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Days40Days on Market
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$549,000

767 County Road 1218, Brashear, TX, 75420

On MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,153 Sq Ft
price_per_sqft$254.99 / sqft
Year BuiltBuilt in 2015

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms 3Bathrooms 3
AppliancesConvection Oven, Dryer, Dishwasher, Electric Range, Electric Water Heater, Microwave, Refrigerator, Vented Exhaust Fan, Water Purifier, Washer
FlooringCombination, Concrete, Laminate, Linoleum

Exterior

Exterior FeaturesDock, Garden, Lighting, Outdoor Shower
Lot Size15.03 acres

Building Information

Year Built2015
Garage Spaces2

Land Information

APNR000010038
SubdivisionBallanova M Survey A-
Land UseResidential
Legal DescriptionACRES: 15.028 ABS: 40 TR: 18-16 SUR: BALLANOVA M
Census Tract950302
Assessed Land Value$165,310
Assessed Improvement Value$187,330
Assessment Year2025

About this property

This charming two-story, 4-bedroom, 2.5-bath home sits off a quiet, dead-end county road just 10 minutes from Sulphur Springs. The main level boasts an open floor plan, featuring a built-in bar, a wood-burning stove, and a built-in bench in the living room, creating a cozy and spacious layout. The primary bedroom is located off the living room and includes an expansive bathroom with a large soaking tub, walk-in shower, and a convenient washer dryer closet. A full bathroom and a guest bedroom-well-suited for an office or playroom-are also on the first floor. French doors lead to a boot room and an all-season room overlooking the backyard and pond. Upstairs, you will find two bedrooms, a half bath, and a TV lounge with abundant storage. The clean, insulated two-car garage is lined with plywood, making it simple to install shelving, hooks, or gym equipment. Situated on 15 acres surrounded by woods, the property features cleared trails, a stocked pond with a pier, a fenced garden, a chicken or small livestock pen, and a large open lawn. Additional amenities include a standalone, climate-controlled cabin with a half bath (functional space for an office or guests); a 2-car carport; a workshop with 240V wiring and covered RV parking; an aerobic septic system that irrigates the front lawn; and a low-maintenance concrete driveway suitable for basketball or rollerblading. Additionally, the property holds 3 documented years of agricultural use history, positioning the next owner well toward a 1-d-1 Ag valuation. This property has the perfect balance: plenty of room to roam, high-function workshop space, and peaceful rural living close to town.

Investor Tools

Property Icon
$500,000
Estimated Property Value
$183,600Estimated Mortgage Balance
$261,482Estimated Equity
63% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,294 /month
Positive
Cash Flow Estimate:
$1,098 /month

Interested in this property?

Steven Koleno

Beycome Brokerage Realty LLC

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$336/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,530
$352,640
2025
$165,310
$187,330
$352,640
No

Tax History

Year
Tax Paid
Assessed Value
2025
$1,530
$352,640

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Caliber Home Loans Inc
Conventional
$183,600
No
First
Jun 30, 2017
Jul 2047

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$238,518
$261,482
52%
48%
$1,719/mo

Learn About the Market: Opportunity in Texas

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Explore

Texas

Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.

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Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: Brashear

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