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$446,000

5833 Fm 1652, Grand Saline, TX, 75140

On MarketInfo
Just AddedInfo
Beds4 Beds
Baths3 Bath
Baths2,232 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$199.82 / sqft
Year BuiltBuilt in 2022

Property Lead Type:

Absentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Garage AvailableGarage Available
AppliancesSome Gas Appliances, Gas Range, Gas Water Heater, Plumbed For Gas, Tankless Water Heater, Vented Exhaust Fan
FlooringConcrete

Exterior

Exterior FeaturesRain Gutters
Lot Size2 acres

Building Information

Year Built2022
Garage Spaces4

Land Information

APN046.0259.0060.0003.0000
Land UseResidential
Legal DescriptionACRES: 2.000 ABST: 259 SUR: W FITZHUGH
Census Tract950100
Assessed Land Value$82,880
Assessed Improvement Value$320,070
Assessment Year2026

About this property

**Two Homes on 2 Acres – Country Living with Income Potential!** Situated on 2 acres in Grand Saline, this property features two separate residences, ideal for multigenerational living, rental income, or extended family and guests. The spacious main home offers an open-concept layout with soaring vaulted ceilings, concrete floors, and a kitchen featuring a large gas range, vented exhaust hood, acacia butch block island, and breakfast bar. The generously sized downstairs primary suite includes a private bathroom, dual walk-in closets, and dedicated office area. A second downstairs bedroom has direct access to a full bathroom shared with guests, while the upstairs loft offers flexible space for a third bedroom, game room, or additional living area. The oversized attached garage, currently used as a workshop, accommodates multiple vehicles, or a boat. Complete with a utility sink and mini-split climate control, it also offers potential for conversion into additional living space. Additional features include spray foam insulation, a 5-ton central HVAC system, an 800-gallon aerobic septic system, and a generator connection for backup power. The second residence includes a kitchen, living area, bedroom, full bathroom, and private fenced outdoor space. Currently tenant-occupied, it offers supplemental rental income potential. Each home has separate water and electric meters for added convenience. Outside, enjoy peaceful country surroundings, fenced acreage, and a covered patio perfect for relaxing or entertaining. The 2-acre property provides plenty of room for gardening, recreation, pets, and more, with convenient access to Interstate 20. Sellers are also willing to negotiate the sale of a generator, air compressor, appliances, pool table, and other furnishings and equipment. Whether you're seeking a country retreat, space for extended family, or an income-producing opportunity, this versatile property has plenty to offer. Schedule your showing today!

Investor Tools

$0Estimated Mortgage Balance
$654,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,924 /month
Positive
Cash Flow Estimate:
$1,308 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$615/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,113
$402,950
2026
$82,880
$320,070
$402,950
No

Tax History

Year
Tax Paid
Assessed Value
2025
$4,113
$402,950

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$654,000
100%
0%
$0/mo

City: Grand Saline

5833 Fm 1652 | Property Details | No Agent List