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$189,000

806 Fm 228, Grapeland, TX, 75844

On MarketInfo
Beds3 Beds
Baths1 Bath
Baths1,272 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$148.58 / sqft
Year BuiltBuilt in 1977

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 1Bathrooms 1

Exterior

Lot Size5.49 acres

Land Information

APN23945
Land UseVacant
Legal DescriptionA0008 CARO, PEDRO JOSE,TRACT 22,5.49 ACRES
Census Tract950200
Assessed Land Value$64,586
Assessment Year2025

About this property

MOVE-IN-READY HOME! Nestled on 1 beautiful acre and just minutes from town, this three bedroom, one bath home offers the perfect blend of country living and convenience. The home has an ample front yard plus a wooded area with trails for exploring in the rear of the property. The open concept kitchen and living area provides room for family gatherings and entertaining. The three bedrooms share a hall bathroom with a combination tub and shower. There is wood flooring throughout the home allowing for ease in cleaning. There is an attached carport with the laundry attached just steps from the back door. Perfect for first time buyers, those looking to downsize, or investors looking for a rental in a great location. Call today for more details.

Investor Tools

$0Estimated Mortgage Balance
$64,586Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,134 /month
Positive
Cash Flow Estimate:
$378 /month

Interested in this property?

Nancy Lawrence

Lawrence Realty

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$90/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$759
$64,586
2025
$64,586
N/A
$64,586
No

Tax History

Year
Tax Paid
Assessed Value
2022
$759
$64,586

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$64,586
100%
0%
$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.

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: Grapeland

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806 Fm 228 | Property Details | No Agent List