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$974,000

NAL Estimated Property Value

3389 Franke Rd, New Ulm, TX, 78950

Off MarketInfo
Beds5 Beds
Baths1 Bath
Baths1,378 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$1,087.81 / sqft
Year BuiltBuilt in 1900

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 5Bedrooms 5
Bathrooms Full 1Bathrooms Full 1
AppliancesDouble Oven, Microwave, Electric Range, Free-Standing Range, Dishwasher
FlooringWood

Exterior

Lot Size139.00 acres

Building Information

Year Built1900

Land Information

APN3145
SubdivisionB M Dougherty
Land UseResidential
Legal DescriptionA157 B M DOUGHERTY
Census Tract760400
Assessment Year2025

About this property

Tucked away down a country road is a beautiful 139 acres with a circa 1881 farmhouse, Great views, 3 ponds and a wonderful red barn makes this a farm you can enjoy! There are lots of new building sites, if you choose to create something from scratch or a wonderful old home to restore. There are improved pastures for cattle/horses and scattered woods for wildlife. This a great weekend farm or the perfect spot for building a new home!

Investor Tools

Property Icon
$974,000
Estimated Property Value
$0Estimated Mortgage Balance
$974,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$8,994 /month
Positive
Cash Flow Estimate:
$2,998 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,241/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$10,020
$637,787
2025
N/A
N/A
$1,896,521
Yes (2024)

Tax History

Year
Tax Paid
Assessed Value
2024
$10,020
$637,787

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$871,000
100%
0%
$0/mo

City: New Ulm

3389 Franke Rd | Property Details | No Agent List