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B+
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$1,091,000

8267 Fm 979, Cameron, TX, 76520

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths5,128 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$248.63 / sqft
Year BuiltBuilt in 2001

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 3Bathrooms 3
AppliancesElectric Range
FlooringTile

Exterior

Private PoolPrivate Pool
Exterior FeaturesNone
Lot Size71.20 acres

Building Information

Year Built2001
Garage Spaces10

Land Information

APNR19550
Land UseResidential
Legal DescriptionA0240 GHALLAGHER, DAVID,71.202 ACRES,(LE 2024-1497)
Census Tract950100
Assessment Year2025

About this property

71 acres located on FM 979 just outside of Calvert, TX in Milam County. Boasting over 8000 square feet under metal roof the barndominium with attached hanger and shop space this property offers endless possibility for a buyers needs. With three bedrooms and two full baths this barndominium also includes an additional office and sun room. A large open concept living room and kitchen offers a large space for entertaining. One additional full bath sits inside the hanger. Stay cozy by the wood burning stove in the living room and enjoy evening sunsets on the large covered front porch. This property features ample space for a variety of uses with almost 3800 ft of road frontage on FM 979 and just under 2000 ft of County Road frontage. Additionally the property has multiple storage buildings and includes a "craft shed" with bathroom and a/c along with a pole barn for equipment storage. The mostly open land can be utilized for agriculture purposes with cattle and or hay production but still features around 25 acres in wooded recreational land perfect for hunting or escaping to peace and quiet. Two ponds provide water source for wildlife and livestock. At one time the property featured a 1800 ft grass runway and can easily be brought back to use. With so much to offer this property must be seen to appreciate the many options it provides as a recreational property fitting many needs.

Investor Tools

Property Icon
$1,091,000
Estimated Property Value
$0Estimated Mortgage Balance
$1,091,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$7,650 /month
Positive
Cash Flow Estimate:
$2,550 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$455/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$10
$691,952
2025
N/A
N/A
$1,020,420
No

Tax History

Year
Tax Paid
Assessed Value
2025
$10
$691,952

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$1,032,000
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: Cameron

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8267 Fm 979 | Property Details | No Agent List