130Days on Market

1view

$459,995

$495,000

3952 Fm 451, Waskom, TX, 75692

$467,552 ARV

On Market

Price Drop

4 Beds

3 Bath

2,952 Sq Ft

Single Family Residence

$155.82 / sqft

Built in 2001

Property Lead Type:

Must-SellAbsentee Owner

Highlights

Interior

Bedrooms 4

Bathrooms Full 3

Bathrooms Half 1

Garage Available

AppliancesDishwasher

FlooringCarpet, Tile

Exterior

Lot Size12.02 acres

Building Information

Year Built2001

Stories1

Garage Spaces2

Land Information

APN00622.00010.00000.000000

SubdivisionJames Shandon Survey A-622

Land UseResidential

Legal DescriptionACRES: 12.019 TRACT: 1-2 ABST: 622 J SHANDOIN HSE

Census Tract020103

Assessed Land Value$103,920

Assessed Improvement Value$356,580

Assessment Year2025

About this property

12 ACRES!! NO HOA! LIVESTOCK and ANIMALS welcome!! Country living! This beautiful 4 bedroom 3.5 bath home has it all. The main living room has an open concept, fireplace, natural light, and plenty of space for entertaining, and opens up to kitchen. Office located off of entry with an additional space that can be used as: formal dining room, play area, workout area, or secondary living room. Kitchen includes: lots of cabinet space for storage, island, countertop for barstool eating, plenty of counter space, and an eat in dining area. Oversized primary bedroom has plantation shutters, vaulted ceilings, stand up shower and separate bathtub, and walk in closet. The HUGE backyard is a private sanctuary perfect for outdoor activities and relaxation. Spend your evenings unwinding on the patio, enjoying the Texas sunset and the oak trees. There is a RV hookup with electricity and plenty of room for storage on property. Any and all information is deemed reliable. Buyer and buyers agent to do own due diligence in regards to any information

Investor Tools

$460,500

Estimated Property Value

$308,112Estimated Mortgage Balance

$180,741Estimated Equity

33% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

$467,552

Rent-to-Value Ratio: 0.72%

Rent Estimate

$2,763 /month

Positive

Cash Flow Estimate:

$921 /month

Interested in this property?

Jeb Bryant

The Real Estate Power Houses

Contact

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$285/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$1,118

$460,500

2025

$103,920

$356,580

$460,500

Tax History

Year

Tax Paid

Assessed Value

2024

$1,118

$460,500

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

The Federal Savings Bank

$308,112

Yes

First

Sep 24, 2021

Oct 2051

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$279,759

$180,741

39%

61%

$1,848/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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