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$436,000

4730 Fm 1467, May, TX, 76857

Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths2,280 Sq Ft
FarmFarm
price_per_sqft$192.94 / sqft
Year BuiltBuilt in 2010

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
AppliancesDishwasher, Dryer, Electric Range, Microwave, Refrigerator, Washer
FlooringCarpet, Laminate

Exterior

Lot Size10 acres

Building Information

Year Built2010

Land Information

APN74274
SubdivisionThe H T & B Rr Co Survey Abstract No
Land UseResidential
Legal DescriptionH T & B R R CO, SURVEY 55, ABSTRACT 453, TRACT 11 (ELKINS ACRES), ACRES 10.0
Census Tract950300
Assessed Land Value$174,350
Assessed Improvement Value$231,760
Assessment Year2025

About this property

4730 FM 1467 E, May, TX $439,900 Attractive 10-acre small ranch located less than 15 miles from Brownwood and Early, offering rolling pasture, mature oak cover, and a comfortable 2,280± sq ft home. Ideal for full-time country living, a weekend retreat, or a small livestock operation. The land features sandy loam soils with gentle slopes, scattered live oak, post oak, and elm trees, native grasses, and a large stocked surface tank. Rural water services the home, and a working water well helps maintain the pond level, supporting livestock, wildlife, and fishing opportunities. Built in 2010, the home offers an open floor plan with two spacious living areas, a rock wood-burning fireplace, and a large kitchen with island and stainless appliances—all conveying. Recent updates include a new HVAC system (inside and out), composition roof replaced in 2019, and recently redone front and back porches. Additional improvements include a large concrete-floor carport, second oversized carport, two storage-shop buildings, equipment shed, perimeter fencing, cross-fencing with net wire, and a gated entry. Deer stand and feeder convey. Utilities include electric on-site, rural water, water well, septic system, and fiber internet availability. Abundant wildlife includes whitetail deer, turkey, dove, and occasional waterfowl. This manageable 10-acre ranch offers a balanced mix of comfort, recreation, and functionality in a convenient rural location.

Investor Tools

Property Icon
$436,000
Estimated Property Value
$285,621Estimated Mortgage Balance
$181,215Estimated Equity
34% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,639 /month
Positive
Cash Flow Estimate:
$880 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$452/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,238
$406,110
2025
$174,350
$231,760
$406,110
No

Tax History

Year
Tax Paid
Assessed Value
2025
$3,238
$406,110

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Bayshore Mortgage Funding Llc
Va
$285,621
Yes
First
Nov 17, 2020
Dec 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$254,785
$181,215
41%
58%
$1,713/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.

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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: May

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4730 Fm 1467 | Property Details | No Agent List