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$246,000

NAL Estimated Property Value

6440 W Highway 199, Springtown, TX, 76082

Off MarketInfo
Beds2 Beds
Baths1 Bath
Baths824 Sq Ft
price_per_sqft$192.96 / sqft

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms 1Bathrooms 1
Garage AvailableGarage Available
AppliancesGas Cooktop, Gas Range
FlooringCarpet

Exterior

Lot Size1.60 acres

Building Information

Stories1
Garage Spaces1

Land Information

APN21731-006-000-00
Land UseResidential
Legal DescriptionACRES: 1.599 ABST: 1731 SURVEY: DAVIS J M
Census Tract140410
Assessed Land Value$108,760
Assessed Improvement Value$101,740
Assessment Year2025

About this property

Country home on 1.59 acres with a large, brand new 40 x 40 workshop. The workshop has a concrete floor, plumbed for two baths and fully insulated. The workshop also features an overhead door and an extra tall ceiling. The home features a 20 x 20 metal carport and a metal roof. It also has a 16 x 8 covered concrete patio with private access to the second bedroom. Utility room has an on-demand water system. Window units and propane space heaters will convey. ALL OFFERS WELCOME!

Investor Tools

Property Icon
$246,000
Estimated Property Value
$108,715Estimated Mortgage Balance
$137,285Estimated Equity
55% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,476 /month
Positive
Cash Flow Estimate:
$492 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$359/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
N/A
$210,500
2025
$108,760
$101,740
$210,500
No

Tax History

Year
Tax Paid
Assessed Value
2025
N/A
$210,500

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Guild Mortgage Co
Conventional
$128,040
No
First
Nov 15, 2018
Dec 2048

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$108,715
$137,285
55%
44%
$768/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.

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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: Springtown

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6440 W Highway 199 | Property Details | No Agent List