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$307,000

NAL Estimated Property Value

776 Briar Cove Drive, Grapeland, TX, 75844

$399,100 ARVInfo
Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths1,764 Sq Ft
price_per_sqft$113.38 / sqft
Year BuiltBuilt in 1977

Property Lead Type:

Off-Market ListARV FlipAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms 2Bathrooms 2

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

Property Icon
$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

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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

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.

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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: Grapeland

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776 Briar Cove Drive | Property Details | No Agent List