$603,000
NAL Estimated Property Value492 John Craft Rd, Red Rock, TX, 78662
Off Market
Property Lead Type:
Off-Market ListAbsentee OwnerHigh Equity
Highlights
Interior
AppliancesCooktop, Exhaust Fan, Microwave, Oven, Refrigerator, Washer, Electric Water Heater
FlooringLaminate, Tile
Exterior
Exterior FeaturesDog Run, Private Yard
Lot Size18.99 acres
Building Information
Year Built1980
Stories1
Garage Spaces4
Land Information
APNR60801
SubdivisionGlasgow (Mlwilliams)
Land UseResidential
Legal DescriptionABS A344 GLASGOW (M.L.WILLIAMS),18.988 ACRES
Census Tract950806
Assessed Land Value$28,018
Assessed Improvement Value$230,560
Assessment Year2025
About this property
3 bedroom 3.5 bath home.18 acres. Split floor plan, master suite + other en suite bedrooms, big kitchen, built in's, 2 car garage + party patio (aka carport). Beautiful oaks & pines, pasture grasses, stock tank hasn't gone dry in worst of drought per Seller. 10 stall barn with tack and feed rooms. Sandy soil perfect for horses! Fenced/cross fenced into runs, turn outs, pasture with hot tape (easily taken down or reconfigured). Tons of beautiful wildlife.Guest Accommodations: Yes
Investor Tools
$603,000
Estimated Property Value
$346,488Estimated Mortgage Balance
$257,219Estimated Equity
46% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,618 /month
Positive
Cash Flow Estimate:
$1,206 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$492/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,893
$258,578
2025
$28,018
$230,560
$709,179
No
Tax History
Year
Tax Paid
Assessed Value
2024
$2,893
$258,578
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
New City Mortgage Llc
Conventional
$390,000
No
First
Jul 13, 2020
Aug 2050
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$346,488
$302,512
46%
57%
$2,339/mo
