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$590,000

1271 County Road 306a, Rainbow, TX, 76077

On MarketInfo
Just AddedInfo
Beds4 Beds
Baths3 Bath
Baths2,286 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$258.09 / sqft
Year BuiltBuilt in 2008

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms 3Bathrooms 3
AppliancesDouble Oven, Dishwasher, Electric Cooktop, Disposal
FlooringCarpet, Tile, Wood

Exterior

Exterior FeaturesRain Gutters
Lot Size1.97 acres

Building Information

Year Built2008
Garage Spaces2

Land Information

APNR000009555
Lot Number11
SubdivisionRio Vista Addn
Land UseResidential
Legal DescriptionACRES: 1.970 TRACT: 11 ABST: A135-RV RIO VISTA ADDN ABST 135 MILAM CO SCH LD LOT 11 ACRES 1.97
Census Tract000101
Assessed Land Value$113,280
Assessed Improvement Value$379,510
Assessment Year2025

About this property

Enjoy stunning Brazos River views from this custom 4-bedroom, 2.5-bath home situated on nearly 2 acres of beautifully landscaped property. Offering exceptional privacy among mature hardwood trees, this riverfront retreat features private river access via a metal stairway, plus vehicle access through the HOA park with a boat ramp and picnic area. Inside, the thoughtfully designed custom home showcases Brazilian Teak hardwood flooring, expansive windows, natural woodwork, and impressive finishes throughout. The spacious living room features tall ceilings and an electric fireplace, while a formal dining room and breakfast nook provide flexible dining options. The private primary suite offers a generously sized bedroom with direct patio access, a spa-like bathroom, and a large walk-in closet with convenient access to the utility room. Three additional bedrooms and a full bathroom are located on the opposite side of the home. Step outside to the expansive covered back patio overlooking the Brazos River, an ideal setting for outdoor entertaining, morning coffee, or relaxing evenings. Additional features include an oversized garage with abundant storage, gated entrance, reverse osmosis water system, and beautifully maintained grounds. Whether you're looking for a Brazos River waterfront home, a peaceful country retreat, or a property with convenient access to fishing and boating, this home offers an exceptional combination of privacy, natural beauty, and comfort. Experience Texas riverfront living with easy access to Glen Rose, Granbury, and Fort Worth!

Investor Tools

$127,465Estimated Mortgage Balance
$462,535Estimated Equity
78% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,540 /month
Positive
Cash Flow Estimate:
$1,180 /month

Interested in this property?

Austin Jordan

Keller Williams Brazos West

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$373/month
$60/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,527
$492,790
2025
$113,280
$379,510
$492,790
No

Tax History

Year
Tax Paid
Assessed Value
2025
$1,527
$492,790

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Southwest Airlines Fcu
Conventional
$232,500
No
First
Nov 21, 2008
Dec 2023

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$127,465
$462,535
78%
22%
$1,394/mo

City: Rainbow