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$664,000

NAL Estimated Property Value

4451 Fm 147, Thornton, TX, 76687

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths2,870 Sq Ft
price_per_sqft$236.93 / sqft
Year BuiltBuilt in 1984

Property Lead Type:

Off-Market ListAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 2Bathrooms 2
AppliancesElectric Water Heater
FlooringOther

Exterior

Exterior FeaturesGarden
Lot Size20.51 acres

Building Information

Year Built1984
Garage Spaces4

Land Information

APNR9398
Land UseResidential
Legal DescriptionA499 T STEPHENS, ACRES 20.512
Census Tract970800
Assessment Year2024

About this property

Dream RANCHETTE on 20.3 acres with your very own private spring fed 4+/- acre LAKE! This tranquil Limestone County property offers every thing you need to bring your horses, cows and weekend anglers and start enjoying the good life in the country. You will enjoy the charming 3 bedroom, 2 bathroom farmhouse that offers beautiful views, a HUGE kitchen, several additional rooms and potential office spaces, a stunning sun room right off the living room and much more. There is also a guest apartment connected to the MASSIVE workshop that offers a full kitchen, living room, potentially 2 bedrooms and a full bath. The showstopper of this property is definitely the AMAZING lake. You will be blown away by its beauty and size. The lake offers endless recreational opportunities including fishing, duck hunting, kayaking and even seasonal swimming! This property is also turn-key to start running cattle or to turn out some horses with great catch pens and an open faced barn. This property is also fully fenced with great fencing including top rail and a scenic paved driveway with two gated entries. Come see all this fun and unique property has to offer! Currently AG exempt in Groesbeck ISD

Investor Tools

Property Icon
$664,000
Estimated Property Value
$606,938Estimated Mortgage Balance
$57,062Estimated Equity
8% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,080 /month
Positive
Cash Flow Estimate:
$1,360 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$561/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,412
$389,370
2024
N/A
N/A
$554,540
No

Tax History

Year
Tax Paid
Assessed Value
2022
$3,412
$389,370

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
J Philips Mortgage Inc
Va
$644,490
Yes
First
Mar 1, 2023
Apr 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$606,938
$57,062
8%
91%
$3,865/mo

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: Thornton

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4451 Fm 147 | Property Details | No Agent List