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$464,000

NAL Estimated Property Value

8468 Ne County Road 1040, Rice, TX, 75155

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths2,200 Sq Ft
price_per_sqft$211.36 / sqft
Year BuiltBuilt in 1988

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 3Bathrooms 3
AppliancesElectric Oven

Exterior

Lot Size17.54 acres

Building Information

Year Built1988
Stories1

Land Information

APN122076
SubdivisionJ H Edgar
Land UseFarm Or Ranch Improvement - Rural Residence
Legal DescriptionE0150 J H EDGAR LOT PT OF 10 & W PT OF 11 17.54 ACRES
Census Tract970100
Assessed Land Value$17,100
Assessed Improvement Value$216,880
Assessment Year2024

About this property

Discover the charm of country living with this exquisite 3-bedroom, 2.1-bathroom home, nestled on a breathtaking 17.5-acre estate in Rice, TX. Boasting a current agricultural exemption, this property blends rural allure with financial savvy. The home greets you with a delightful wrap-around porch, an idyllic spot for sipping your morning coffee while basking in the serene views of your expansive grounds. The large back deck invites memorable gatherings under the starlit Texas sky. Inside, each room offers a harmonious blend of comfort and style, creating a welcoming retreat from the bustling outside world. This home is more than just a residence; it's a lifestyle sanctuary where the rustling leaves and the vast, open sky become your daily backdrop. Here, in your slice of paradise, life unfolds with a peaceful grace, offering a daily escape into nature's embrace.

Investor Tools

Property Icon
$464,000
Estimated Property Value
$0Estimated Mortgage Balance
$464,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,790 /month
Positive
Cash Flow Estimate:
$930 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$478/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
N/A
$233,980
2024
$17,100
$216,880
$487,000
No

Tax History

Year
Tax Paid
Assessed Value
2023
N/A
$233,980

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$464,000
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.

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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: Rice

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8468 Ne County Road 1040 | Property Details | No Agent List