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$459,900

7017 Verbena Rd, Ore City, TX, 75683

On MarketInfo
Just AddedInfo
Beds6 Beds
Baths3 Bath
Baths2,654 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$173.29 / sqft
Year BuiltBuilt in 1986

Property Lead Type:

Absentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 6Bedrooms 6
Bathrooms Full 3Bathrooms Full 3
Bathrooms Half 1Bathrooms Half 1
AppliancesDishwasher, Microwave, Electric Oven, Electric Water Heater
FlooringVinyl

Exterior

Lot Size2.24 acres

Building Information

Year Built1986
Garage Spaces2

Land Information

APN52847
Land UseResidential
Legal DescriptionABS A10 ASHER, ROBERTSON,TRACT 86, 2.24 ACRES & HOUSE
Census Tract950102
Assessed Land Value$43,210
Assessed Improvement Value$241,520
Assessment Year2025

About this property

Welcome to 7017 Verbena Road in Ore City, Texas- a rare opportunity to own a beautifully updated property designed for multigenerational living on 2.24 acres, located less than 5 miles from Lake O’ Pines. The main home offers 2,654 square feet, 6 bedrooms, 3.5 bathrooms, and an oversized garage with the convenience of a two-car garage door and the space of a three-car garage. Whether you have a large family, need space for guests, work from home, or simply enjoy having room to spread out, this property offers the flexibility you've been looking for. In 2022, the home underwent an extensive renovation with major improvements throughout, including a new roof, gutters, septic system, windows, interior and exterior paint, flooring throughout, interior doors, lighting, ceiling fans, showers, tubs, and vanities. The home is equipped with two HVAC systems, one serving the upstairs and one serving the downstairs, providing year-round comfort and efficiency. The spacious floor plan offers room for everyone, while three of the bathrooms feature double-sink vanities to help make busy mornings easier. Every detail was thoughtfully updated to create a move-in ready home that blends comfort, functionality, and style. What truly sets this property apart is the detached 1-bedroom, 1-bathroom guest home built in 2024. Offering approximately 1,000 square feet of living space, this second residence includes its own kitchen, bathroom, septic system, and electric service. Whether you're accommodating aging parents, adult children, extended family, long-term guests, or looking for potential rental income, this setup provides a rare opportunity for true multigenerational living. Outside, you'll enjoy 2.24 acres of space to relax, entertain, garden, or simply enjoy country living while still being conveniently located near town. If you've been searching for a property that offers two homes, extensive updates, and endless possibilities for multigenerational living, 7017 Verbena Road is a must-see. Schedule your private showing today and experience everything this unique property has to offer.

Investor Tools

Property Icon
$460,000
Estimated Property Value
$227,000Estimated Mortgage Balance
$246,597Estimated Equity
51% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,760 /month
Positive
Cash Flow Estimate:
$920 /month

Interested in this property?

Emiley Brown

Elevate Haven Realty LLC

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$448/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,078
$284,730
2025
$43,210
$241,520
$284,730
No

Tax History

Year
Tax Paid
Assessed Value
2025
$3,078
$284,730

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Guaranty Bank & Trust Na
Conventional
$227,000
No
First
Apr 19, 2023
May 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$213,774
$234,226
52%
46%
$1,361/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: Ore City

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