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$143,000

NAL Estimated Property Value

693 Fm 227 E, Grapeland, TX, 75844

$151,800 ARVInfo
Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,305 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$180.08 / sqft
Year BuiltBuilt in 1984

Property Lead Type:

Absentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 2Bathrooms 2
AppliancesMicrowave, Electric Oven

Exterior

Lot Size2.12 acres

Building Information

Year Built1984

Land Information

APN007170013000000000061
SubdivisionJ Ellison
Land UseResidential
Legal DescriptionM P MEAD & J ELLISON AB 717 AB 367 1.577 AC .539 AC
Census Tract950102
Assessed Land Value$16,500
Assessed Improvement Value$120,680
Assessment Year2025

About this property

A MUST SEE!!!! Move in ready 3 bedroom 2 bath home with just under 15 acres. This beautiful home has a large open concept kitchen, dining and living area. You will find countless updates in the kitchen including granite counter top, new back splash and stainless-steel appliances. New wood plank flooring has been installed in the kitchen, dining, living, hallway and master bedroom. The living area offers built-in shelving and a wood burning stone fireplace. This home offers nice sized bedrooms, walk-in closets and lots of windows. Both bathrooms have been updated with granite counter tops and more. Outside you will find a great sized back patio perfect for enjoying the view of the 14.49 acres of land. There is also a sprinkler system, new metal roof, beautiful red piped entrance that goes around the whole yard. Do not miss out on this property call us to see it today!

Investor Tools

Property Icon
$143,000
Estimated Property Value
$158,497Estimated Mortgage Balance
$143,000Estimated Equity
20% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$151,800
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,410 /month
Positive
Cash Flow Estimate:
$470 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$100/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$485
$137,180
2025
$16,500
$120,680
$137,180
No

Tax History

Year
Tax Paid
Assessed Value
2025
$485
$137,180

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Commercial Bank Of Texas Na
Fha
$178,062
Yes
First
Jul 22, 2019
Sep 2049

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$158,497
$41,503
20%
111%
$1,097/mo

City: Grapeland