Real opportunities. Driven by live market signals.
Updated every minute.

Browse Homes — Buy Direct, Deal on Your Terms

Updated Properties Icon
Updated Properties
Last 24 HoursLast 24 Hours
Street View of property
Street View
B+
NoAgentList RatingHow are grades calculated? Info

$119,560

8027 FM 196, Pattonville, TX, 75468

Off MarketInfo
Beds2 Beds
Baths2 Bath
Baths1,240 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$217.74 / sqft
Year BuiltBuilt in 1960

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms 2Bathrooms 2
Garage AvailableGarage Available
AppliancesDishwasher, Electric Cooktop, Electric Oven, Electric Water Heater
FlooringWood

Exterior

Exterior FeaturesStorage
Lot Size3.69 acres

Building Information

Year Built1960
Garage Spaces2

Land Information

APN117472
Lot Number11-1
SubdivisionC H Cato Survey
Land UseAgriculture / Farming
Legal DescriptionA195 C H CATO SURVEY, TRACT 11-1, ACRES 3.685, 8027 FR 196 8027 FR 196
Census Tract000301
Assessed Land Value$8,840
Assessed Improvement Value$110,720
Assessment Year2025

About this property

Welcome to your dream country getaway! Nestled on nearly 4 acres of picturesque Texas land, this beautifully remodeled 2-bedroom, 2-bath home offers the perfect blend of rustic charm and modern comfort. Thoughtfully updated with rich wood finishes throughout, this home radiates warmth and luxury with every detail. Step inside to discover an open, inviting living space that captures the essence of country living while offering the amenities of a contemporary lifestyle. The wood-accented interior creates a cozy yet elegant atmosphere, ideal for relaxing evenings or entertaining guests. Outside, the possibilities are endless. The expansive 3.685-acre property features multiple sheds, a classic silo, and poured foundations ready for future structures—whether you're dreaming of a workshop, guest cottage, or hobby barn. This property is ideal for homesteaders, hobby farmers, or anyone seeking room to roam and grow. Located in the peaceful countryside of Pattonville, yet within a reasonable drive to Paris, TX, this property offers the tranquility of rural life with convenient access to nearby amenities. Don't miss the opportunity to own this unique slice of Texas paradise. Whether you're looking to settle down, invest, or create a weekend retreat, 8027 FM 196 is ready to welcome you home. Home has now been priced to sell quick! Come make an offer.

Investor Tools

Property Icon
$119,560
Estimated Property Value
$0Estimated Mortgage Balance
$0Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,620 /month
Positive
Cash Flow Estimate:
$540 /month

Interested in this property?

Run an Owner Lookup!

Unlock Owner Contacts

Want alerts when something changes with this property?

Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$72/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$264
$119,560
2025
$8,840
$110,720
$119,560
No

Tax History

Year
Tax Paid
Assessed Value
2022
$264
$119,560

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Canopy Mortgage Llc
Fha
$265,109
Yes
First
Aug 21, 2025
Sep 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$261,626
N/A
0%
219%
$1,590/mo

Learn About the Market: Opportunity in Texas

Local Market Pages
Local Market Pages 2Local Market Pages 3Local Market Pages 4

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.

Explore Texas Explore This Area
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: Pattonville

No Agent List Top Properties.

These are Deal List properties graded A+, A.

Loading properties...

Sold Properties

Loading properties...

8027 FM 196 | Property Details | No Agent List