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$314,820

NAL Estimated Property Value

7694-7698 Fm 359 Road, Pattison, TX, 77423

Off MarketInfo
Beds2 Beds
Baths1 Bath
Baths1,920 Sq Ft
price_per_sqft$364.58 / sqft
Year BuiltBuilt in 2022

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms 1Bathrooms 1
Garage AvailableGarage Available
AppliancesMicrowave, Dishwasher
FlooringConcrete

Exterior

Lot Size2.64 acres

Building Information

Garage Spaces6

Land Information

APN325100-013-002-100
SubdivisionA-251 William Slater
Land UseAgriculture / Farming
Legal DescriptionABS A325100 A-251 WILLIAM SLATER TRACT 13-2 ACRES 2.6402
Census Tract680201
Assessed Land Value$263,260
Assessed Improvement Value$51,560
Assessment Year2025

About this property

Discover this 4.586 acre UNRESTRICTED country property and according to the owners, it has NEVER FLOODED! You will enter through electronic gate access to find a RENOVATED BARNDOMINIUM with over 1,600sf of insulated storage. ADDITIONALLY, there is a 50'x40' shop area that currently houses (2) RV's. These two units allow for over 3,600sf of total storage! The barndo has 12'6"(w)x14'(h) and 10'(w)x8'(h) doors. The fully insulated shop has three(3) 14'x14' doors and another 10'x10' side access door. Some things that you will love about this property are it's 245' well w/2hp SS pump and 315 gallon water tank; a 771 gallon septic w/recent upgrades; double insulation on the shops for added for extra energy efficiency; and a small livestock barn for FFA projects. Located off FM359 with almost 780' of frontage, this property could easily be used as your next income producing commercial venture as well. Come and enjoy country living at it's finest! (See Drone Video tour link!)

Investor Tools

Property Icon
$314,820
Estimated Property Value
$512,590Estimated Mortgage Balance
$314,820Estimated Equity
0% 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
$131/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
N/A
$314,820
2025
$263,260
$51,560
$314,820
No

Tax History

Year
Tax Paid
Assessed Value
2024
N/A
$314,820

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
United Wholesale Mortgage
Conventional
$525,000
No
First
Jan 24, 2025
Feb 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$512,590
N/A
0%
163%
$3,148/mo

City: Pattison

7694-7698 Fm 359 Road | Property Details | No Agent List