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$399,000

9217 Fm 1861, Eustace, TX, 75124

On MarketInfo
Just AddedInfo
Beds3 Beds
Baths2 Bath
Baths1,607 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$248.29 / sqft
Year BuiltBuilt in 2002

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 2Bathrooms 2
Garage AvailableGarage Available
AppliancesDishwasher, Electric Range, Electric Water Heater, Microwave
FlooringLinoleum, Wood

Exterior

Exterior FeaturesStorage
Lot Size4.02 acres

Building Information

Year Built2002
Stories1
Garage Spaces2

Land Information

APN070.0363.0030.0006.0000
Land UseResidential
Legal DescriptionACRES: 4.016 ABST: 363 SUR: J HUFFER
Census Tract951001
Assessed Land Value$117,660
Assessed Improvement Value$270,380
Assessment Year2026

About this property

Discover the ideal East Texas homestead on more than 4+ fully fenced acres, offering privacy, recreation, and room to enjoy the country lifestyle. This 3-bedroom, 2-bath home includes a 2-car garage and a private primary suite featuring tray ceilings, a spacious bath with a soaking tub, separate oversized walk-in shower, and two separate walk-in closets. Inside, the inviting living area showcases real wood flooring and a brick wood-burning fireplace. The charming U-shaped kitchen offers oak cabinetry, on-trend green countertops, and recent range, dishwasher, and microwave. Major updates include a recent HVAC system and water heater. Relax on the welcoming front porch overlooking the pond, which is currently dry due to drought conditions, but gorgeous. Explore trails that wind through the wooded acreage—ideal for walking, riding, or ATV use—while a creek runs along the rear of the property. Deer and other native wildlife are frequent visitors, creating a peaceful setting for outdoor enthusiasts. With a workshop-storage building, private well supplied by the Wilcox Aquifer, and land ready for gardening, animals, and self-sufficient living, this property is well suited for a homestead, weekend retreat, or full-time country residence. Conveniently located just off a quiet FM road, with easy access to downtown Eustace, Canton, and Athens. Out of city limits, no known restrictions and no water bill. Fiber Optic is here!

Investor Tools

$225,170Estimated Mortgage Balance
$177,830Estimated Equity
44% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,418 /month
Positive
Cash Flow Estimate:
$806 /month

Interested in this property?

Elaine Fabbri

RE/MAX Landmark Rose

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$269/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,213
$388,040
2026
$117,660
$270,380
$388,040
Yes (2024)

Tax History

Year
Tax Paid
Assessed Value
2025
$1,213
$388,040

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Reverse Mortgage Funding Llc
Reverse Mortgage / Hecm
$282,000
No
First
Feb 13, 2017
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$225,170
$177,830
44%
56%
$1,691/mo

City: Eustace

9217 Fm 1861 | Property Details | No Agent List