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$256,050

3586 Fm 198 W, Cooper, TX, 75432

Off MarketInfo
Beds3 Beds
Baths1 Bath
Baths1,516 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$57.98 / sqft
Year BuiltBuilt in 1950

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 1Bathrooms 1
AppliancesGas Range, Refrigerator
FlooringLaminate, Wood

Exterior

Lot Size8.99 acres

Building Information

Year Built1950

Land Information

APN1056
Land UseResidential
Legal Description0002 A ASKEY TRACT 20 ACRES 8.99
Census Tract950100
Assessed Land Value$134,240
Assessed Improvement Value$121,810
Assessment Year2025

About this property

Cozy cedar home on 9 acres located in Cooper ISD with 3 bedrooms and 1 full bath. Enjoy breathtaking views of the countryside with wildlife such as deer, hogs, and dove previously photographed on the property. An RV connection with waste line drop into septic system is also on-site. The land offers a pond, barn, and shed and would make a great recreational property or escape from the city. 5.5 miles from Big Creek Reservoir, 10.5 miles to Cooper Lake, and an hour drive to Rockwall.

Investor Tools

Property Icon
$256,050
Estimated Property Value
$0Estimated Mortgage Balance
$256,050Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,536 /month
Positive
Cash Flow Estimate:
$512 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$330/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,685
$256,050
2025
$134,240
$121,810
$256,050
No

Tax History

Year
Tax Paid
Assessed Value
2025
$2,685
$256,050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$256,050
100%
0%
$0/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: Cooper

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3586 Fm 198 W | Property Details | No Agent List