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$3,522,000

NAL Estimated Property Value

407 Rocky Rd, Hye, TX, 78635

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths2,312 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$1,362.46 / sqft
Year BuiltBuilt in 1990

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Half 2Bathrooms Half 2
AppliancesTrash Compactor, Disposal, Electric Cooktop, Microwave, Tankless Water Heater, Vented Exhaust Fan
FlooringTile, Wood

Exterior

Exterior FeaturesOutdoor Kitchen, Storage
Lot Size32.62 acres

Building Information

Garage Spaces6

Land Information

APNR5437 01
SubdivisionAbs A0175 Survey 95 H.M. Day
Land UseSingle Family Residence Rural Only
Legal DescriptionABS A0175 SURVEY 95 H.M. DAY,ACRES 32.62
Census Tract950101
Assessed Land Value$25,360
Assessed Improvement Value$413,590
Assessment Year2023

About this property

Comprising over 32 acres in the hub of the Hill County Wine Trail, this property boasts exceptional potential for multifaceted development. Situated within a quarter mile of Highway 290, this property which consists of diverse topography with breathtaking views amidst a plethora of Live Oak trees, two residences and two expansive shops. The 2300 square foot primary residence exemplifies a classic Hill Country rock home, featuring 3 bedrooms and 2 bathrooms with elevated views. A detached 1250 square foot guest house with 2 bedrooms and 1 bathroom, adjacent to a spacious 50x60 shop boasting checkered tile floors that elevate the concept of a man cave to unprecedented heights. Lastly, the 100x60 shop presents itself as a blank slate awaiting customization but currently used as automobile restoration with 3 phase electric. With the presence of three robust water wells, this outstanding property becomes the ultimate destination, whether for a sought-after venue or a private dream home.

Investor Tools

Property Icon
$3,522,000
Estimated Property Value
$0Estimated Mortgage Balance
$3,522,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$21,132 /month
Positive
Cash Flow Estimate:
$7,044 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,863/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,743
$438,950
2023
$25,360
$413,590
$1,146,560
No

Tax History

Year
Tax Paid
Assessed Value
2023
$4,743
$438,950

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$3,522,000
100%
0%
$0/mo

Learn About the Market: Opportunity in Texas

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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.

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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: Hye

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407 Rocky Rd | Property Details | No Agent List