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$498,000

NAL Estimated Property Value

551 Pilgrims Rest, Pecan Gap, TX, 75469

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths3,492 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$185.85 / sqft
Year BuiltBuilt in 1989

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms 2.5Bathrooms 2.5
AppliancesDishwasher, Electric Water Heater, Refrigerator
FlooringCarpet, Hardwood

Exterior

Exterior FeaturesDog Run
Lot Size5.48 acres

Building Information

Year Built1989
Garage Spaces2

Land Information

APN3055
Land UseResidential
Legal Description0199 C JURNIGAN TRACT 56-1 ACRES 5.482
Census Tract950100
Assessed Land Value$88,010
Assessed Improvement Value$345,680
Assessment Year2025

About this property

Everyone wants a modern farm house, on a few acres, with a water view and a solar system... your search is over and better yet it is in reasonably taxed Delta County and a short drive to the new Lake Ralph Hall. The value will attract you. Enter this 5.4 acre parcel through a metal automated gate. The park like setting, complete with pecan and fruit trees, a fenced dog run and a lake view, will make you want to stay outside. However, once you step inside, you will want to put down roots. The design boast functionality with the primary bedroom downstairs and 3 bedrooms with a media room or office, and loft upstairs. The kitchen, complete with a wood burning fire place, sunroom and vaulted great room, with a wet bar, sets the stage for life, growth and entertaining. Since electricity is so cheap, the owner will appreciate the paid in full solar system. The Tesla wall charger is negotiable. Information is deemed reliable; however, buyer is encourage to perform due diligence.

Investor Tools

Property Icon
$498,000
Estimated Property Value
$0Estimated Mortgage Balance
$498,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,894 /month
Positive
Cash Flow Estimate:
$1,298 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$495/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,453
$433,690
2025
$88,010
$345,680
$433,690
No

Tax History

Year
Tax Paid
Assessed Value
2025
$3,453
$433,690

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$498,000
100%
0%
$0/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: Pecan Gap

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551 Pilgrims Rest | Property Details | No Agent List