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$2,900,000

450 Private Road 5815, Grand Saline, TX, 75140

Under ContractInfo
Beds3 Beds
Baths3 Bath
Baths3,512 Sq Ft
price_per_sqft$825.74 / sqft
Year BuiltBuilt in 2008

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Bathrooms Half 1Bathrooms Half 1
Garage AvailableGarage Available
AppliancesDishwasher, Microwave, Refrigerator, Other, Double Oven, Gas Cooktop
FlooringWood

Exterior

Exterior FeaturesRain Gutters
Lot Size1 acre

Building Information

Year Built2008
Garage Spaces4

Land Information

APN046.0936.0160.0006.0001
Land UseFarm/Ranch, House
Legal DescriptionACRES: 1.000 SUR: 936;995;972;1010 & 728 ABST:WOLFE;JOSLIN;WOODALL; MCLELAND;RAY
Census Tract950100
Assessed Land Value$14,080
Assessed Improvement Value$401,120
Assessment Year2025

About this property

Refined country living meets nearly 200 acres of gently rolling pasture in Grand Saline ISD. This well-maintained ranch offers privacy, functionality, and charm. Fully fenced and cross-fenced—ideal for cattle, horses, or a serene rural lifestyle. Cattle barn with shoots and horse barn with 8 Priefert Stalls, wash station and tack room. Multiple ponds, barns, out buildings, mature trees, and wide-open skies complete the East Texas setting. At the heart of the property is a custom 3BR, 2.5BA, home built in 2008, offering approx. 3,512 SF. Features include a 3-car garage, whole-home generator, dog run-kennel, and in-ground tornado shelter. Interior highlights: 2 home office spaces, high ceilings, warm wood accents, and large windows with sweeping views. City water services the home; private well supports ag needs. Whether you're entertaining, working the land, or enjoying quiet mornings on the porch, this property delivers space, beauty, and self-sufficiency. Don’t miss this rare opportunity to own a legacy property offering luxurious country living with room to roam.

Investor Tools

$0Estimated Mortgage Balance
$488,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$17,400 /month
Positive
Cash Flow Estimate:
$5,800 /month

Interested in this property?

Michael Murdock

Exit Realty Pro

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$523/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,834
$415,200
2025
$14,080
$401,120
$415,200
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,834
$415,200

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$2,871,000
100%
0%
$0/mo

City: Grand Saline

450 Private Road 5815 | Property Details | No Agent List