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$194,000

700 Garmon Dr, Early, TX, 76802

$220,005 ARVInfo
Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,384 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$198.7 / sqft
Year BuiltBuilt in 1945

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 2Bathrooms 2
AppliancesDishwasher, Electric Range, Microwave

Exterior

Lot Size3 acres

Building Information

Year Built1945

Land Information

APN11887
SubdivisionJames B Bennett Survey 16 Abstract
Land UseResidential
Legal DescriptionJAMES B BENNETT, SURVEY 16, ABSTRACT 58, ACRES 3.0
Census Tract951200
Assessed Land Value$36,000
Assessed Improvement Value$152,100
Assessment Year2025

About this property

Charming Farmhouse on Acreage with Commercial Potential – Early, TX Welcome to 700 Garmin Dr., a beautifully remodeled farmhouse nestled on 2.93 scenic acres just outside of town—yet conveniently located within the city limits of Early, Texas. This unique property offers the perfect blend of peaceful country living with valuable commercial opportunity. The 1384 sq. ft. home has been thoughtfully updated and features a spacious primary suite with an en suite bath complete with double vanities, granite countertops, a large walk-in shower, and stylish finishes. The home showcases a blend of laminate, carpet, and tile flooring throughout, along with a warm, modern farmhouse design. The kitchen is a standout, offering granite countertops, subway tile backsplash, stainless steel appliances, and a tasteful color palette of light gray, white, and black accents. The open-concept layout seamlessly connects the kitchen, dining, and living areas—ideal for both everyday living and entertaining. Additional highlights include:     •    New AC unit (less than 1 year old)     •    Spray foam insulation in the attic, gables, and primary suite walls for energy efficiency     •    Pier and beam foundation with slab foundation under the primary suite addition     •    Second bathroom with tub-shower combo     •    Large laundry room and convenient mudroom Step outside to enjoy a fenced and cross-fenced backyard, complete with a dog run and plenty of space for children to play. The property also features an attached carport, a charming front porch, metal roof, and a circular drive for easy access. Positioned in the center of the acreage, the land on both sides of the home offers excellent potential for commercial use, per city zoning—making this property a rare investment opportunity. Properties like this don’t come along often. Whether you’re looking for a homestead, business opportunity, or both—this one is a must-see!

Investor Tools

Property Icon
$194,000
Estimated Property Value
$100,000Estimated Mortgage Balance
$108,706Estimated Equity
48% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,650 /month
Positive
Cash Flow Estimate:
$550 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$305/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,685
$188,100
2025
$36,000
$152,100
$188,100
No

Tax History

Year
Tax Paid
Assessed Value
2025
$2,685
$188,100

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Prosperity Bank
Conventional
$100,000
No
First
Jan 11, 2019
Jan 2049

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$85,294
$108,706
56%
44%
$600/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.

Explore Texas Explore This Area
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: Early

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700 Garmon Dr | Property Details | No Agent List