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$582,000

725 County Road 132, Whitesboro, TX, 76273

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths2,088 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$349.62 / sqft
Year BuiltBuilt in 2005

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Gas Oven, Microwave, Tankless Water Heater
FlooringConcrete, Painted/Stained

Exterior

Exterior FeaturesRain Gutters, Storage
Lot Size3.26 acres

Building Information

Year Built2005
Roof Type105
Garage Spaces5

Land Information

APN327991
Lot Number2
SubdivisionSpencer Acres
Land UseRural Land Non Qualified Ag & Res Improvement
Legal DescriptionSPENCER ACRES ; 2722; BLOCK A; LOT 2; 3.265
Census Tract000100
Assessed Land Value$146,781
Assessed Improvement Value$352,419
Assessment Year2025

About this property

Wow! 15 acres a few miles north of Whitesboro on desirable Bones Chapel Rd (Country Road 132). Great 3 bed 2 bath brick home with metal roof. Concrete etched stained floors throughout. You will love the oversized garage with a safe room in it. Large sun porch to enjoy the country! 30ft x 40 ft with tall roll up doors on each end for Boats or RV, concrete flooring and electric & plumbed for water. Currently wildlife management Exempt for much lower taxes. Plenty of room to put your arena and convert shop into barn or build the barn you wish. Small storage building. 2 sided road frontage and off a black top road! Come check this one out!

Investor Tools

Property Icon
$582,000
Estimated Property Value
$388,000Estimated Mortgage Balance
$202,584Estimated Equity
33% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,380 /month
Positive
Cash Flow Estimate:
$1,460 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$850/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
N/A
$499,200
2025
$146,781
$352,419
$499,200
No

Tax History

Year
Tax Paid
Assessed Value
2024
N/A
$499,200

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
First State Bank
Commercial
$388,000
No
First
Feb 18, 2025
Mar 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$379,416
$202,584
34%
65%
$2,327/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,580/mo
$2,327/mo
$-747/mo
3.3%

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: Whitesboro

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725 County Road 132 | Property Details | No Agent List