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$199,000

8503 E County Road 5500, Idalou, TX, 79329

On MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,987 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$100.15 / sqft
Year BuiltBuilt in 1940

Property Lead Type:

Must-SellAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
AppliancesRange, Free-Standing Range
FlooringCarpet, Laminate, Vinyl

Exterior

Lot Size1 acre

Building Information

Year Built1940
Roof Type112

Land Information

APNR129759
Lot Number19000
Land UseSingle Family Residential
Legal DescriptionBLK X SEC 32 AB 98 TR 19B AC:1
Census Tract010101
Assessed Land Value$14,000
Assessed Improvement Value$79,909
Assessment Year2025

About this property

Escape to peaceful country living in this 3-bedroom, 2-bath home offering 1,987 sq. ft. on 1 acre in Idalou! Complete with a 2-car carport, this well-maintained property blends rural charm with modern updates, featuring a new A/C unit, metal roof, tankless water heater, fresh attic insulation, and a private water well and septic system. Inside, you'll find fresh paint and new flooring in the kitchen, new flooring in the living room, and a beautiful brick fireplace that creates a warm, inviting gathering space. Outside, the workshop provides plenty of room for projects, hobbies, or extra storage. Plus, this property qualifies for USDA financing, making it eligible for $0 down payment for qualified buyers. Enjoy the space, privacy, and freedom of country living while still being just minutes from town. Let's Go See It!!

Investor Tools

$185,714Estimated Mortgage Balance
$17,169Estimated Equity
1% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,212 /month
Positive
Cash Flow Estimate:
$404 /month

Interested in this property?

Kent Hebison

Keller Williams Realty

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$176/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,100
$93,909
2025
$14,000
$79,909
$93,909
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,100
$93,909

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Flat Branch Home Loans Inc
Va
$191,105
Yes
First
Oct 24, 2024
Nov 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$185,714
$3,286
1%
92%
$1,146/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,425/mo
$1,146/mo
+$279/mo
8.5%

City: Idalou

8503 E County Road 5500 | Property Details | No Agent List