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$584,000

4970 Fm 274, Ravenna, TX, 75476

On MarketInfo
Just AddedInfo
Beds3 Beds
Baths2 Bath
Baths2,355 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$247.98 / sqft
Year BuiltBuilt in 2002

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 2Bathrooms 2
AppliancesDishwasher, Electric Range, Electric Water Heater, Microwave
FlooringCarpet, Ceramic Tile, Laminate

Exterior

Exterior FeaturesRain Gutters
Lot Size8.36 acres

Building Information

Year Built2002
Garage Spaces2

Land Information

APN100435
Land UseResidential
Legal DescriptionA0170 S CONTEZ, ACRES 8.365
Census Tract950800
Assessed Land Value$156,920
Assessed Improvement Value$347,340
Assessment Year2025

About this property

A Little Country Charm, a Lot of Privacy, and Room to Enjoy the Good Life! Tucked away on 8.365 beautiful acres in the peaceful countryside of Ravenna, this inviting property offers the kind of country living that's getting harder to find. Surrounded by mature hardwoods, this private setting features a picturesque pond and gently sloping terrain toward the back of the property, creating a beautiful backdrop for enjoying the outdoors. Conveniently located on a paved road, this property offers the perfect blend of peaceful country living and everyday accessibility. The well-maintained home features 3 bedrooms, 2.5 baths, a dedicated office, and a formal dining room. A warm and welcoming wood-burning fireplace adds character and charm to the living space, while the covered back porch provides the perfect spot to enjoy your morning coffee, unwind in the evenings, or simply take in the beauty of the surrounding property. A carport with additional storage area provides convenient space for parking and extra storage. Whether you're looking for a private country retreat, room to enjoy the outdoors, or simply a place to slow down and appreciate the beauty of country living, this 8.365-acre property is full of possibilities. Come enjoy the privacy, the trees, the pond, and the charm of country life just northwest of Bonham. Information deemed reliable, but buyer and buyer's realtor should verify.

Investor Tools

$137,084Estimated Mortgage Balance
$386,245Estimated Equity
73% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,504 /month
Positive
Cash Flow Estimate:
$1,168 /month

Interested in this property?

Steve Swadley

Three Trees Realty

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$353/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,620
$504,260
2025
$156,920
$347,340
$504,260
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,620
$504,260

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Great Western Financial Services Inc
Stand Alone First / Home Equity First Lien
$164,500
No
First
Aug 17, 2018
Sep 2048

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$137,084
$385,916
73%
26%
$987/mo

City: Ravenna

4970 Fm 274 | Property Details | No Agent List