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$549,000

120 County Road 1271, Gary, TX, 75643

On MarketInfo
Just AddedInfo
Beds3 Beds
Baths2 Bath
Baths2,141 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$256.42 / sqft
Year BuiltBuilt in 1948

About this property

Experience the charm of a true 1948 farmhouse, beautifully situated on 49 acres and set up for the horse enthusiast. Original wood floors, soaring 10-foot ceilings, new windows and an inviting open layout give this home the perfect blend of vintage farmhouse character and updates that provide comfortable everyday living. Gather around the wood burning fireplace, enjoy views from the kitchen window over the sink and cook on the gas range while taking in the peaceful country setting. Outside is where this property truly shines. Your horses will appreciate the 6-stall horse barn with tack room and wash rack, and round pen with shelter. Property is fenced and cross-fenced with a pond and creek. Approximately 15 acres are cleared toward the back of the property and the remaining acreage features a mix of hardwoods. The greenhouse, garden area and chicken coop are ready for your homesteading dreams. There are multiple storage sheds to provide plenty room for tools and equipment. A dedicated dog run and dog house offer additional space for four legged companions. Slow mornings were made for the welcoming front porch, where rocking chairs and quiet country views feel right at home. 2 additional covered back porches and multiple areas for tables and chairs provide plenty of space to relax and entertain. A Generac generator and upgraded attic insulation add practical features for your peace of mind. With room to ride, explore and garden, this is the kind of East Texas property that offers more than a home, it offers a lifestyle.

Investor Tools

$0Estimated Mortgage Balance
$447,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
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Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,294 /month
Positive
Cash Flow Estimate:
$1,098 /month

Interested in this property?

Gena Johnson

Leslie Cain Realty, LLC

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$386/month
No HOA
5.947%

City: Gary

120 County Road 1271 | Property Details | No Agent List