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$925,000

8322 Fm 512, Wolfe City, TX, 75496

PendingInfo
Beds4 Beds
Baths3 Bath
Baths2,840 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$325.7 / sqft
Year BuiltBuilt in 2022

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms 3Bathrooms 3
Garage AvailableGarage Available
AppliancesDishwasher, Disposal, Electric Oven, Gas Range, Gas Water Heater, Microwave, Double Oven, Refrigerator
FlooringCarpet, Concrete, Tile

Exterior

Private PoolPrivate Pool
Exterior FeaturesBarbecue, Basketball Court, Rain Gutters, Outdoor Grill, Outdoor Kitchen, Storage, Garden
Lot Size9.41 acres

Building Information

Year Built2022
Stories1
Garage Spaces2

Land Information

APN0801-W450-0020-61
SubdivisionOnstot John
Land UseAgriculture / Farming
Legal DescriptionA0801 ONSTOT JOHN,TRACT W45-2, ACRES 9.413
Census Tract960200
Assessed Land Value$18,360
Assessed Improvement Value$540,220
Assessment Year2025

About this property

Enjoy peaceful country living in this custom-built modern farmhouse on 9.4 AG-exempt acres with low property taxes & no known deed restrictions. The property is partially fenced & features a pond with a dock, above-ground pool, vegetable garden, 12x16 storage building, basketball goal, deer feeder & blind! Inside, this home offers 4 spacious bedrooms, 3 full bathrooms, decorative lighting & tile work, stained concrete flooring, accent walls & ceilings & quality finishes throughout. The spacious living room features wood beams, custom built-ins & a high-efficiency wood-burning fireplace capable of heating the home. A separate dining room provides additional entertaining space. The kitchen features abundant cabinetry, a large island, picture window overlooking the backyard, high-end stainless-steel appliances including a Sub-Zero fridge & oversized walk-in pantry. The primary suite occupies its own wing & features vaulted wood ceilings, a spa-inspired bath with double vanities, soaking tub, separate shower, makeup vanity & oversized walk-in closet with space for a safe, plus a built-in safe room for severe weather. The closet conveniently connects to the spacious laundry room. All secondary bedrooms include large walk-in closets with custom built-ins. Outdoor living is just as impressive with covered front & back porches. The back patio features a second wood-burning fireplace & stone outdoor kitchen with two ceramic smokers & grills, flat-top griddle, pull-out trash & storage. A detached bonus building with its own half bath, water, electricity & brand-new mini split is currently used as a hair salon but would also make an excellent guest space, home office or gym. Additional upgrades include spray foam insulation, two tankless water heaters, dual-fuel high-efficiency HVAC with UV light filtration, whole-home water filtration & an energy-efficient design throughout. Modern comfort, exceptional efficiency & room to enjoy the outdoors, all in one incredible property!

Investor Tools

Property Icon
$673,000
Estimated Property Value
$398,700Estimated Mortgage Balance
$43,429Estimated Equity
41% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$5,550 /month
Positive
Cash Flow Estimate:
$1,850 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$871/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,088
$558,580
2025
$18,360
$540,220
$701,880
No

Tax History

Year
Tax Paid
Assessed Value
2024
$7,088
$558,580

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Legend Bank Na
Commercial
$250,000
No
First
Sep 9, 2022
Sep 2023

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$629,571
N/A
0%
94%
$3,826/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: Wolfe City

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