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Days299Days on Market
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$300,000

$500,000

4220 County Road 1640, Grapeland, TX, 75844

On MarketInfo
Price DropInfo
Beds3 Beds
Baths2 Bath
Baths576 Sq Ft
price_per_sqft$520.83 / sqft
Year BuiltBuilt in 2000

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 2Bathrooms 2

Exterior

Lot Size19.51 acres

Building Information

Year Built1972

Land Information

APN001510014000000000081
SubdivisionS Bennett
Land UseFarm & Ranch Improved
Legal DescriptionS BENNETT AB 151 19.51 AC
Census Tract950102
Assessed Land Value$152,180
Assessed Improvement Value$6,460
Assessment Year2025

About this property

Introducing a remarkable opportunity, ideal for the country retreat you've been dreaming of. This listing features two mobile homes, each containing three bedrooms, situated on nearly 20 acres of land. The diverse landscape and prime location make this property ideal for various uses, including building your future home. Conveniently located off US Highway 287 North in Grapeland, it is approximately 2.5 miles east on FM 2423 and accessible via a private road. Nestled in the northern portion of Houston County, just east of the Grapeland community, this property is conveniently close to the larger cities of Crockett and Palestine while also offering direct access to the Greater Houston area and the DFW Metroplex. Call today to schedule a private tour! As an added bonus, the purchase of this land includes 10 acres of planted pine trees that have never been cut, with first-cut farming rights transferred to the buyer.

Investor Tools

$0Estimated Mortgage Balance
$13,250Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,800 /month
Positive
Cash Flow Estimate:
$600 /month

Interested in this property?

Myron Sanders

Keller Williams Realty Professionals

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$11/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$62
$13,250
2025
$152,180
$6,460
$158,640
No

Tax History

Year
Tax Paid
Assessed Value
2025
$62
$13,250

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$13,250
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.

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: Grapeland

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4220 County Road 1640 | Property Details | No Agent List