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$559,000

NAL Estimated Property Value

4880 County Road 160, Iola, TX, 77861

Off MarketInfo
Beds2 Beds
Baths1 Bath
Baths864 Sq Ft
price_per_sqft$601.85 / sqft

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms 1Bathrooms 1
Heating CentralHeating Central
CoolingCooling
AppliancesElectric Oven, Oven, Microwave, Gas Cooktop, Dryer, Washer

Exterior

Lot Size24.22 acres

Building Information

Stories1
Roof Type105

Land Information

APNR15330
Land UseAgriculture / Farming
Legal DescriptionA0072 N ANDERSON, TRACT 39, ACRES 24.218
Census Tract180304
Assessed Land Value$388,210
Assessed Improvement Value$80,340
Assessment Year2025

About this property

This ranch house sitting on 24 acres in Iola is ready for its new owner! Take in the peace and quiet at the end of a county road while enjoying the beautiful mature trees and pond. Store equipment and/or house animals in the barn that is conveniently located adjacent to the house and pond. This 2 bedroom / 1 bathroom house has great potential to be used as a primary home or a weekend getaway. The washer and dryer are situated in the second bedroom. This property is a short 10 minute drive to downtown Iola, 35 minute drive to College Station, and a 35 minute drive to Madisonville. Property is zoned to Iola ISD.

Investor Tools

Property Icon
$559,000
Estimated Property Value
$291,996Estimated Mortgage Balance
$267,004Estimated Equity
43% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,354 /month
Positive
Cash Flow Estimate:
$1,118 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$738/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,058
$468,550
2025
$388,210
$80,340
$468,550
No

Tax History

Year
Tax Paid
Assessed Value
2025
$6,058
$468,550

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Capital Farm Credit Aca
Conventional
$300,000
No
First
Nov 26, 2024
Dec 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$291,996
$223,004
43%
52%
$1,799/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: Iola

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4880 County Road 160 | Property Details | No Agent List