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$411,440

3837 State Highway 31, Hubbard, TX, 76648

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths2,240 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$160.71 / sqft
Year BuiltBuilt in 1985

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 2Bathrooms 2
AppliancesDishwasher, Disposal, Gas Cooktop

Exterior

Lot Size15.50 acres

Building Information

Year Built1985

Land Information

APN106283
SubdivisionW Richey A-
Land UseOther / Unknown
Legal DescriptionW RICHEY A-770 TR 5B & 5C 15.496 AC (PT A-1083)
Census Tract961400
Assessed Land Value$232,440
Assessed Improvement Value$179,000
Assessment Year2025

About this property

A rare and exciting opportunity awaits! This 3-bedroom, 2-bath, two-story home is nestled on 15.496 acres of heavily wooded land, offering privacy, potential, and endless possibilities. With over 1,300 feet of road frontage on Hwy 31 and just 7 minutes from the Navarro Mills Lake boat ramp, the location is ideal for recreation, development, or creating your own secluded retreat. The property includes three entrances with culverts off Hwy 31, 2 water meters in use multiple RV hook ups. A 2,000 sq. ft. insulated shop sits next to the home, income producing potential, or multi-generational living. Two additional entrances feature electric poles and septic systems; seller is unsure of the condition of those septic tanks. With its dense tree coverage, multiple water meters, wildlife, and spacious layout, this property could be transformed into a beautiful RV park, a private homestead, or the dream home in the woods you’ve always wanted. The land is truly a diamond in the rough with opportunity at every turn. No survey available—buyer to obtain. Property sold AS IS.

Investor Tools

Property Icon
$411,440
Estimated Property Value
$18,900Estimated Mortgage Balance
$401,134Estimated Equity
95% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,469 /month
Positive
Cash Flow Estimate:
$823 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$347/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,109
$411,440
2025
$232,440
$179,000
$411,440
No

Tax History

Year
Tax Paid
Assessed Value
2025
$2,109
$411,440

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
First Bank & Trust Co
Unknown
$18,900
No
First
May 14, 2008
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$10,306
$401,134
97%
3%
$0/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: Hubbard

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3837 State Highway 31 | Property Details | No Agent List