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$375,000

655 S Fm 466, Cost, TX, 78614

$379,000 ARVInfo
Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths3,041 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$124.63 / sqft
Year BuiltBuilt in 1983

Property Lead Type:

Off-Market ListAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 2Bathrooms 2
AppliancesDishwasher, Electric Range, Refrigerator
FlooringVinyl

Exterior

Lot Size1 acre

Building Information

Year Built1983
Garage Spaces3

Land Information

APN5552
Land UseResidential
Legal Description209 CHAS FORDTRAN
Census Tract000600
Assessed Land Value$20,050
Assessed Improvement Value$152,450
Assessment Year2025

About this property

Beautiful remodeled farmhouse on nearly 3 acres! This home features wood look flooring throughout, a bright white kitchen with stainless steel appliances, and granite countertops. This peaceful retreat boats rustic, country side charm while offering the convenience of modern amenities. Featuring 3 spacious bedrooms and 2 bathrooms, this home has been thoughtfully renovated. The large detached garage offers 3 bays and 2 large storage rooms. You do not want to miss this one!

Investor Tools

Property Icon
$375,000
Estimated Property Value
$280,000Estimated Mortgage Balance
$100,772Estimated Equity
25% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$379,000
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,274 /month
Positive
Cash Flow Estimate:
$758 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$281/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,501
$172,500
2025
$20,050
$152,450
$172,500
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,501
$172,500

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Usam I Fund Llc
Building Or Construction Loan
$280,000
No
First
Mar 6, 2025
Oct 2025

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$274,228
$100,772
26%
73%
$1,679/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: Cost

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655 S Fm 466 | Property Details | No Agent List