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$400,000

5090 E Highway 199, Springtown, TX, 76082

On MarketInfo
Just AddedInfo
Beds4 Beds
Baths2 Bath
Baths1,437 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$278.36 / sqft
Year BuiltBuilt in 1965

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms 2Bathrooms 2
Garage AvailableGarage Available
AppliancesDryer, Dishwasher, Electric Range, Microwave, Refrigerator, Washer
FlooringCarpet, Linoleum

Exterior

Lot Size13,504 sqft

Building Information

Year Built1965
Stories1
Garage Spaces3

Land Information

APN21280-010-000-00
Land UseResidential
Legal DescriptionACRES: 0.310 ABST: 1280 SURVEY: SLOVER PERLEE TR: BLK: SURV: PERLEE SLOVER
Census Tract140408
Assessed Land Value$27,900
Assessed Improvement Value$161,440
Assessment Year2026

About this property

PRIME HIGHWAY 199 EXPOSURE WITH UNLIMITED POTENTIAL! Ideally positioned on a high-visibility corridor in Springtown, this 1,437 sq ft single-story home sits on a manageable 0.31-acre parcel with a covered carport. Built in 1965, the solid home offers a flexible blank canvas ready for a residential makeover or commercial conversion. Given its direct Highway 199 frontage, this property holds strong commercial re-zoning potential, making it ideal for a professional office, retail boutique, trade service, or live-work setup. Enjoy authentic Parker County charm near La Junta paired with exceptional regional convenience. Local dining, Brookshire's grocery, and medical clinics are all under 5 minutes away. Major retail and commercial hubs in Weatherford and Lake Worth are easily accessible in just 20 to 25 minutes. Commuters and travelers will appreciate being approximately 35 minutes from Downtown Fort Worth and less than an hour from DFW International Airport. This flexible property is a rare find for end-users, business owners, and savvy investors alike. Bring your vision and capitalize on this high-growth Parker County location today!

Investor Tools

$30,721Estimated Mortgage Balance
$241,279Estimated Equity
88% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,400 /month
Positive
Cash Flow Estimate:
$800 /month

Interested in this property?

Audie Renee

Keller Williams Brazos West

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$142/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$344
$189,340
2026
$27,900
$161,440
$189,340
Yes (2024)

Tax History

Year
Tax Paid
Assessed Value
2025
$344
$189,340

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Fort Worth Community Cu
Credit Line (Revolving) / Heloc
$37,500
No
First
Jan 16, 2018
Jan 2038

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$30,721
$241,279
88%
11%
$225/mo

City: Springtown