberg-Rowland

Stanberry & Associates

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$594/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,039
$703,334
2025
N/A
N/A
$723,200
No

Tax History

Year
Tax Paid
Assessed Value
2025
$3,039
$703,334

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Citizens Bank Na
Conventional
$320,000
No
First
Nov 6, 2020
Dec 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$286,027
$417,307
59%
35%
$1,919/mo

City: Fayetteville

3230 S Fm 1291 | Property Details | No Agent List