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A+
NoAgentList RatingHow are grades calculated? Info

$413,070

3837 Fm 896, Leonard, TX, 75452

$465,875 ARVInfo
Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths2,112 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$177.08 / sqft
Year BuiltBuilt in 1988

Property Lead Type:

Off-Market ListARV FlipHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
AppliancesDishwasher, Electric Range, Vented Exhaust Fan
FlooringCeramic Tile, Wood

Exterior

Exterior FeaturesRain Gutters, Storage
Lot Size2 acres

Building Information

Year Built1988
Garage Spaces6

Land Information

APN90255
Lot Number15
Land UseResidential
Legal DescriptionVALLEY CREEK COUNTRY ESTATES, LOT 15, LIFE ESTATE, ACRES 2.
Census Tract950701
Assessed Land Value$135,000
Assessed Improvement Value$278,070
Assessment Year2025

About this property

REALTORS: See private remarks.*** December 2025: Foundation Leveled (48 piers placed with 5 year Workmanship Warranty) and Roof Replaced (30 year shingle). Charming Country Retreat on 2 Acres in the coveted Valley Creek Country Estates. Experience peaceful country living on 2 picturesque acres in the highly sought-after Valley Creek area, known for its scenic rolling hills and natural beauty in every direction. This one-owner custom-built home, constructed in 1988, offers timeless charm and solid craftsmanship. The interior showcases a mix of vintage character and thoughtful updates—original touches that will appeal to those who appreciate quality, paired with upgrades, such as Living Room and Bedroom flooring less than a year old and all window glass was replaced June 2025. The home is nestled beneath a canopy of mature trees, offering shade, tranquility, and privacy throughout the day. Outside, the grounds are ready to be brought back to life. Once lovingly maintained, the extensive flower gardens are waiting for a new green thumb to restore them to their former glory. For hobbyists or those needing extra workspace, the 40x30 workshop is a standout feature. Designed with function in mind, it includes a half bath, electric garage door opener, storage loft, and is already wired for electricity—just connect it to the main home. With flexible space and multiple possibilities, this shop can serve as a dream workshop, studio, or additional storage area. Don’t miss this opportunity to own a private, peaceful slice of Valley Creek with room to grow, create, and relax in the heart of the countryside. Also available to purchase with 5 acres, see MLS 20963253. REALTORS: see Private Remarks.

Investor Tools

Property Icon
$413,070
Estimated Property Value
$350,550Estimated Mortgage Balance
$64,040Estimated Equity
15% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$465,874
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,478 /month
Positive
Cash Flow Estimate:
$826 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$222/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$602
$413,070
2025
$135,000
$278,070
$413,070
No

Tax History

Year
Tax Paid
Assessed Value
2024
$602
$413,070

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Das Acquisition
Conventional
$350,550
No
First
Feb 19, 2026
Mar 2056

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$349,030
$64,040
15%
84%
$2,102/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: Leonard

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3837 Fm 896 | Property Details | No Agent List