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$497,000

NAL Estimated Property Value

577 Union Chapel RD, Cedar Creek, TX, 78612

$537,875 ARVInfo
Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths2,128 Sq Ft
Manufactured HomeManufactured Home
price_per_sqft$373.59 / sqft
Year BuiltBuilt in 2021

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 2Bathrooms 2

Exterior

Lot Size4.59 acres

Building Information

Stories1

Land Information

APNR23014
Lot Number11
SubdivisionBluebonnet Acres Sec 1
Land UseResidential
Legal DescriptionBLUEBONNET ACRES SEC 1, BLOCK 5, LOT 11, ACRES 4.5910
Census Tract950303
Assessed Land Value$439,006
Assessed Improvement Value$12,242
Assessment Year2025

About this property

Unique property located on the frontage of highway 71 in rapidly growing Cedar Creek. Located about 15 minutes from the airport, this property includes an income producing wood cutting business. Financials are available for those who are seriously interested. This property includes two homes, a small private pond and a wood cutting business . Located along the highway 71 frontage with 200 feet of frontage access, this well priced property is ideal for many purposes. Rapid growth along the highway 71 corridor makes this property a must have. Bring your business and located it on your property and save a great deal in taxes. The property also includes a large storage building this is currently being used as hobby room. The property has four 200 amp services located on various parts of the property. One for each home, one for the wood cutting business and one that has four 50 amp breakers.

Investor Tools

Property Icon
$497,000
Estimated Property Value
$702,317Estimated Mortgage Balance
$0Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$537,874
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,770 /month
Positive
Cash Flow Estimate:
$1,590 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$552/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,139
$451,248
2025
$439,006
$12,242
$451,248
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,139
$451,248

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Group Investment Holdings Llc
Purchase Money Mortgage
$725,000
No
First
Jul 9, 2024
Jul 2026

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$702,317
N/A
0%
141%
$4,347/mo

Learn About the Market: Opportunity in Texas

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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: Cedar Creek

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577 Union Chapel RD | Property Details | No Agent List