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$358,000

NAL Estimated Property Value

7440 W US Hwy 290, Johnson City, TX, 78636

Off MarketInfo
Beds— Beds
Baths1 Bath
Baths564 Sq Ft
FarmFarm

Highlights

Interior

Bedrooms —Bedrooms —
Bathrooms Full 1Bathrooms Full 1

Exterior

Lot Size2.77 acres

Land Information

APNR7157
SubdivisionAbs A0123 Survey 50 J.W. Craig
Land UseResidential
Legal DescriptionABS A0123 SURVEY 50 J.W. CRAIG,ACRES 2.767
Census Tract950101
Assessed Land Value$260,460
Assessed Improvement Value$29,220
Assessment Year2025

About this property

Prime Location! Unleash your creativity on this rare 3+- acres nestled between Johnson City and Hye, right off US Hwy 290. With approximately 330 feet of road frontage, a water well, this mostly level tract offers endless possibilities. The 660 sq ft cabin, a diamond in the rough, features 1 bed, 1 bath, open kitchen, dining, and living areas. Whether you're envisioning a cozy home, an office, a tasting room, or a commercial venture, this property is your canvas. Confirm the acreage with a new survey and seize the opportunity to be part of the Texas Hill Country Wine and Spirits Trail.

Investor Tools

Property Icon
$358,000
Estimated Property Value
$239,374Estimated Mortgage Balance
$118,626Estimated Equity
33% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,148 /month
Positive
Cash Flow Estimate:
$716 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$476/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,917
$289,680
2025
$260,460
$29,220
$289,680
No

Tax History

Year
Tax Paid
Assessed Value
2025
$3,917
$289,680

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Rocket Mortgage Llc
Conventional
$247,500
No
First
May 17, 2024
Jun 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$239,374
$118,626
33%
67%
$1,484/mo

City: Johnson City

7440 W US Hwy 290 | Property Details | No Agent List