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$883,000

NAL Estimated Property Value

6593 Fm 2988 Road, Navasota, TX, 77868

Off MarketInfo
Beds4 Beds
Baths5 Bath
Baths3,141 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$286.21 / sqft
Year BuiltBuilt in 2016

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms 4.5Bathrooms 4.5
Garage AvailableGarage Available
AppliancesElectric Oven, Microwave, Electric Range
FlooringTile

Exterior

Private PoolPrivate Pool
Exterior FeaturesOutdoor Kitchen
Lot Size11.38 acres

Building Information

Year Built2016
Stories1
Garage Spaces2

Land Information

APNR58759
Land UseOther / Unknown
Legal DescriptionA0059 J WALLACE, TRACT 70-3, ACRES 11.378
Census Tract180101
Assessment Year2025

About this property

Drive through your beautiful Texas style iron gates to your stunning 11.378 acre Texas Ranch. This home features four bedrooms each with their own full bath plus 1/2 bath for guests. Open floor plan with a chef's dream kitchen that boasts granite counter tops, stainless steel appliances, lovely cabinetry with glass and under cabinet lighting. Large dining room to host those family dinners. Massive primary bath with granite, double sinks, huge shower, dressing area and his and her closets. Step outside to your covered back patio the width of the home, complete with ceiling fans and outdoor kitchen! Relax in the stunning in-ground pool with it's own large covered pavilion for more entertaining space. All this and so much more! Make your appointment today to see this home in person. Interior of home has been just fleshly repainted.

Investor Tools

Property Icon
$883,000
Estimated Property Value
$720,480Estimated Mortgage Balance
$162,520Estimated Equity
18% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$5,394 /month
Positive
Cash Flow Estimate:
$1,798 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,143/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$9,307
N/A
2025
N/A
N/A
$1,245,110
No

Tax History

Year
Tax Paid
Assessed Value
2025
$9,307
N/A

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Farm Credit Mid American Flca
Purchase Money Mortgage
$743,750
No
First
Aug 29, 2024
Sep 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$720,480
$162,520
18%
82%
$4,460/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,630/mo
$4,460/mo
$-2,830/mo
2.2%

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: Navasota

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6593 Fm 2988 Road | Property Details | No Agent List