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Days31Days on Market
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$397,500

$435,000

588 S County Rd 430, Goldthwaite, TX, 76844

On MarketInfo
Price DropInfo
Beds1 Beds
Baths1 Bath
Baths720 Sq Ft
FarmFarm
price_per_sqft$552.08 / sqft
Year BuiltBuilt in 1980

Highlights

Interior

Bedrooms 1Bedrooms 1
Bathrooms 1Bathrooms 1
AppliancesElectric Range, Microwave, Refrigerator
FlooringLaminate

Exterior

Exterior FeaturesOutdoor Grill, RV Hookup
Lot Size19.50 acres

Land Information

APNR000011029
Land UseVacant Land
Legal DescriptionACRES: 19.500 WS COUNTY ROAD MICHAEL RHYNE ABST-561
Census Tract950200
Assessed Land Value$443,850
Assessment Year2025

About this property

Colorado River Frontage – 20 Acres with Cabin Discover your own private retreat with approximately 400 feet of Colorado River frontage in the southwest portion of Mills County on CR 430, a quiet dead-end road offering privacy and seclusion. Situated on a high point overlooking the river, the 720-square-foot cabin (per MCAD) captures stunning views and peaceful surroundings. The cabin features a full kitchen with bar seating, open living and dining area, bathroom with shower, and sleeping area. Recent renovations are nearing completion and include new flooring, fresh interior paint, a new bathroom vanity, and a new metal roof. The spacious 200-square-foot covered front porch is ideal for grilling, entertaining, or simply relaxing and taking in the peace and quiet. RV hookups are conveniently located on the south side of the cabin—perfect for hosting family and friends. A water well with a recently installed new pump services the property. Fiber optic internet is available through a local provider, and electricity is supplied by Hamilton County Electric Co-op. Property is currently under Ag Exemption. The land features open grassy areas transitioning into beautiful river-bottom terrain with century old live oaks, pecans, elms, cottonwoods, and native browse. Whether you enjoy kayaking, fishing, hunting, or hiking, this property offers endless recreational opportunities. Rich in local history, the area includes a historic hand-built rock irrigation ditch, Indian artifact discoveries, and the nearby old Renfro Dam—once used to power a grist mill—which still stands and contributes to deeper water along this stretch of the river. They say dynamite comes in small packages—and this property proves it. Everything is in place and ready for you to enjoy.

Investor Tools

$0Estimated Mortgage Balance
$4,440Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,385 /month
Positive
Cash Flow Estimate:
$795 /month

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Janette Padgett

Janette Padgett Real Estate

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$7/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$64
$4,440
2025
$443,850
N/A
$443,850
No

Tax History

Year
Tax Paid
Assessed Value
2025
$64
$4,440

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$4,440
100%
0%
$0/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: Goldthwaite

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588 S County Rd 430 | Property Details | No Agent List