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$423,000

3262 Fm 279, Ben Wheeler, TX, 75754

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,403 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$338.56 / sqft
Year BuiltBuilt in 1989

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
AppliancesDishwasher, Electric Range, Vented Exhaust Fan
FlooringCarpet, Vinyl

Exterior

Exterior FeaturesStorage
Lot Size1 acre

Building Information

Year Built1989
Stories1
Garage Spaces1

Land Information

APN066.0213.0040.0000.0002
Land UseResidential
Legal DescriptionACRES: 1.000 ABST: 213 SUR: DOOLEY
Census Tract950901
Assessed Land Value$17,200
Assessed Improvement Value$145,700
Assessment Year2025

About this property

Country Pure & Simple! Get back to basics and enjoy this unique 3BR, 2 BA traditional brick home sitting on 18.44 acres. Land is fenced and crossed fenced which allows for horses, cattle, etc. There are no restrictions on this land. There are two ponds on the property with coastal grasses for livestock. Seller is conveying 50% of the mineral rights owned. Close to the town of Ben Wheeler where many festivities and social projects take place throughout the year. Ben Wheeler lies twelve miles southeast of Canton (close to First Monday Trades Day weekends), has an estimated population of 400 and resembles its look back to 1935. Bring your heart of hearts back to the country and expand or renovate into the cutest little home on the hill that you've always dreamed of. What a great place to raise the kiddos!

Investor Tools

Property Icon
$423,000
Estimated Property Value
$417,302Estimated Mortgage Balance
$20,695Estimated Equity
1% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,850 /month
Positive
Cash Flow Estimate:
$950 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$361/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,215
$162,900
2025
$17,200
$145,700
$162,900
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,215
$162,900

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Rb Mortgage Llc
Fha
$417,302
Yes
First
May 30, 2024
Jun 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$402,305
$20,695
4%
95%
$2,502/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: Ben Wheeler

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3262 Fm 279 | Property Details | No Agent List