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$675,000

540 Bee Creek School House Road, Maypearl, TX, 76064

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths2,304 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$292.97 / sqft
Year BuiltBuilt in 2018

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Oven, Electric Range, Microwave, Tankless Water Heater
FlooringVinyl

Exterior

Exterior FeaturesRain Gutters, Private Entrance, RV Hookup, Storage
Lot Size15.33 acres

Building Information

Year Built2018
Stories1
Roof Type105
Garage Spaces3

Land Information

APN99.1242.000.004.00.115
SubdivisionJ C Russell
Land UseResidential
Legal Description1242 J C RUSSELL;763 MEP & PRR CO 15.333 ACRES
Census Tract061000
Assessed Land Value$18,838
Assessed Improvement Value$281,932
Assessment Year2025

About this property

Take a look at this beautiful ranch-style farmhouse situated perfectly on over 15 rolling acres! Enjoy coming home and entering the long driveway that leads you to this peaceful home. This home features two large living areas to relax and wind down with loved ones. Gorgeous updated eat-in kitchen with stainless steel appliances and a built-in island. Easy to care for plank flooring throughout and decorative farmhouse style fans are just a few of the bonus features. This home also offers a huge insulated shop with electricity and covered porch for relaxing. RV hookups are in place to plug into with electric, water, and sewer! Enjoy the morning sunrise or the evening sunset watching the deer from your covered porches. This is the perfect home to raise a family, or enjoy with grandkids and get away from it all. Bonus: Ag Exempt!

Investor Tools

Property Icon
$645,000
Estimated Property Value
$0Estimated Mortgage Balance
$0Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,050 /month
Positive
Cash Flow Estimate:
$1,350 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$551/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,389
$300,770
2025
$18,838
$281,932
$527,260
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,389
$300,770

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
The Cowboy Bank Of Texas
Unknown
$255,000
No
First
Aug 22, 2025
Aug 2026

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$939,405
N/A
0%
146%
$5,677/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,972/mo
$5,677/mo
$-3,705/mo
3.7%

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: Maypearl

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540 Bee Creek School House Road | Property Details | No Agent List