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$951,252

NAL Estimated Property Value

337 Kincannon Lane, Rhome, TX, 76078

Off MarketInfo
Beds5 Beds
Baths4 Bath
Baths3,404 Sq Ft
FarmFarm
price_per_sqft$212.98 / sqft
Year BuiltBuilt in 2002

Highlights

Interior

Bedrooms 5Bedrooms 5
Bathrooms Full 4Bathrooms Full 4
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Electric Range, Plumbed For Ice Maker, Refrigerator, Vented Exhaust Fan, Electric Water Heater
FlooringCarpet, Ceramic Tile, Other

Exterior

Exterior FeaturesRain Gutters, Private Yard
Lot Size5 acres

Building Information

Year Built2002
Roof Type158
Garage Spaces4

Land Information

APNR0891.0201.00
Lot Number1
SubdivisionHighland Meadows
Land UseResidential
Legal DescriptionLOT 1 BLK 2 HIGHLAND MEADOWS
Census Tract150607
Assessed Land Value$227,481
Assessed Improvement Value$723,771
Assessment Year2025

About this property

Imagine watching the beautiful Texas sunsets, riding horses, and catching bass in your private pond all from a 30 minute from the DFW Metroplex. This country oasis is nestled between Justin and Rhome, the 5-acre paradise has gorgeous views in the quiet neighborhood of Highland Meadows. The 3400 square foot home boasts 5 bedrooms including a complete upstairs apartment with a downstairs open concept living & kitchen space with granite island. The master suite overlooks the pond with a large bathroom and closet. The 40x40 shop has a steel loft for plenty of storage, an engine hoist, and doors to pull through. The two-horse stalls, cross fencing and gates all make it the perfect opportunity!

Investor Tools

Property Icon
$951,252
Estimated Property Value
$476,688Estimated Mortgage Balance
$474,564Estimated Equity
49% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$5,708 /month
Positive
Cash Flow Estimate:
$1,903 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$570/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,084
$951,252
2025
$227,481
$723,771
$951,252
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,084
$951,252

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Ark-La-Tex Financial Services Llc
Conventional
$525,000
No
First
Jul 1, 2021
Aug 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$476,688
$474,564
49%
50%
$3,148/mo

Learn About the Market: Opportunity in Texas

Local Market Pages
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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: Rhome

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337 Kincannon Lane | Property Details | No Agent List