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$525,000

8938 W Highway 199, Springtown, TX, 76082

On MarketInfo
Just AddedInfo
Beds3 Beds
Baths2 Bath
Baths1,664 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$315.5 / sqft
Year BuiltBuilt in 2010

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 1Bathrooms Full 1
AppliancesDryer, Dishwasher, Electric Range, Microwave, Refrigerator, Washer
FlooringCeramic Tile, Hardwood

Exterior

Lot Size5.08 acres

Building Information

Year Built2010
Stories1
Garage Spaces3

Land Information

APN22780-004-000-00
Land UseResidential
Legal DescriptionACRES: 5.080 ABST: 2780 SURVEY: MORTON R C
Census Tract140504
Assessed Land Value$177,670
Assessed Improvement Value$274,980
Assessment Year2026

About this property

Set on 5.08 fenced acres, this inviting 3 bedroom, 2 bath brick home blends comfortable living with true country functionality. A covered front porch-perfect for rocking chairs and a porch swing-welcomes you inside to a warm, split-bedroom layout anchored by a wood-burning fireplace and wooden plantation shutters on every window for timeless style and energy efficiency. The primary suite offers an oversized retreat with an ensuite bath featuring double sinks, a separate shower, a jetted soaking tub, and a large walk in closet. The master bath provides plenty of room for a sitting area, creating a comfortable space to unwind and enjoy the spa-like atmosphere. The kitchen area is enhanced by a large walk-in pantry with a sliding barn door, offering abundant storage and a charming farmhouse touch. The stacked washer-dryer and refrigerator will remain with the property, adding everyday convenience. Outside, the acreage is set up and ready for livestock or hobby use with a 3-stall barn equipped with electricity and water, complete with a wash bay, feed room, and tack room. A separate 30×50 metal garage provides exceptional storage-large enough for RV parking plus two additional vehicles-with two 10×8 roll-up doors, a 12×12 sliding door, and a 30×50 concrete pad connecting to the garage for additional parking or workspace. Enjoy quiet evenings under the western-style gazebo, perfect for relaxing or entertaining. The home is equipped with solar panels, eliminating electric bill concerns, and the HVAC was replaced just a few years ago, providing peace of mind. This property delivers the space, setup, and comfort you’ve been looking for all wrapped in a beautiful rural setting.

Investor Tools

$127,792Estimated Mortgage Balance
$324,858Estimated Equity
71% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,150 /month
Positive
Cash Flow Estimate:
$1,050 /month

Interested in this property?

Lori Pinson

Weichert REALTORS, Team Realty

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$562/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,482
$452,650
2026
$177,670
$274,980
$452,650
No

Tax History

Year
Tax Paid
Assessed Value
2025
$4,482
$452,650

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Gateway First Bank
Conventional
$135,000
No
First
Nov 24, 2023
Dec 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$127,792
$324,858
71%
28%
$810/mo

City: Springtown

8938 W Highway 199 | Property Details | No Agent List