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$412,000

662 Lcr 650, Thornton, TX, 76687

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,440 Sq Ft
FarmFarm
price_per_sqft$170.14 / sqft
Year BuiltBuilt in 2014

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 2Bathrooms 2
AppliancesElectric Water Heater, Microwave
FlooringLaminate

Exterior

Lot Size35.57 acres

Building Information

Year Built2014

Land Information

APNR9587
Land UseResidential
Legal DescriptionA541 H L THOMPSON, TRACT 7, ACRES 35.568
Census Tract970800
Assessment Year2024

About this property

Ready to escape the city to enjoy the country lifestyle? Enjoy the seclusion of ranch style living at it's best in this lovely metal 3 bedroom, 2 bath home on 35 acres. Located only 10 miles from Groesbeck, this property is ideal for full time or weekend recreational pleasures. Relax and watch the deer and other wildlife from the covered front porch after you take the family for 4-wheelin' fun or fishining in one of the two ponds. Good mix of woods and open land, this property offers so much for the outdoor enthusiast. Whatever your choice of lifestyle, country living near Thornton could just be the best!

Investor Tools

Property Icon
$412,000
Estimated Property Value
$262,405Estimated Mortgage Balance
$173,285Estimated Equity
36% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,472 /month
Positive
Cash Flow Estimate:
$824 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$419/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,964
$108,590
2024
N/A
N/A
$352,480
No

Tax History

Year
Tax Paid
Assessed Value
2022
$2,964
$108,590

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Clearpath Lending
Va
$262,405
Yes
First
Aug 4, 2021
Sep 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$238,715
$173,285
42%
58%
$1,574/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: Thornton

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662 Lcr 650 | Property Details | No Agent List