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$496,020

3843 S FM 2199, Marshall, TX, 75672

$644,826 ARVInfo
Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths3,131 Sq Ft
FarmFarm
price_per_sqft$317.79 / sqft
Year BuiltBuilt in 1973

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 3Bathrooms 3
Garage AvailableGarage Available
AppliancesDishwasher, Disposal, Electric Oven, Electric Range, Refrigerator
FlooringHardwood

Exterior

Private PoolPrivate Pool
Exterior FeaturesOutdoor Grill
Lot Size65.45 acres

Building Information

Year Built1973
Stories1
Garage Spaces3

Land Information

APN00744.00160.00000.000000
SubdivisionLucinda Wallace Survey A-744
Land UseResidential
Legal DescriptionACRES: 65.450 ABST: 744 L WALLACE HSE
Census Tract020103
Assessed Land Value$221,800
Assessed Improvement Value$274,220
Assessment Year2025

About this property

Amazing 3 bedroom, 3 bath country ranch home with 65.450 acres located for sale in Marshall, TX. This home has been well cared for over the years and been family owned since 1973. There is natural gas and electric to the home. The kitchen has instant hot water and an induction cooktop. There are hardwood floors throughout the home. There is a sunken den with a large fireplace. The office is well positioned so you can enjoy the beautiful view of the pasture and pond. In the summer time you can enjoy the in-ground swimming pool and large patio. This is a great area to enjoy outdoor cookouts and entertain family and friends. This Harrison County property comes with a 2 car attached side entry garage, 9x16 workshop, 12x15 storage building, 45x48 barn, shop, tack room, office along with a 12' overhang covering the horse stables. There is additionally a 24x60 equipment shed and a 40x60 farm implement covering. This property has it all! There are 3 ponds for your livestock and fishing needs. The property is cross fenced for cattle rotation and hay production. There is a pipe fenced holding pen for livestock and also working pens for cattle. Geese like to frequently visit the 3 ponds. There are deer and hogs if you are interested in hunting. The back acreage is wooded with a trail system if you like to ride or walk the property. You're going to have a hard time finding a better laid out piece of property for multiple uses.

Investor Tools

Property Icon
$496,020
Estimated Property Value
$0Estimated Mortgage Balance
$248,575Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
$644,826
Rent-to-Value Ratio: 0.72%
Rent Estimate
$5,970 /month
Positive
Cash Flow Estimate:
$1,990 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$283/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$917
$496,020
2025
$221,800
$274,220
$496,020
No

Tax History

Year
Tax Paid
Assessed Value
2024
$917
$496,020

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Verabank Na
Open End Mortgage / Open End With Future Advance Clause
$35,000
No
First
Jan 30, 2014
Feb 2015

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$247,445
$248,575
50%
50%
$1,619/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: Marshall

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3843 S FM 2199 | Property Details | No Agent List