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$350,000

503 Countrywood Cir, Sour Lake, TX, 77659

$366,225 ARVInfo
On MarketInfo
Beds4 Beds
Baths3 Bath
Baths3,040 Sq Ft
price_per_sqft$115.13 / sqft
Year BuiltBuilt in 1993

Property Lead Type:

BankruptcyPre-ForeclosureMust-SellAbsentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2.5Bathrooms Full 2.5
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
CoolingCooling
AppliancesDishwasher
FlooringVinyl

Exterior

Private PoolPrivate Pool
Lot Size2 acres

Building Information

Year Built1993
Stories2
Garage Spaces5

Land Information

APN006810-002000
Lot Number5
SubdivisionCountry Wood
Land UseResidential
Legal DescriptionS06810 COUNTRY WOOD BLK 2, LOT 5, ACRES 2.0
Census Tract030200
Assessed Land Value$20,000
Assessed Improvement Value$226,843
Assessment Year2025

About this property

Do not miss the opportunity to own this home situated on 2 acres in the desirable Countrywood neighborhood. This property features 4 bedrooms, 2.5 bathrooms, a formal dining and breakfast area, an office and a spacious screen in back porch overlooking the inground pool and hot tub. Additionally this home has a charming wrap around porch. The garage includes a partially finished apartment offering ample possibilities.

Investor Tools

$223,765Estimated Mortgage Balance
$141,235Estimated Equity
42% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$366,225
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,190 /month
Positive
Cash Flow Estimate:
$730 /month

Interested in this property?

Rebecka Sellers

Next Horizon Realty, LLC

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$470/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,811
$246,843
2025
$20,000
$226,843
$246,843
No

Tax History

Year
Tax Paid
Assessed Value
2025
$3,811
$246,843

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
William O Daniel & Etux
Undefined / Multiple Loan Amounts
$240,562
No
First
Oct 13, 2022
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$223,765
$164,235
42%
61%
$1,443/mo

City: Sour Lake

503 Countrywood Cir | Property Details | No Agent List