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$1,187,000

NAL Estimated Property Value

326 Cottonwood Spur, Carthage, TX, 75633

Off MarketInfo
Beds5 Beds
Baths5 Bath
Baths6,660 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$180.18 / sqft
Year BuiltBuilt in 2006

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 5Bedrooms 5
Bathrooms Full 4Bathrooms Full 4
Bathrooms Half 1Bathrooms Half 1
AppliancesDishwasher, Double Oven, Microwave, Gas Water Heater, Electric Water Heater

Exterior

Private PoolPrivate Pool
Lot Size3.37 acres

Building Information

Year Built2005
Garage Spaces3

Land Information

APN37018
Lot Number1
SubdivisionA J Mcgowen Survey A
Land UseResidential
Legal DescriptionBLK 44 PT OF LT 1
Census Tract950401
Assessed Land Value$44,040
Assessed Improvement Value$822,770
Assessment Year2025

About this property

Luxury estate on appx 21 acres in the heart of Carthage! Discover unparalleled privacy and sophistication in this extraordinary home perfectly tucked away on beautifully wooded acreage offering complete seclusion. A grand gated entrance sets the tone for this remarkable estate where a long, winding circle drive meanders through towering trees and beautifully wooded acreage before revealing the stunning residence. This property combines elegance, privacy and convenience like no other. The main house boasts appx 5400 square feet and showcases the open concept living, kitchen and breakfast areas complemented by a separate formal dining room for elegant gatherings. All rooms are generously sized offering exceptional functionality. Featured here are 3 or 4 bedrooms, depending on personal usage, four full baths with one half bath, plus a large office with built-ins and an additional den with bonus room currently being used as an exercise room. The gourmet kitchen features double Wolfe ovens and gas cooktop with separate warming drawers. The primary bedroom has cathedral ceiling and opens into the expansive primary bath featuring oversized walk-in shower with dual shower heads and separate jetted tub in addition to two walk-in closets. Other features include the wine cove with decorative iron door and the butler's pantry. In addition, the separate guest/pool house has appx 1260 square feet and has a living room, kitchenette, bedroom and bath. Enjoy the outdoor oasis with multi-level pool with multiple waterfalls, outdoor kitchen, outdoor fireplace and numerous dining or seating choices! The pavilion is large enough to accommodate a competitive basketball game or serve as a large entertaining area. There is also a detached shop with overhead door as well as a pond! Whether you're hosting family, entertaining friends or just relaxing at home, this property offers it all! Your own private retreat just minutes from town!

Investor Tools

Property Icon
$1,187,000
Estimated Property Value
$353,920Estimated Mortgage Balance
$833,080Estimated Equity
70% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$7,200 /month
Positive
Cash Flow Estimate:
$2,400 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,469/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$11,687
$866,810
2025
$44,040
$822,770
$866,810
No

Tax History

Year
Tax Paid
Assessed Value
2025
$11,687
$866,810

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Panola National Bank
Unknown
$400,000
No
First
Jun 30, 2020
Jun 2021

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$353,920
$833,080
70%
30%
$2,399/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: Carthage

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326 Cottonwood Spur | Property Details | No Agent List