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$225,000

376 County Road 2008, Shelbyville, TX, 75973

On MarketInfo
Just AddedInfo
Beds3 Beds
Baths2 Bath
Baths1,344 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$167.41 / sqft
Year BuiltBuilt in 2004

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 2Bathrooms 2
AppliancesGas Oven, Microwave, Gas Range, Dishwasher
FlooringCarpet, Concrete, Engineered Wood

Exterior

Exterior FeaturesSide Yard
Lot Size5.40 acres

Building Information

Year Built2004

Land Information

APNR24739
Lot Number20-28
SubdivisionRitter Everett
Land UseResidential
Legal Description0584 RITTER EVERETT SUR BLK 2 TR 10 5.401 ACRES LOTS 20-26 & NORTH PORTION OF LOT 27 & NORTH PART OF LOT 28 EARL BIGGERS S/D
Census Tract950600
Assessed Land Value$26,660
Assessed Improvement Value$145,440
Assessment Year2025

About this property

Escape to country living with this unique 3-bedroom, 2-bath home situated on approximately 5.4 acres in Shelbyville. The warm, rustic interior features wood-plank ceilings, exposed beams, corrugated metal accents, and a wood-burning stove that adds character to the spacious living area. The open kitchen and dining space offers plenty of room for gathering, along with a generously sized pantry for additional storage. A spacious primary bedroom continues the home’s inviting country style. Outside, enjoy a peaceful pond and an impressive 40’ x 60’ shop with ample space for equipment, storage, hobbies, or projects. A Generac whole-home generator provides added convenience and peace of mind. The property is zoned to Shelbyville ISD, a district known for its strong community pride and small-town atmosphere. With acreage, water, workspace, and distinctive rustic charm, this property offers endless possibilities for enjoying the East Texas lifestyle.

Investor Tools

$130,405Estimated Mortgage Balance
$103,595Estimated Equity
44% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,404 /month
Positive
Cash Flow Estimate:
$468 /month

Interested in this property?

Desiree Harrod

JLA Realty

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$173/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$901
$172,100
2025
$26,660
$145,440
$172,100
No

Tax History

Year
Tax Paid
Assessed Value
2025
$901
$172,100

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Farmers State Bank
Purchase Money Mortgage
$142,000
No
First
Apr 12, 2022
Apr 2037

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$130,405
$103,595
44%
56%
$852/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: Shelbyville

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