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$366,000

830 County Road 1550, Chico, TX, 76431

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,862 Sq Ft
price_per_sqft$179.91 / sqft
Year BuiltBuilt in 1968

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 1.5Bathrooms Full 1.5
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Electric Range, Electric Water Heater, Microwave, Refrigerator
FlooringCarpet, Ceramic Tile, Laminate

Exterior

Lot Size1.87 acres

Building Information

Year Built1968
Stories1
Roof Type158
Garage Spaces2

Land Information

APNA0411.0004.00
SubdivisionA-411 Wm Hersee
Land UseResidential
Legal DescriptionA-411 WM HERSEE 1.8700 ACRES
Census Tract150404
Assessment Year2025

About this property

Bring the kids! Bring the chickens! This tranquil 3bedroom 2 bath brick on 2 acres has room for everyone! Backyard is shaded with mature trees, while surrounded by plenty of open space to have a garden, pool or even build another home. Interior has huge eat in kitchen, walk in pantry and a nice open living floorplan with tile and solid surface flooring, new roof in 2023. If freedom is what you're looking for this could be your oasis. Outside city limits, NO HOA, NO water bill, Low electric bills, private water well, septic system and added insulation in roof. Separate 2 car garage with shop, 2 outbuildings with electricity, 2 complete RV hookups, 5th wheel is presently hooked up to one and stays with property. Needs work. The location is just close enough to everything, yet far enough to truly embrace the country life. Lake Bridgeport 7 miles, Decatur 11 miles, Bridgeport 7 miles and Alvord 6 miles. All information to be verified by buyers agent and buyer.

Investor Tools

Property Icon
$366,000
Estimated Property Value
$335,000Estimated Mortgage Balance
$0Estimated Equity
8% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,196 /month
Positive
Cash Flow Estimate:
$732 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$178/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$304
$251,798
2025
N/A
N/A
$297,941
No

Tax History

Year
Tax Paid
Assessed Value
2024
$304
$251,798

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Usaa Fsb
Va
$335,000
Yes
First
Jun 5, 2025
Jul 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$659,204
N/A
0%
180%
$4,018/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.

Explore Texas Explore This Area
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: Chico

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830 County Road 1550 | Property Details | No Agent List