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$125,480

NAL Estimated Property Value

821 Vz County Road 1118, Grand Saline, TX, 75140

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths912 Sq Ft
price_per_sqft$224.78 / sqft
Year BuiltBuilt in 1998

Property Lead Type:

Off-Market ListAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
AppliancesDishwasher, Electric Oven
FlooringLaminate

Exterior

Lot Size25,700 sqft

Building Information

Year Built1998
Stories1
Garage Spaces1

Land Information

APN032.0926.0008.0001.0000
Land UseResidential
Legal DescriptionACRES: 0.590 ABST: 926 SUR: J D WRIGHT
Census Tract950100
Assessed Land Value$43,380
Assessed Improvement Value$82,100
Assessment Year2025

About this property

Welcome to this fully renovated 3-bedroom, 2-bath single-story home nestled in a lovely country setting on over one-half acre with quick and easy access to Interstate 20. Thoughtfully updated from top to bottom, major improvements include a new metal roof, replaced HVAC system, the replacement of all plumbing supply lines with PEX, replaced water heater, updated electrical brought to code, added attic insulation as well as insulation and a vapor barrier under the floor, along with a second layer of subflooring. All windows, interior and exterior doors have been replaced. Inside, you’ll find waterproof laminate flooring, fresh interior paint, updated LED lighting, ceiling fans, new trim throughout, all new switches and outlets, and a light and bright refreshed interior designed for comfortable everyday living. The kitchen features new cabinetry, gorgeous butcher block countertops, a quartz composite sink, subway tile backsplash, a pantry addition, and new appliances. Both bathrooms have been fully updated with new toilets, tubs, surrounds, and tile over waterproof cement backer board. Exterior updates also include a new front porch and rear landing, new carport, metal skirting, crushed concrete driveway, St. Augustine sod, and fresh exterior paint and stain. Foundation improvements including replaced beams, blocks, and cables have been professionally completed and leveled, with warranty transferable to purchaser. HVAC warranty is also transferable into purchaser’s name. This fully renovated property blends modern updates with a serene country setting, creating a move in ready home with stylish finishes, enhanced comfort, and extensive system improvements that provide lasting peace of mind.

Investor Tools

Property Icon
$125,480
Estimated Property Value
$102,102Estimated Mortgage Balance
$23,378Estimated Equity
18% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,230 /month
Positive
Cash Flow Estimate:
$410 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$147/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,142
$125,480
2025
$43,380
$82,100
$125,480
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,142
$125,480

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Texas Bank And Trust Co
Commercial
$103,306
No
First
Oct 16, 2025
Oct 2026

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$102,102
$23,378
18%
81%
$620/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: Grand Saline

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821 Vz County Road 1118 | Property Details | No Agent List