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$543,000

NAL Estimated Property Value

7352 Iris Ln, Ore City, TX, 75683

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths2,016 Sq Ft
price_per_sqft$282.69 / sqft
Year BuiltBuilt in 2021

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
AppliancesGas Water Heater

Exterior

Lot Size11.26 acres

Building Information

Year Built2021
Garage Spaces4

Land Information

APN7642
Lot Number1
Land UseResidential
Legal DescriptionLOT 1NPT, BLK 10 GARDNER ESTATES S158 (A130,A177,A285) 11.26 ACRES (+.40 IN RD) & HOUSE
Census Tract950101
Assessed Land Value$79,760
Assessed Improvement Value$418,680
Assessment Year2025

About this property

SECLUSION MEETS STYLE in this thoughtfully designed rural haven! Nestled among 11.26 partially-wooded acres, this unique property offers a serene country atmosphere with plenty of privacy. Constructed in 2021, this wheelchair accessible 3BR/2BA barndominium provides open-concept living with custom finishes, 10' ceilings throughout, large owner's suite with wheelchair accessible shower, abundant storage, tankless water heater, granite countertops, gas range, farmhouse sink, beautiful crown molding, ambient lighting, large mud room, and so much more! The expansive porches provide the perfect space for entertaining, or enjoying morning coffee while overlooking the park-like back yard. The insulated 60'X40' metal workshop features 23' ceilings & 14' roll-up doors, ensuring adequate access for RVs, boats, and ATVs. Woodworking or automotive enthusiast are sure to enjoy this grand workshop, designed with sturdy shelving, numerous electrical outlets, and 220s located at each end of the building. Additional full bathroom and laundry room are conveniently located within the workshop, making clean-up a breeze! Giant RV canopy is able to accommodate even the largest of RVs, and is equipped with full RV hookups. Bring your things and your DREAMS and make this one-of-a-kind property your very own!

Investor Tools

Property Icon
$543,000
Estimated Property Value
$402,580Estimated Mortgage Balance
$140,420Estimated Equity
25% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,419 /month
Positive
Cash Flow Estimate:
$1,140 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$843/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,404
$498,440
2025
$79,760
$418,680
$498,440
No

Tax History

Year
Tax Paid
Assessed Value
2025
$7,404
$498,440

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
East Texas Professional Cu
Unknown
$404,925
No
First
Jan 13, 2026
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$402,580
$140,420
25%
74%
$2,428/mo

City: Ore City

7352 Iris Ln | Property Details | No Agent List