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$492,460

8308 Ne County Road 1040, Rice, TX, 75155

Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths1,839 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$157.64 / sqft
Year BuiltBuilt in 2021

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms 2Bathrooms 2
Garage AvailableGarage Available
AppliancesElectric Cooktop, Electric Oven, Microwave, Plumbed For Ice Maker, Electric Water Heater
FlooringOther

Exterior

Lot Size1.48 acres

Building Information

Year Built2021
Stories1
Garage Spaces2

Land Information

APN113921
Lot Number4-R
SubdivisionFrance Addition Ph Ii
Land UseResidential
Legal DescriptionF0510.02 FRANCE ADDITION PH II LOT 4-R 1.48 ACRES
Census Tract970100
Assessed Land Value$70,920
Assessed Improvement Value$421,540
Assessment Year2025

About this property

NEW Construction on 1.48 ACRES! Gorgeous custom built home combination of rocks & stone create a rick look as you drive up. Fabulous foyer leads you effortlessly to an open floor plan, stunning wood like floors, granite countertops rich crown molding and baseboards throughout. The master en-suite is separate from other bedrooms which will feature a jetted tub, separate stand up shower, his and hers sinks with exquisite finishes and a large walk in closet with built in shelving. Exterior 14 X 14 covered patio. Upgrade package which includes foam insulation, electric fireplace with stone mantel and sodded front yard with 2-3 trees. PICTURES ARE OF A SPEC HOME. Completion date July 30, 2021

Investor Tools

Property Icon
$492,460
Estimated Property Value
$284,747Estimated Mortgage Balance
$232,926Estimated Equity
42% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,955 /month
Positive
Cash Flow Estimate:
$985 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$742/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,446
$492,460
2025
$70,920
$421,540
$492,460
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,446
$492,460

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Mid-American Mortgage Inc
Fha
$284,747
Yes
First
Sep 24, 2021
Oct 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$259,534
$232,926
47%
53%
$1,708/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: Rice

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8308 Ne County Road 1040 | Property Details | No Agent List