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$439,000

477 County Road 1550, Chico, TX, 76431

On MarketInfo
Just AddedInfo
Beds3 Beds
Baths2 Bath
Baths1,143 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$384.08 / sqft
Year BuiltBuilt in 2017

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Electric Range, Electric Water Heater, Microwave, Water Softener
FlooringConcrete, Ceramic Tile

Exterior

Lot Size1.76 acres

Building Information

Year Built2016
Stories1
Roof Type158
Garage Spaces1

Land Information

APNA1111.0004.03
SubdivisionA-1111 Tj Adams
Land UseResidential
Legal DescriptionA-1111 TJ ADAMS 1.7600 ACRES
Census Tract150404
Assessed Land Value$41,226
Assessed Improvement Value$186,816
Assessment Year2025

About this property

Your next home?? Welcome to 477 CR 1550! If you are looking for that cottage in the woods feel, this home has it. Just as you squeak off the county road you are treated to heavy tree coverage and a 2017 built, 1100+ sq ft home. The home has all the charm you could ask for and is tucked away on over 6 acres in Chico Texas. The home features a 3 bed 2 bath layout, eat in kitchen, wood burning fireplace in the living area, and a large covered back porch overlooking the rest of your land! Behind the home you have a 40x40 shop with an awning on the west wall, and small insulated office in the back corner! The shop will give you so much room for activities like working on cars, holding lawn and yard equipment, or an abundance of ideas that you can bring to it. Behind the shop there is pasture land that sees its fair share of wild life and could be cut and baled when you get it growing! This property is just down the road from FM 1810 to go back into Decatur, Highway 101, that will take you to Bridgeport, or back to Sunset and Highway 287 the other direction. Don't miss out on this great little home!

Investor Tools

$154,720Estimated Mortgage Balance
$76,280Estimated Equity
33% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,634 /month
Positive
Cash Flow Estimate:
$878 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$227/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,563
$228,042
2025
$41,226
$186,816
$228,042
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,563
$228,042

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Ameridream Mortgage Group Llc
Conventional
$174,150
No
First
Dec 7, 2020
Jan 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$154,720
$76,280
33%
67%
$1,045/mo

City: Chico

477 County Road 1550 | Property Details | No Agent List