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$438,290

492 Marcelene Drive, Waskom, TX, 75692

Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths2,733 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$113.06 / sqft
Year BuiltBuilt in 2007

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms 2Bathrooms 2
Garage AvailableGarage Available
AppliancesDishwasher, Disposal, Electric Cooktop, Electric Oven, Electric Range, Vented Exhaust Fan
FlooringCeramic Tile

Exterior

Lot Size6.95 acres

Building Information

Year Built2007
Garage Spaces2

Land Information

APN00622.00160.00070.000000
SubdivisionJames Shandon Survey A-622
Land UseResidential
Legal DescriptionACRES: 6.953 ABST: 622 J SHANDOIN HSE
Census Tract020103
Assessed Land Value$77,200
Assessed Improvement Value$361,090
Assessment Year2025

About this property

Country Living on almost 7 Acres with a pond in Award-winning Elysian Fields ISD. Enjoy the cool breezes while sitting on the over 700 sqft wrap-around front porch of this 2750 sqft one owner home; 4 bedrooms, 2 bathrooms, 2 car oversized garage with an 800sqft bonus room. Enjoy the oversized family room which spills into the dining area and open concept Kitchen that has an island with sitting area and cabinets that keep going! The home was built with energy efficiency in mind; Tech Shield decking, extra insulation, low-E windows and ceiling fans in almost every room. The property is visited by local wildlife such as deer daily taking advantage of the pond as well as vegetation on the property.

Investor Tools

Property Icon
$438,290
Estimated Property Value
$0Estimated Mortgage Balance
$167,992Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,630 /month
Positive
Cash Flow Estimate:
$877 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$332/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,794
$438,290
2025
$77,200
$361,090
$438,290
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,794
$438,290

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Quicken Loans Llc
Va
$301,200
Yes
First
Jan 25, 2021
Feb 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$270,298
$167,992
38%
62%
$1,806/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: Waskom

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492 Marcelene Drive | Property Details | No Agent List