$307,000
NAL Estimated Property Value776 Briar Cove Drive, Grapeland, TX, 75844
$399,100 ARV
Off Market
Property Lead Type:
Off-Market ListARV FlipAbsentee OwnerHigh Equity
Highlights
Interior
Exterior
Lot Size12,415 sqft
Building Information
Year Built1977
Garage Spaces1
Land Information
APN050900005000000000000
Lot Number13,14
SubdivisionBriar Cove Addn
Land UseResidential
Legal DescriptionBRIAR COVE ADDN LOT 13 PT LOT 14
Census Tract950101
Assessed Land Value$54,250
Assessed Improvement Value$163,500
Assessment Year2025
About this property
Introducing the ultimate lakeside investment opportunity on Houston County Lake! This 4-bed, 2-bath property offers abundant potential as a scenic retreat or weekend getaway. Wall of windows brings stunning lake views right into the living room, this home invites you to relax & enjoy nature year-round. Although a fixer-upper, the property presents an ideal canvas for transformation into a charming camp house or rental destination. Don't miss your chance to invest in this unique lakeside property and create a serene escape with endless possibilities!
Investor Tools
$307,000
Estimated Property Value
$162,565Estimated Mortgage Balance
$144,435Estimated Equity
47% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
$399,100
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,842 /month
Positive
Cash Flow Estimate:
$614 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$213/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,016
$217,750
2025
$54,250
$163,500
$217,750
No
Tax History
Year
Tax Paid
Assessed Value
2025
$1,016
$217,750
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Gateway First Bank
Conventional
$166,500
No
First
Jan 10, 2025
Feb 2055
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$162,565
$144,435
47%
53%
$999/mo
