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$280,000

$290,000

9842 Fm 2228, Baird, TX, 79504

On MarketInfo
Price DropInfo
Beds1 Beds
Baths1 Bath
Baths1,600 Sq Ft
price_per_sqft$175 / sqft
Year BuiltBuilt in 1930

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 1Bedrooms 1
Bathrooms Half 1Bathrooms Half 1
AppliancesNone

Exterior

Lot Size2 acres

Building Information

Year Built1920

Land Information

APNR000002598
Land UseResidential
Legal DescriptionACRES: 2.000 174 4 T J FENNELL
Census Tract030200
Assessed Land Value$13,000
Assessed Improvement Value$54,720
Assessment Year2025

About this property

Discover the freedom and privacy of approximately 17± acres featuring a blend of mature oak trees, open pasture, and multiple functional improvements already in place. This versatile property offers a solid foundation for a homestead, weekend retreat, or future development. A charming two-story cabin serves as the primary living structure, offering 1 bedroom and 1 bathroom with rustic character and room to customize. An additional older home sits on the property as well—currently not livable and in need of extensive repairs, but full of potential for restoration or repurposing. The land is equipped with a water well, electric service, and multiple water faucets conveniently located throughout the acreage. The property is perimeter fenced and cross-fenced, making it suitable for livestock or agricultural use. A storage container provides secure on-site storage, and a greenhouse offers gardening opportunities with some repair work.

Investor Tools

$46,883Estimated Mortgage Balance
$240,117Estimated Equity
83% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,722 /month
Positive
Cash Flow Estimate:
$574 /month

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Stephen Reid

Trinity Ranch Land Cross Plains

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$136/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$203
$67,720
2025
$13,000
$54,720
$67,720
No

Tax History

Year
Tax Paid
Assessed Value
2025
$203
$67,720

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Jimmie Ray Wheeler Etux
Seller Carryback / Seller Financing / Seller Take-Back
$58,105
No
First
Apr 1, 2017
Apr 2032

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$46,883
$240,117
83%
16%
$349/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: Baird

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9842 Fm 2228 | Property Details | No Agent List