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$391,000

450 Fm 198 W, Cooper, TX, 75432

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths2,008 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$239.04 / sqft
Year BuiltBuilt in 1992

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Half 2Bathrooms Half 2
AppliancesDishwasher, Electric Range, Electric Water Heater
FlooringCarpet

Exterior

Exterior FeaturesStorage
Lot Size26.79 acres

Building Information

Year Built1950

Land Information

APN3138
Land UseResidential
Legal Description0206 J F KELLER TRACT 24 ACRES 26.794
Census Tract950100
Assessment Year2025

About this property

Motivated Sellers! This charming 3-bedroom, 2-bath home sits on 26.7 acres and offers a peaceful country lifestyle just 20 minutes from Commerce—a vibrant and growing university town. The spacious, family-friendly layout features a large open kitchen, a formal sitting room, and a cozy screened-in porch perfect for enjoying the shaded yard and quiet evenings. Over 25 acres of productive pasture yield approximately 80 round bales annually, making this an ideal property for livestock or hobby farming. Two versatile outbuildings and a 4-car carport add functionality and storage. With a blend of open space, natural shade, and proximity to town amenities, this property delivers comfort, convenience, and value. This is an excellent opportunity to own your piece of Texas countryside.

Investor Tools

Property Icon
$391,000
Estimated Property Value
$0Estimated Mortgage Balance
$391,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,880 /month
Positive
Cash Flow Estimate:
$960 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$250/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,051
$204,713
2025
N/A
N/A
$380,190
No

Tax History

Year
Tax Paid
Assessed Value
2025
$1,051
$204,713

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$391,000
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: Cooper

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450 Fm 198 W | Property Details | No Agent List