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$541,257

480 An County Road 1206, Elkhart, TX, 75839

Off MarketInfo
Beds3 Beds
Baths4 Bath
Baths3,000 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$205 / sqft
Year BuiltBuilt in 1984

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 3.5Bathrooms 3.5
AppliancesDouble Oven, Electric Oven, Electric Cooktop, Dishwasher
FlooringTile, Vinyl

Exterior

Exterior FeaturesBalcony
Lot Size43.37 acres

Building Information

Year Built1984

Land Information

APN21591
SubdivisionCrawford Grigsby
Land UseAgriculture / Farming
Legal DescriptionA0309 GRIGSBY, CRAWFORD BLOCK 232 TRACT 3, BLOCK 226A TRACT 1A2
Census Tract951001
Assessed Land Value$266,216
Assessed Improvement Value$275,041
Assessment Year2025

About this property

Majestic shabby chic home on 57 wooded acres w/spring fed Ioni creek running across! Lots of bass & perch for the fisherman as well as an abundance of wildlife.Enjoy the walking trails & nature vibe!From the 277 yr old tree located in the front of the home to the outdoor bathhouse,this is a MUST SEE.The first level porches & upstairs balcony provide panoramic views.Original cabin had a new wing added in 2013.Foyer has soaring ceiling w/antique stained glass and lots of natural light.Split floor plan w/primary bedroom in the newest wing,modern bath features an expansive dual entry, spa-like shower.The property has 5 RV hookups w/ electric!Timber exemption in place, enjoy low taxes!Survey provided. Property is partially fenced on West Side. Well has 2 spring sources; 60' deep. Addition (2013) blt on concrete blocks and beams,shored up & braced w/deep crawl space. Recent upgrades incl ext door frames,porch,vinyl,base boards,int paint,gutters,power surge protector,tiled shower,Roof 2013.

Investor Tools

Property Icon
$541,257
Estimated Property Value
$0Estimated Mortgage Balance
$541,257Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,690 /month
Positive
Cash Flow Estimate:
$1,230 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$580/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,251
$541,257
2025
$266,216
$275,041
$541,257
No

Tax History

Year
Tax Paid
Assessed Value
2025
$4,251
$541,257

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$541,257
100%
0%
$0/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: Elkhart

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480 An County Road 1206 | Property Details | No Agent List