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$127,208

NAL Estimated Property Value

355 FCR 864, Teague, TX, 75860

Off MarketInfo
Beds3 Beds
Baths1 Bath
Baths1,930 Sq Ft
price_per_sqft$81.87 / sqft
Year BuiltBuilt in 1975

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 1Bathrooms 1
AppliancesDishwasher, Dryer, Electric Water Heater, Gas Range, Microwave, Refrigerator, Washer
FlooringCarpet, Laminate

Exterior

Exterior FeaturesRain Gutters
Lot Size2.02 acres

Building Information

Year Built1999

Land Information

APN00116-00037-01000-000000
Land UseResidential
Legal DescriptionI CARRODINE A-116
Assessed Land Value$40,325
Assessed Improvement Value$86,883
Assessment Year2025

About this property

This could be the getaway & fishing retreat you've always dreamed of! What began as a mobile home is now a large lake house! There are 3 bedrms & 1 large bathrm. Custom wood finishes give it a rustic feel. Plenty of room in the kitchen & living room to host family & friends! There is a big custom island on wheels, plenty of space for dining table & chairs as well, even a sitting area. The lake view from the living rm is beautiful & can be seen through the solid wall of windows, as a lake house should be! Spacious living area is complete with a wood burning fireplace. BBQ, visit, & enjoy your evenings on the large covered porch looking out at the lake & fish off your own private pier! There are 2 outbuildings. Storage building has electricity, workshop has electricity & water hook ups. New roof. Some furniture & appliances negotiable. THFC is approx 273 acres comprised of two lakes. Light restrictions. Shared membership in THFC required. Dues are only $300 annually. Please see by-laws.

Investor Tools

Property Icon
$127,208
Estimated Property Value
$166,191Estimated Mortgage Balance
$0Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$948 /month
Positive
Cash Flow Estimate:
$316 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$53/month
$300/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
N/A
$127,208
2025
$40,325
$86,883
$127,208
No

Tax History

Year
Tax Paid
Assessed Value
2025
N/A
$127,208

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Southwest Funding Lp
Fha
$166,920
Yes
First
Jul 17, 2023
Aug 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$166,191
N/A
0%
131%
$1,052/mo

Learn About the Market: Opportunity in Texas

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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: Teague

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355 FCR 864 | Property Details | No Agent List