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$1,190,000

NAL Estimated Property Value

8865 County Road 312, Terrell, TX, 75161

Off MarketInfo
Beds4 Beds
Baths4 Bath
Baths3,126 Sq Ft
price_per_sqft$415.87 / sqft
Year BuiltBuilt in 2007

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
AppliancesDishwasher, Electric Oven, Gas Cooktop, Ice Maker, Microwave, Convection Oven, Double Oven, Refrigerator, Tankless Water Heater, Vented Exhaust Fan, Warming Drawer, Other, Wine Cooler
FlooringCarpet, Ceramic Tile, Wood

Exterior

Exterior FeaturesBalcony, Built-in Barbecue, Gas Grill, Rain Gutters, Lighting, Outdoor Grill, RV Hookup, Storage
Lot Size20.79 acres

Building Information

Year Built2007
Stories2
Roof Type105

Land Information

APN99.0560.0000.0015.00.99.00
SubdivisionJos T Vanderhoya
Land UseResidential
Legal DescriptionJOS T VANDERHOYA, TRACT 15; 20.79 ACRES, & HOUSE & HOUSE
Census Tract050602
Assessment Year2025

About this property

A True Equestrians Dream! 20+ acres of sandy loam horse property just 45 min east of Dallas! This property offers everything needed for comfortable living & top-tier horse care. The residence is warm & inviting, featuring hand-scraped wood floors, custom cabinetry & a gourmet kitchen with an island, ice maker, propane cooktop, double ovens & a warming drawer. The spacious laundry mudroom includes custom built-ins, a dumbwaiter to the 2nd floor & room for an additional refrigerator & freezer. Entertaining is effortless with a formal dining room, wet bar, & wine fridge. On-demand tankless water heater, 500 gallon buried propane tank & a whole house Generac with an automatic transfer switch means you are never without power or hot water. Outside, enjoy 1,780 square feet of covered porches, two on the main level & an upstairs balcony perfect for watching beautiful East Texas sunsets. A built-in grill with side burner makes outdoor gatherings a breeze. Inside, the first floor includes the primary suite, a mother-in-law suite, powder room, & 2 fireplaces with an additional room, as a bedroom or an office. Upstairs offers a 4th bedroom with ensuite bath, plus a living, flex room. Additionally, an 871 square ft walk in space for storage or to finish into a studio, guest suite, or music room. Equestrians will love the 36x50 barn, with H&C water, electricity, bathroom, 3-12x14 stalls with rubber mats, 8 ft overhangs with runs, wash stall, hay storage, & a tack-feed room. The entire estate is served by a full water filtration system for exceptional water from barn to home. Other highlights include an outdoor sand riding arena, two ponds, a 30x50 shop with electricity, propane, roll-up doors, an RV hookup & dump station. The land is fully fenced & cross-fenced with horse friendly fencing, two automatic gates, and a mix of pastureland and mature trees. This estate is a rare and exceptional find, ideal for horse lovers or anyone seeking country living near city conveniences.

Investor Tools

Property Icon
$1,190,000
Estimated Property Value
$438,781Estimated Mortgage Balance
$751,219Estimated Equity
63% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$7,800 /month
Positive
Cash Flow Estimate:
$2,600 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,089/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,122
$1,020,065
2025
N/A
N/A
$1,034,655
No

Tax History

Year
Tax Paid
Assessed Value
2024
$7,122
$1,020,065

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
The American National Bank Of Texas
Conventional
$407,300
No
First
Feb 24, 2006
Dec 2036

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$438,781
$751,219
63%
37%
$4,019/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,572/mo
$4,019/mo
$-1,447/mo
2.6%

Learn About the Market: Opportunity in Texas

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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: Terrell

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8865 County Road 312 | Property Details | No Agent List