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Days1454Days on Market
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$800,000

943 Fm 2989, Midway, TX, 75852

On MarketInfo
Beds6 Beds
Baths5 Bath
Baths2,656 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$301.2 / sqft
Year BuiltBuilt in 1987

Property Lead Type:

Must-SellAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 6Bedrooms 6
Bathrooms 5Bathrooms 5
AppliancesENERGY STAR Qualified Appliances, Double Oven, Electric Oven, Electric Range, Dishwasher
FlooringLaminate, Tile

Exterior

Exterior FeaturesStorage
Lot Size12.50 acres

Land Information

APN76588
SubdivisionEdinburgh C (A-186)
Land UseSingle Family Residential
Legal DescriptionEDINBURGH C (A-186), TRACT 13, ACRES 12.5, (MH 13.01), UNDIVIDED INTEREST 33.0000000000% (MH 13.01)
Census Tract790402
Assessed Land Value$96,469
Assessed Improvement Value$149,823
Assessment Year2025

About this property

Experience ultimate privacy and togetherness on this stunning 12-acre Texas retreat. Featuring two separate, well-appointed homes totaling sq footage over 4600 sq ft this property offers the perfect multi-generational living solution or an idyllic private family compound. Enjoy the peace of country living with room to roam, mature trees, and space for horses or hobby farming—all just minutes from local conveniences." Property offers full RV hookups, private well, 2 septics, unrestricted. Hookups on the back of the property for a mobile could serve as a 3rd homesite or perfect location for a barn/workshop. Super Cute Guest home is a 2 bed 2 bath with a huge gameroom upstairs.

Investor Tools

Property Icon
$264,000
Estimated Property Value
$568,000Estimated Mortgage Balance
$0Estimated Equity
-115% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,800 /month
Positive
Cash Flow Estimate:
$1,600 /month

Interested in this property?

Martha Wright

CB&A, Realtors

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$410/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
N/A
$246,292
2025
$96,469
$149,823
$246,292
No

Tax History

Year
Tax Paid
Assessed Value
2024
N/A
$246,292

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$272,000
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.

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: Midway

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943 Fm 2989 | Property Details | No Agent List