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$507,000

548 Belcher Road, Bowie, TX, 76230

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,533 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$148.05 / sqft
Year BuiltBuilt in 1979

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms 2.5Bathrooms 2.5
AppliancesDishwasher, Electric Cooktop, Electric Oven, Microwave, Refrigerator
FlooringCarpet, Vinyl

Exterior

Exterior FeaturesStorage
Lot Size3.09 acres

Building Information

Year Built1979

Land Information

APNR000009076
Land UseResidential
Legal DescriptionACRES: 3.090 AB 319 BLK 65 PT OF TRACT 11 HILL CSL SURVEY
Census Tract950402
Assessed Land Value$76,510
Assessed Improvement Value$249,370
Assessment Year2025

About this property

Vintage 4 bedroom home on a little over 3 acres. Privately situated at the end of Belcher Road with lots of trees. Class 4 impact resistant metal roof installed in 2009. New Trane HVAC installed in 2016. Newer Low E tilt out windows with argon gas. Solid construction with 2x6 walls. Wood burning fireplace with blower fan. Formal dining area could be used as a study or home office. Split bedrooms with spacious secondary bedrooms. Covered patio. Attached carport with additional storage. 40x30 metal workshop with electric and two pull up doors for extra parking. Small wooden storage building. Well and conventional septic. Septic system tanks and lines replaced in 20080. Fenced and cross fenced. Water softener. Beautiful peaceful setting. Solid home that just needs some cosmetic updating to make it your own!

Investor Tools

Property Icon
$507,000
Estimated Property Value
$0Estimated Mortgage Balance
$152,211Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,042 /month
Positive
Cash Flow Estimate:
$1,014 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$346/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,617
$325,880
2025
$76,510
$249,370
$325,880
No

Tax History

Year
Tax Paid
Assessed Value
2025
$1,617
$325,880

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Rocket Mortgage Llc
Fha
$353,479
Yes
First
Oct 19, 2022
Nov 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$354,789
$152,211
30%
70%
$2,275/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: Bowie

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