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$249,900

430 N FM 487 Tract 2, Rockdale, TX, 76567

$324,870 ARVInfo
On MarketInfo
Beds3 Beds
Baths1 Bath
Baths1,404 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$177.99 / sqft
Year BuiltBuilt in 1940

Property Lead Type:

BankruptcyMust-SellARV FlipAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 1Bathrooms 1
AppliancesDishwasher, Electric Range, Microwave, Refrigerator, Some Electric Appliances
FlooringCarpet, Vinyl

Exterior

Exterior FeaturesPorch, Storage
Lot Size11.08 acres

Building Information

Year Built1940

Land Information

APNR18162
Land UseAgriculture / Farming
Legal DescriptionA0740 ARNETT, T.S.,11.077 ACRES
Census Tract950700
Assessed Land Value$292,430
Assessed Improvement Value$64,390
Assessment Year2025

About this property

Value is in the land! Structures need material amount of work. Discover your slice of Texas tranquility at 430 FM 487, located just outside of Rockdale, Tx. This gorgeous 5.740-acre property features level, naturally landscaped terrain complete with a private pond, a barn with holding pens, a storage shed and fully fenced. The site includes a 1940s 3-bedroom, 1-bath fixer-upper, offering a unique opportunity to renovate a classic or build your custom dream home. With endless potential for a residential retreat, commercial business, farm or agricultural use. This property is strategically located just 30 minutes from Taylor and an hour from Austin, College Station, and Temple. Need more room? See alternative non subdivided listing for 11.08 acres. This home is eligible for a USDA No-Down-Payment Home Loan. Don't wait—see it today.

Investor Tools

$46,946Estimated Mortgage Balance
$309,874Estimated Equity
86% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
$324,870
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,141 /month
Positive
Cash Flow Estimate:
$714 /month

Interested in this property?

Matthew Shaw

Olivos Group

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$277/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,535
$356,820
2025
$292,430
$64,390
$356,820
No

Tax History

Year
Tax Paid
Assessed Value
2025
$1,535
$356,820

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Novastar Mortgage Inc
Arm (Adjustable Rate Mortgage)
$94,500
No
First
Apr 24, 2007
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$46,946
$309,874
86%
13%
$567/mo

City: Rockdale