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$195,090

NAL Estimated Property Value

6023 Fm 2990, Ladonia, TX, 75449

Off MarketInfo
Beds2 Beds
Baths2 Bath
Baths1,200 Sq Ft
FarmFarm
price_per_sqft$716.92 / sqft
Year BuiltBuilt in 2018

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms 2Bathrooms 2
AppliancesDishwasher, Gas Range, Microwave, Plumbed For Ice Maker, Vented Exhaust Fan
FlooringCarpet, Concrete

Exterior

Lot Size1.63 acres

Building Information

Year Built2018

Land Information

APN100271
Land UseAgriculture / Farming
Legal DescriptionA0269 D DAVIS, ACRES 1.627
Census Tract950500
Assessed Land Value$13,520
Assessed Improvement Value$181,570
Assessment Year2025

About this property

On this one-of-kind property you will find a spectacular barndominium, and some of the most scenic property around. The home has many upgrades in the eat-in kitchen... beautiful oak cabinetry, granite countertops, breakfast bar, and much more! Relax on the oversized back covered porch. The property is located near the future Ralph Hall Lake with a completion date of 2026 and backs up to a mitigation zone of the lake. The property has an approx. 5-acre lake that is shared with the neighbor, scattered majestic native pecans, tree lined creek and rolling topography. The property has the potential for being a small hunting ranch. See the supplements of this listing for aerials, Ralph Hall Lake info + more.

Investor Tools

Property Icon
$195,090
Estimated Property Value
$64,343Estimated Mortgage Balance
$130,747Estimated Equity
67% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$5,162 /month
Positive
Cash Flow Estimate:
$1,721 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$279/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,376
$195,090
2025
$13,520
$181,570
$195,090
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,376
$195,090

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Guild Mortgage Co
Conventional
$71,000
No
First
Jun 21, 2021
Jul 2034

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$64,343
$130,747
67%
33%
$426/mo

City: Ladonia

6023 Fm 2990 | Property Details | No Agent List