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$145,000

472 Fm 1602, Jonesboro, TX, 76538

On MarketInfo
Just AddedInfo
Beds2 Beds
Baths1 Bath
Baths864 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$167.82 / sqft
Year BuiltBuilt in 1940

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms 1Bathrooms 1
FlooringWood

Exterior

Exterior FeaturesPorch
Lot Size4.77 acres

Building Information

Year Built1940

Land Information

APNR11078
Land UseResidential
Legal Description201 J DAUGHTERY 192310000; ACRES: 4.77
Census Tract950200
Assessed Land Value$74,410
Assessed Improvement Value$84,920
Assessment Year2025

About this property

Discover the potential of this charming rock home, built in 1940, offering approximately 864 square feet of living space. Full of character and country charm, this property is an excellent opportunity for investors, renovators, or anyone looking to create their dream home. In addition to the main house, the property includes a separate bunkhouse with incredible potential. With some restoration, it could become a beautiful guest house, studio, or additional living space. Situated on 4.77 acres, this property features access from two county roads, providing convenience and flexibility for future improvements. Whether you're looking for the perfect fixer-upper, a peaceful homesite to build your dream home, or an investment opportunity, this property offers endless possibilities. Located in Jonesboro, Texas, in Hamilton County, you'll enjoy the tranquility of country living while still being within easy reach of nearby communities. Don't miss this unique opportunity to own acreage with endless potential! Schedule your showing today.

Investor Tools

$0Estimated Mortgage Balance
$287,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,722 /month
Positive
Cash Flow Estimate:
$574 /month

Interested in this property?

Tracy Brown

Dixon Realty Team|KW

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$154/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$416
$159,330
2025
$74,410
$84,920
$159,330
Yes (2020)

Tax History

Year
Tax Paid
Assessed Value
2025
$416
$159,330

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$287,000
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: Jonesboro

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