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$82,000

7938 County Road 321, Blanket, TX, 76432

PendingInfo
Beds1 Beds
Baths1 Bath
Baths512 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$160.16 / sqft
Year BuiltBuilt in 2011

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 1Bedrooms 1
Bathrooms 1Bathrooms 1
AppliancesElectric Range, Electric Water Heater

Exterior

Lot Size5.37 acres

Building Information

Year Built2011

Land Information

APN23629
SubdivisionH T & B R R Co Survey 7 Abstract
Land UseAgriculture / Farming
Legal DescriptionH T & B R R CO, SURVEY 7, ABSTRACT 460, ACRES 5.372
Census Tract950300
Assessed Land Value$77,140
Assessed Improvement Value$17,830
Assessment Year2025

About this property

5.372 acres on County Road 321 in Blanket, Texas with a partially finished one bedroom, one bathroom hunting cabin shell. The structure has been wired for electricity and plumbed, giving a buyer a head start toward finishing it out for a weekend place, hunting cabin, shop, or storage building. It features a full length porch across both the front and back, creating usable outdoor space and a great place to enjoy the quiet country setting. There are also two window wall AC units, one of which also provides heat. The property already has several important improvements in place, including an electric pole, rural water with water meter, and a 500 gallon septic system. For recreational use, the property includes one elevated deer blind, two wildlife feeders, a wildlife watering tank, and a seasonal pond on the north end of the property. The cabin or home will need to be cleaned up and finished, and the property is being sold as is. With acreage, utilities, septic, water, wildlife improvements, and a seasonal pond already in place, this property offers a practical starting point for someone wanting a small country getaway, hunting property, weekend retreat, or future homesite. Located about 10 minutes from Early and Blanket and about 15 minutes from Brownwood, this property offers a rural setting while still being close to shopping, dining, schools, medical services, and everyday conveniences. The location also makes it appealing for buyers from Abilene, DFW, or Austin looking for a manageable Central Texas getaway without taking on a large ranch.

Investor Tools

$8,451Estimated Mortgage Balance
$86,519Estimated Equity
91% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$570 /month
Positive
Cash Flow Estimate:
$190 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$139/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,189
$94,970
2025
$77,140
$17,830
$94,970
No

Tax History

Year
Tax Paid
Assessed Value
2025
$1,189
$94,970

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Tfnb Your Bank For Life
Unknown
$13,200
No
First
May 25, 2011
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$8,451
$86,519
91%
9%
$0/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: Blanket

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7938 County Road 321 | Property Details | No Agent List