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B+
NoAgentList RatingHow are grades calculated? Info

$352,000

393 Pr 409, Montague, TX, 76251

$386,538 ARVInfo
Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths1,800 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$209.83 / sqft
Year BuiltBuilt in 1999

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 3Bathrooms 3
AppliancesDishwasher, Electric Oven, Electric Range, Electric Water Heater
FlooringCarpet, Concrete

Exterior

Lot Size8.33 acres

Building Information

Year Built2000

Land Information

APNR000008147
Land UseResidential
Legal DescriptionACRES: 8.330 AB 263 HEZEKIAH FROST SURVEY
Census Tract950600
Assessed Land Value$133,280
Assessed Improvement Value$214,170
Assessment Year2025

About this property

Welcome to this slice of Texas nestled in the heart of the countryside. A charming home with a wrap-around porch and picturesque landscape. Inside, an updated interior with neutral paint tones, open floorplan and a spacious kitchen, complete with a center island and ample cabinet space. The master bedroom features an updated ensuite bathroom and walk in shower, while the other two rooms provide extra space for friends and family. A cozy sun porch is perfect for quiet mornings and entertaining alike, while a detached workshop and building provide the ideal space for storage or projects. Additionally, a storm shelter provides peace of mind and added comfort. The property is situated midway between historic towns of Bowie, Nocona and St. Jo, where downtown shopping, food and small town entertainment awaits. With acreage, a serene setting in a convenient location, and plenty of indoor and outdoor space, the opportunities abound on this sprawling piece of land. Come see it today!

Investor Tools

Property Icon
$352,000
Estimated Property Value
$0Estimated Mortgage Balance
$76,663Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$386,538
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,266 /month
Positive
Cash Flow Estimate:
$755 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$290/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,724
$347,450
2025
$133,280
$214,170
$347,450
No

Tax History

Year
Tax Paid
Assessed Value
2025
$1,724
$347,450

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Sfmc Lp
Conventional
$285,600
No
First
May 3, 2024
Jun 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$275,337
$76,663
21%
78%
$1,713/mo

Learn About the Market: Opportunity in Texas

Local Market Pages
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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: Montague

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393 Pr 409 | Property Details | No Agent List