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$198,000

674 County Road 1513, Alba, TX, 75410

Off MarketInfo
Beds1 Beds
Baths1 Bath
Baths384 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$546.88 / sqft
Year BuiltBuilt in 2022

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 1Bedrooms 1
Bathrooms 1Bathrooms 1
AppliancesElectric Range, Microwave, Tankless Water Heater

Exterior

Exterior FeaturesStorage
Lot Size5.18 acres

Building Information

Year Built2022

Land Information

APN59460
Lot Number4
Land UseResidential
Legal DescriptionLOT 4 5.177 OAK LEAF S/D
Census Tract950402
Assessed Land Value$93,190
Assessed Improvement Value$85,100
Assessment Year2025

About this property

Discover the charm of 5.177 acres nestled just down the street from the renowned Lake Fork. This wooded oasis is equipped with an electric box at both the front and back of the property, an aerobic septic system, and strategically placed water spigots for your convenience. Thoughtfully designed 12 x 32 tiny home (not an RV) features a kitchen that holds a full-size refrigerator, an oven range, built in microwave, full-size washer, dryer hookups and mini-split air conditioner, heat unit. The bathroom has a spacious tub and tankless hot water heater. The downstairs bedroom, currently utilized as storage, adds versatility to the layout. Upstairs has 2 loft areas, cleverly designed to accommodate a king-size bed, with safety railings and accessible electrical outlets. Outside, a storage building adds practicality, and a small pond enhances the picturesque surroundings. This property invites you to embrace the tranquility of nature while relaxing near the famed Lake Fork.

Investor Tools

Property Icon
$198,000
Estimated Property Value
$0Estimated Mortgage Balance
$198,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,260 /month
Positive
Cash Flow Estimate:
$420 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$269/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,243
$178,290
2025
$93,190
$85,100
$178,290
No

Tax History

Year
Tax Paid
Assessed Value
2025
$2,243
$178,290

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$198,000
100%
0%
$0/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: Alba

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674 County Road 1513 | Property Details | No Agent List