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$406,000

3523 Fm 451, Waskom, TX, 75692

Under ContractInfo
Beds3 Beds
Baths2 Bath
Baths2,588 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$158.38 / sqft
Year BuiltBuilt in 1979

Property Lead Type:

Off-Market ListAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Bathrooms Half 1Bathrooms Half 1
Garage AvailableGarage Available
AppliancesElectric Water Heater

Exterior

Lot Size3.17 acres

Building Information

Year Built1979
Stories1
Garage Spaces2

Land Information

APN00165.00210.00000.000000
Land UseResidential
Legal DescriptionACRES: 3.173 ABST: 165 E CATER HSE
Census Tract020103
Assessed Land Value$49,710
Assessed Improvement Value$278,600
Assessment Year2025

About this property

Beautifully updated home on 3.1 acres in Elysian Fields ISD! This 2588 sq ft home includes 3 bedrooms with a flex space that could be used as an office; currently being used as 4th bedroom and 2 1/2 bathrooms. Sellers spared no detail renovating this beautiful house from top to bottom. New HVAC was installed just 2 years ago. Enjoy the peaceful countryside while being just 20 mins from Carthage, 10 min from Marshall and 25 mins from Shreveport, La. Call your trusted REALTOR soon!

Investor Tools

Property Icon
$406,000
Estimated Property Value
$359,100Estimated Mortgage Balance
$47,936Estimated Equity
12% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,459 /month
Positive
Cash Flow Estimate:
$820 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$269/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,201
$328,310
2025
$49,710
$278,600
$328,310
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,201
$328,310

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
K&G Capital Mortgage Llc
Unknown
$359,100
No
First
Mar 9, 2026
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$358,064
$47,936
11%
88%
$2,153/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: Waskom

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3523 Fm 451 | Property Details | No Agent List