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$485,000

8705 Fm 748, Miami, TX, 79059

On MarketInfo
Just AddedInfo
Beds3 Beds
Baths3 Bath
Baths2,376 Sq Ft
price_per_sqft$204.12 / sqft
Year BuiltBuilt in 1990

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 3Bathrooms Full 3
AppliancesDishwasher

Exterior

Exterior FeaturesFiber Board
Lot Size20 acres

Building Information

Year Built1990
Garage Spaces2

Land Information

APN165159051320791050000
Land UseResidential
Legal DescriptionSEC 79 BLK M-2 H&GN 20 AC CROSSOVER MIAMI ISD SEND DOCKET
Census Tract950100
Assessed Land Value$60,000
Assessed Improvement Value$140,040
Assessment Year2025

About this property

Welcome to this spacious country property surrounded by established grass and mature trees! This stucco home features a metal roof, new windows, tile flooring, abundant natural light, exposed beams and a wood-burning stove. Upstairs offers 3 bedrooms, including the primary, and 2 baths. Downstairs features 1.5 baths, 2 large mudrooms/flex spaces, office, oversized storage room, large dining area and a kitchen with great cabinets, giant pantry and appliances. Outside you'll find an attached shop, 3 indoor horse stalls, multiple runs, metal sorting pens, loading chute, Conex, barbed-wire perimeter fencing, well and septic. Enjoy it all from the amazing front porch!

Investor Tools

$345,353Estimated Mortgage Balance
$78,647Estimated Equity
18% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,910 /month
Positive
Cash Flow Estimate:
$970 /month

Interested in this property?

Hailey Callaway

Texas Made Realty

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$238/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$733
$200,040
2025
$60,000
$140,040
$200,040
No

Tax History

Year
Tax Paid
Assessed Value
2022
$733
$200,040

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Mortgage Research Center Llc
Va
$383,320
Yes
First
Aug 25, 2021
Sep 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$345,353
$78,647
18%
81%
$2,299/mo

City: Miami

8705 Fm 748 | Property Details | No Agent List