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$650,000

502 County Road 182, Marlin, TX, 76661

On MarketInfo
Just AddedInfo
Beds— Beds
Baths— Bath
Baths2,576 Sq Ft
RanchRanch

Highlights

Interior

Bedrooms —Bedrooms —
Bathrooms —Bathrooms —

Exterior

Lot Size11 acres

Land Information

APN50147
Lot Number10
Land UseFarm & Ranch Improved - Rural Residence
Legal DescriptionA0067 LASERDA ATANACIO DE 11.0 ACRES (LOT 10 HIGH MEADOW RANCH)
Census Tract000800
Assessed Land Value$176,000
Assessed Improvement Value$251,910
Assessment Year2026

About this property

Along quiet county road 182 sits a fully improved 11 acres that has been curated for the discerning horse enthusiast. A custom 3 bed-2 bath metal barndominiom built in 2024, greets you with a covered wraparound porch for 180 degrees of unobstructed pasture views. Inside the home, tall ceilings give way to a much larger living space and an authentic western feel with stained concrete flooring and stainless appliances. A stone fireplace gives the living space a cozy feel with ample natural light throughout. Nice finishes are found throughout the rest of the home with all utilities in place including community water, septic, propane, and starlink. A 24’ x 30’ two horse stall with horse pasture access is in place with a tack and storage room. Water and electricity are in place as well to the stall. Approximately 4 Acres is fenced off for horse pasture leaving plenty of pasture room for riding or further improvements. All fencing is in excellent condition and ag exemption in place. Light restrictions are in place to protect your investment and absentee owners to the left and right could be a possible avenue for additional acreage. Shopping and dining is only a brisk 9 minutes into town for all of your creature comforts and only 35 minutes to Waco.

Investor Tools

$213,715Estimated Mortgage Balance
$430,285Estimated Equity
66% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,900 /month
Positive
Cash Flow Estimate:
$1,300 /month

Interested in this property?

Cody Maxwell

Capitol Ranch Real Estate

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$528/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,119
$427,910
2026
$176,000
$251,910
$427,910
No

Tax History

Year
Tax Paid
Assessed Value
2025
$3,119
$427,910

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Cadence Bank Na
Va
$222,041
Yes
First
Sep 18, 2024
Oct 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$213,715
$430,285
66%
33%
$1,332/mo

City: Marlin