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$778,000

NAL Estimated Property Value

424 Kincannon Ln, Rhome, TX, 76078

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths3,004 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$265.98 / sqft
Year BuiltBuilt in 1997

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesTrash Compactor, Dishwasher, Disposal, Electric Oven, Gas Cooktop, Ice Maker, Microwave
FlooringConcrete

Exterior

Exterior FeaturesRain Gutters, Private Yard, Other, Garden
Lot Size5.04 acres

Building Information

Year Built1997
Stories1
Roof Type158
Garage Spaces5

Land Information

APNR0891.0104.00
Lot Number4
SubdivisionHighland Meadows
Land UseResidential
Legal DescriptionLOT 4 BLK 1 HIGHLAND MEADOWS
Census Tract150607
Assessed Land Value$228,545
Assessed Improvement Value$429,557
Assessment Year2025

About this property

Step into your own slice of paradise with this charming 5-acre retreat, where country comfort meets modern convenience. The inviting covered front patio is perfect for sipping coffee and enjoying the peace of nature. Inside, is large entry way, a cozy family room, private office area ideal for work or quiet reflection and a dining room for all your special occasions. The spacious master suite is your peaceful escape after a long day, while the separate mother-in-law suite offers privacy for family or guests. The property feels like a true retreat with a gated concrete driveway lined with Bradford Pear trees. Fully fenced, it also features a massive 48.4 x 40 workshop with electricity—perfect for hobbies or storage. And if you’ve got a travel trailer or boat, there’s covered parking to keep everything secure and ready for your next adventure. In the backyard, a mix of mature trees—Pear, Aspen, Maple, Oak, and Pecan—offer shade and character. The wild garden grows homegrown tomatoes, onions, and more. A sprinkler system covers 2 acres, keeping the yard lush with minimal effort. For peace of mind, the reinforced concrete storm shelter (6 ft tall, 7 ft wide, 10 ft long) offers safety during severe weather, keeping your family protected. Located just far enough from the hustle of city life, but close enough for convenience, this property strikes the perfect balance of peace and accessibility. Don’t miss your chance to see this welcoming retreat in person!

Investor Tools

Property Icon
$778,000
Estimated Property Value
$0Estimated Mortgage Balance
$778,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,794 /month
Positive
Cash Flow Estimate:
$1,598 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$404/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$964
$658,102
2025
$228,545
$429,557
$658,102
No

Tax History

Year
Tax Paid
Assessed Value
2024
$964
$658,102

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$778,000
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.

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: Rhome

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424 Kincannon Ln | Property Details | No Agent List