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$349,000

958 Fm 3298, Powderly, TX, 75473

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,850 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$188.65 / sqft
Year BuiltBuilt in 2019

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Gas Range, Microwave

Exterior

Lot Size1.67 acres

Building Information

Year Built1989
Garage Spaces2

Land Information

APN104474
SubdivisionS M Fulton Survey
Land UseResidential
Legal DescriptionA329 S M FULTON SURVEY, TRACT 38-A, ACRES 1.67
Census Tract000101
Assessed Land Value$32,810
Assessed Improvement Value$143,600
Assessment Year2025

About this property

Country living at its finest on 2 acres with a farmhouse style! Enjoy the peaceful setting in this beautifully appointed 3 bed 2 bath home located in Doe Run in Powderly, custom built in 2019. Featuring vaulted ceilings, quartz countertops, apron sink, exposed wood beams, barn doors, shiplap walls, designer lighting, and custom cabinetry, no detail was left untouched. Perfect for entertaining, this home offers an open concept with 1,850 square feet main living space and an 1,170 square foot shop with 3 bays, insulated, with electric. Once you tour this property and sit on the back porch, you will want to call this home!

Investor Tools

Property Icon
$322,000
Estimated Property Value
$53,000Estimated Mortgage Balance
$274,156Estimated Equity
84% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,094 /month
Positive
Cash Flow Estimate:
$698 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$266/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,584
$176,410
2025
$32,810
$143,600
$176,410
No

Tax History

Year
Tax Paid
Assessed Value
2022
$1,584
$176,410

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Guaranty Bank & Trust Na
Open End Mortgage / Open End With Future Advance Clause
$53,000
No
First
Apr 30, 2021
May 2036

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$47,844
$274,156
85%
15%
$318/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: Powderly

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958 Fm 3298 | Property Details | No Agent List