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$436,000

NAL Estimated Property Value

365 Running Deer Road, Grapeland, TX, 75844

Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths1,980 Sq Ft
price_per_sqft$209.6 / sqft
Year BuiltBuilt in 2021

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms 2Bathrooms 2
AppliancesElectric Oven, Microwave, Electric Cooktop, Dishwasher
FlooringVinyl Plank

Exterior

Exterior FeaturesBack Green Space
Lot Size2.07 acres

Building Information

Year Built2020

Land Information

APN060600192000000000000
Lot Number3
SubdivisionTejas Shores
Land UseResidential
Legal DescriptionTEJAS SHORES LOT 3 SEC 2
Census Tract950500
Assessed Land Value$9,000
Assessed Improvement Value$276,860
Assessment Year2025

About this property

Set on just over two acres in the Tejas Shores community near Houston County Lake, this single-story home offers a comfortable blend of space and everyday ease. With 1,980 sf, four bedrooms and two bathrooms, the layout is practical and welcoming without feeling crowded. The family room is anchored by cathedral ceilings and a stone fireplace that give the space character and warmth. The kitchen is well equipped with custom cabinetry, stainless appliances, granite countertops, and a large pantry with room for an extra freezer. A generous dining area keeps everyone connected, whether it’s weeknight dinners or a full table on the holidays. Outside, the property is ready to be used. A barn and fenced area work well for a horse or small livestock, and there’s plenty of room for gardening or simply enjoying the open surroundings. It’s also an easy walk to the neighborhood boat launch, along with access to a shared dock, playground, and picnic area along the lake.

Investor Tools

Property Icon
$436,000
Estimated Property Value
$146,353Estimated Mortgage Balance
$289,647Estimated Equity
66% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,616 /month
Positive
Cash Flow Estimate:
$872 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$324/month
$130/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,708
$285,860
2025
$9,000
$276,860
$285,860
No

Tax History

Year
Tax Paid
Assessed Value
2025
$1,708
$285,860

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Prosperity Bank
Building Or Construction Loan
$165,750
No
First
May 15, 2020
May 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$146,353
$289,647
66%
34%
$994/mo

City: Grapeland