Real opportunities. Driven by live market signals.
Updated every minute.

Browse Homes — Buy Direct, Deal on Your Terms

Updated Properties Icon
Updated Properties
Last 24 HoursLast 24 Hours
ARV Flip List
ARV Flip List
  • Properties with flip potential and high ARV margins
Pre-Foreclosure List
Pre-Foreclosure List
  • Homes with notice of default or impending auction
Auction List
Auction List
  • Real estate scheduled for county or online auction
Deals List
Deals List
  • Discounted properties priced below market value
Must Sell List
Must Sell List
  • Highly motivated sellers looking for fast closings
Off-Market List
Off-Market List
  • Exclusive off-market opportunities not found on MLS

$207,500

411 Fm 2198, Karnack, TX, 75661

On MarketInfo
Beds2 Beds
Baths2 Bath
Baths1,448 Sq Ft
price_per_sqft$143.3 / sqft
Year BuiltBuilt in 1988

Property Lead Type:

BankruptcyMust-SellAbsentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Half 2Bathrooms Half 2
Garage AvailableGarage Available
AppliancesDishwasher, Refrigerator, Electric Water Heater, Electric Range, Electric Oven

Exterior

Lot Size2 acres

Building Information

Year Built1988
Stories1
Garage Spaces1

Land Information

APN00443.00930.00000.000000
SubdivisionGayetano Martinez Survey A-443
Land UseResidential
Legal DescriptionACRES: 2.000 ABST: 443 G MARTINEZ HSE
Census Tract020105
Assessed Land Value$35,720
Assessed Improvement Value$128,070
Assessment Year2025

About this property

Charming 2-Bed, 2-Bath Retreat on 2 Acres Near Caddo Lake! Discover the perfect blend of comfort and nature with this inviting 2-bedroom, 2-bathroom home set on 2 peaceful acres in Karnack, TX. Ideally located just steps from Caddo Lake State Park and less than a mile from the public boat ramp, this property is a dream for outdoor lovers, weekend escapes, or a quiet full-time lifestyle. Inside, the home features a spacious open-concept layout with a welcoming living area and a well-appointed kitchen offering generous storage. Split bedroom arrangement provides plenty of room to relax, and the two bathrooms are thoughtfully designed for everyday convenience. The home has a metal roof, has been freshly painted, and a new AC/H has been installed for your comfort. Step outside to enjoy wide-open space, mature surroundings, and the natural beauty East Texas is known for. From fishing and kayaking to birdwatching and exploring, adventure is always close by at one of Texas’s most unique and scenic lakes. If you are looking for a retirement home close to a great fishing hole or a place to have an Air B & B, this would be a great opportunity! Schedule your showing today and make this peaceful retreat your own!

Investor Tools

$0Estimated Mortgage Balance
$207,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,245 /month
Positive
Cash Flow Estimate:
$415 /month

Interested in this property?

Kelli Clayton

Clayton Realty Solutions

ContactContact

Want alerts when something changes with this property?

Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$186/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,196
$163,790
2025
$35,720
$128,070
$163,790
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,196
$163,790

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$207,000
100%
0%
$0/mo

City: Karnack

411 Fm 2198 | Property Details | No Agent List