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$1,493,080

NAL Estimated Property Value

820 Steadham Rd Ste Adham, Forestburg, TX, 76239

Off MarketInfo
Beds5 Beds
Baths6 Bath
Baths5,109 Sq Ft
price_per_sqft$342.53 / sqft
Year BuiltBuilt in 2023

Highlights

Interior

Bedrooms 5Bedrooms 5
Bathrooms Full 6Bathrooms Full 6
AppliancesDishwasher, Disposal, Electric Cooktop, Electric Oven, Electric Water Heater, Ice Maker, Microwave, Convection Oven, Double Oven, Refrigerator, Vented Exhaust Fan, Water Softener
FlooringCarpet, Concrete

Exterior

Private PoolPrivate Pool
Exterior FeaturesFire Pit, Rain Gutters, Outdoor Kitchen, RV Hookup
Lot Size3.31 acres

Building Information

Year Built2022
Garage Spaces4

Land Information

APNR000026845
Land UseResidential
Legal DescriptionACRES: 3.310 AB 1053 MARY A WELCH SURVEY
Census Tract950600
Assessed Land Value$42,360
Assessed Improvement Value$1,450,720
Assessment Year2025

About this property

Access to the property is through a private gated entrance shared by a larger 100-acre tract. The 56 acres being offered are fully private within the gate and are not shared by any other owners. Enjoy the beautiful Texas views in your backyard sanctuary complete with a sparkling pool, spa, slide, outdoor kitchen and large relaxing patio. This stunning ranch offers the perfect blend of luxury and tranquility. The 5109 square foot home has 5 spacious bedrooms, 5 full baths, and 1 half bath. You'll find an upstairs bonus room, a flex room that's used as an office downstairs for those who work from home, a workout room that can be a bedroom with an ensuite bathroom and a storm shelter! Plus, there's an in-law suite with ensuite bathroom and ample closet space. Two barns can be used for animals or garage spaces. Priced to sell!

Investor Tools

Property Icon
$1,493,080
Estimated Property Value
$1,094,470Estimated Mortgage Balance
$398,610Estimated Equity
26% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$10,500 /month
Positive
Cash Flow Estimate:
$3,500 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$2,183/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$18,725
$1,493,080
2025
$42,360
$1,450,720
$1,493,080
Yes (2024)

Tax History

Year
Tax Paid
Assessed Value
2025
$18,725
$1,493,080

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Susser Bank
Conventional
$1,100,000
No
First
Dec 16, 2025
Jan 2056

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$1,094,470
$398,610
26%
73%
$6,596/mo

Learn About the Market: Opportunity in Texas

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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: Forestburg

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820 Steadham Rd Ste Adham | Property Details | No Agent List