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$401,000

NAL Estimated Property Value

4321 County Road 423, Grandview, TX, 76050

$500,917 ARVInfo
Off MarketInfo
Beds3 Beds
Baths1 Bath
Baths2,160 Sq Ft
price_per_sqft$152.31 / sqft
Year BuiltBuilt in 2005

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
AppliancesElectric Range, Refrigerator
FlooringConcrete

Exterior

Private PoolPrivate Pool
Lot Size5.11 acres

Building Information

Year Built2005

Land Information

APN126.3712.00010
Lot Number1R
Land UseResidential
Legal DescriptionLOT 1R BLK 1 CIRCLE G ESTATES
Census Tract130603
Assessed Land Value$204,200
Assessed Improvement Value$160,804
Assessment Year2025

About this property

Enjoy the peace and quiet from the front porch of this rustic cabin in the woods. 5 fenced and cross-fenced acres of sandy soil with trees, a small barn for animals and several other out buildings. Rich Chicago brick & cedar create the ambiance of serene country living. Efficient kitchen with all appliances+ refrigerator included with breakfast bar eating, Large attached metal structure offers many options for shop, man-cave, she-shed or convert into additional living space. Metal structure square footage believed to be included in tax numbers. Above ground pool and deck needs work but can provide great Summer family fun. Convenient location between Grandview and Cleburne just off Hwy 4. Enough road frontage to divide land and build 2nd home, subject to county subdivision regulations, Buyer to confirm. Qualifying assumable FHA loan at only 2.75% interest. Bring your creativity and make this your own. Great place to raise a family.

Investor Tools

Property Icon
$401,000
Estimated Property Value
$464,659Estimated Mortgage Balance
$0Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$500,917
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,406 /month
Positive
Cash Flow Estimate:
$802 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$510/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,114
$365,004
2025
$204,200
$160,804
$365,004
No

Tax History

Year
Tax Paid
Assessed Value
2025
$4,114
$365,004

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
First Financial Bank
Commercial
$325,000
No
First
Jun 21, 2024
May 2025

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$464,659
N/A
0%
116%
$2,876/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,972/mo
$2,876/mo
$-904/mo
5.9%

Learn About the Market: Opportunity in Texas

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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: Grandview

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4321 County Road 423 | Property Details | No Agent List