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$866,000

NAL Estimated Property Value

5712 County Road 402, Grandview, TX, 76050

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths3,905 Sq Ft
price_per_sqft$224.07 / sqft
Year BuiltBuilt in 1996

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Bathrooms Half 1Bathrooms Half 1
AppliancesDishwasher, Disposal, Electric Water Heater, Vented Exhaust Fan
FlooringStone, Tile, Vinyl

Exterior

Private PoolPrivate Pool
Exterior FeaturesRain Gutters, Storage
Lot Size9.82 acres

Building Information

Year Built1996
Garage Spaces3

Land Information

APN126.0912.00161
Land UseResidential
Legal DescriptionABST 912 TR 32A T WELLS
Census Tract130501
Assessed Land Value$216,040
Assessed Improvement Value$376,191
Assessment Year2025

About this property

Come home to the tranquility of country living in your own little paradise- Gorgeous 3000+sqft, 2 story home, PLUS almost new 1000sqft guest home nestled on almost 10 acres, HUGE workshop with large office, Grandview ISD; The 4-2.5-2 primary residence has been updated with new roof 2023, both AC units replaced upstairs 2021 & downstairs 2024, new windows 2024, new gutters with leaf screens 2024, RO system, new flooring & trim downstairs 2025, garage with AC & epoxy floors. Granite counters, attractive & abundant cabinetry, 2 fireplaces, big bright windows throughout with breathtaking views of the heavily wooded surroundings. The 2nd residence is built with the same high standards & amenities as the main home & features 1 bedrm, 1.5 bath, even it's own rock FP, laundry rm, patio & pergola. Gigantic 32x48 workshop with wrap-around porch & multiple AC units, spray foam insulation, finished out office & half bath- 2 extra rooms with AC have been added & can either be finished or removed; Relax in the backyard oasis around the firepit, or float in the sparkling pool with beach area, fountains, & typhoon slide, all centrally located with views from both homes; Backyard has metal fencing for the dogs & 2 gazebos strategically placed among the common outdoor space; Plenty of room so bring the animals- abundant animal enclosures, fully fenced with shelter-barns, perfect for 4H or FFA projects; Inviting shaded paths have been cleared for walking, riding ATVs, or for animals to roam on this fully-fenced property; Additional 4-car carport as well; All situated behind pipe fencing and a solar-powered double front gate. Conveniently located near schools, shopping, & major highways. This rare find offers a beautiful mix of privacy and space, plus flexibility so pack your bags- Bring the family, animals, & all the toys- Don't miss this unique opportunity to own it all! Refrigerator in main house and washer-dryer in both homes negotiable. This is a steal so bring your buyers!

Investor Tools

Property Icon
$866,000
Estimated Property Value
$416,582Estimated Mortgage Balance
$449,418Estimated Equity
51% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$5,250 /month
Positive
Cash Flow Estimate:
$1,750 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$985/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,489
$592,231
2025
$216,040
$376,191
$592,231
No

Tax History

Year
Tax Paid
Assessed Value
2025
$7,489
$592,231

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Guild Mortgage Co
Va
$467,000
Yes
First
Oct 9, 2020
Nov 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$416,582
$449,418
51%
48%
$2,800/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,572/mo
$2,800/mo
$-228/mo
3.6%

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: Grandview

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5712 County Road 402 | Property Details | No Agent List