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$618,980

NAL Estimated Property Value

724 Thomas Rd, Poteet, TX, 78065

Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths2,670 Sq Ft
price_per_sqft$262.17 / sqft
Year BuiltBuilt in 2019

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
AppliancesCooktop, Dishwasher, Microwave, Oven, Range
FlooringCeramic Tile

Exterior

Private PoolPrivate Pool
Lot Size12 acres

Building Information

Year Built2019
Garage Spaces2

Land Information

APNR206807
Land UseResidential
Legal DescriptionABS A00602 M MANGUM SV-1091 1/2,12. ACRES
Census Tract960205
Assessed Land Value$126,000
Assessed Improvement Value$492,980
Assessment Year2025

About this property

A true South Texas country paradise! This turnkey 4-bedroom, 2-bathroom home with a dedicated office sits atop a hill on 12 unrestricted, ag-exempt acres filled with mature oak trees. With both Homestead and Agricultural tax exemptions in place, this property offers incredible value and privacy. Built to last, the home features a full stone exterior, cement fiber trim, and a 24-gauge standing seam metal roof. Enjoy panoramic sunrise and sunset views from your backyard or unwind on the 20x20 concrete patio next to the in-ground pool and custom wood-burning fireplace. Inside, you'll be welcomed by a stunning foyer with custom ceilings and an office to the left. The open-concept living space features soaring 19-ft vaulted ceilings with wood beam accents, creating a warm and inviting South Texas feel. The kitchen includes a large island with seating for 6+, granite countertops, stainless steel appliances, and a dining area that seats 10+! The oversized primary suite offers a luxurious en-suite bath with a soaking tub, large walk-in shower with dual rain heads and bench, and a huge custom closet with shelving, rods, and a shoe rack. Secondary bedrooms are generously sized, each with walk-in closets and space for king-size beds. Additional interior highlights include wood-look tile throughout, high-end fixtures, 6-inch baseboards, and a thoughtfully designed laundry room with a soaking sink, folding space, and built-in storage. Outdoor features abound landscaping, an outdoor shower, a chicken coop shaded by mature oaks, and two concrete-mounted dog kennels within a 50x60 fenced run. The property is cross fenced for cattle and includes a greenhouse for gardening. Power, water, and lighting have been extended to all animal and garden areas for easy maintenance. This one-of-a-kind home combines comfort, craftsmanship, and countryside living. Schedule your showing today!

Investor Tools

Property Icon
$618,980
Estimated Property Value
$289,998Estimated Mortgage Balance
$328,982Estimated Equity
53% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,200 /month
Positive
Cash Flow Estimate:
$1,400 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$872/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,375
$618,980
2025
$126,000
$492,980
$618,980
No

Tax History

Year
Tax Paid
Assessed Value
2025
$7,375
$618,980

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Randolph Brooks Fcu
Building Or Construction Loan
$340,000
No
First
Jan 24, 2019
Apr 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$289,998
$328,982
53%
47%
$2,039/mo

City: Poteet

724 Thomas Rd | Property Details | No Agent List