For SaleExcellent Deal38 days on market
23684 Fm 227 E
23684 Fm 227 E, Kennard, TX 75847, Kennard, TX 75847
$55,000
Listing Price
23684 Fm 227 E, Kennard, TX 75847
Loc: Kennard, TX
Days Listed
38
Tax Assessed
$59k
Lot Size
2.00 acres
Rent Estimate
$1,054/mo
Est. Cash Flow base
Type
single family
More Than Just a Property
We believe a home extends beyond its walls. That's why we help you explore the pulse of the community—from top-rated schools to essential emergency services. Your safety, well-being, and connection to the neighborhood matter to us.
4.9
Safety Score
A+
Schools
Nearby Schools
Educational options and performance ratings in the area.
7
Kennard School
PK-12
4.4 mi away
Property Overview
No property narrative or remarks were supplied in the source listing records. Underwriting and financial metrics are calculated directly from public record data and MLS attributes.
Features & Amenities
ruralsecludedwooded acreageranch-style houselarge lotforest borderhunting landsingle-storynatural landscapepeacefulcountry livingopen spacerecreational potential
Haven AI Verdict
Recommendation
Excellent
Confidence Score: 10/10
Strong rental demand expected in this area (98% occupancy rate).
Turnkey property requiring minimal initial CapEx.
Cap Rate
12.50%
Total ROI
230.5%
Cash Flow
$287/mo
DSCR
2.01
Was this AI Verdict accurate?
Data provided by Haven AI. Disclaimer
Haven AI
Property yields an estimated $287/mo net cash flow with a 12.5% cap rate. Underwriting indicates excellent fundamentals for long-term hold.
Strengths
- • Favorable cap rate profile (12.5%)
- • Strong rental demand in Kennard
Considerations
- • Verify historical operating expenses and local tax assessment
- • Confirm current lease terms and tenant estoppel certificates
10-Year Price Projection
Price & Tax History
Price History
| Date | Event | Price | Price/sqft |
|---|---|---|---|
| 2026-09-03 | Price change | $55,000 | $72 |
| 2026-08-09 | Price change | $59,000 | $77 |
| 2026-06-23 | Price change | $60,000 | $79 |
| 2026-03-25 | Pending sale | $57,000 | $75 |
| 2026-03-14 | Price change | $57,000 | $75 |
| 2026-03-13 | Price change | $55,000 | $72 |
| 2026-03-01 | Price change | $60,000 | $79 |
| 2026-02-24 | Price change | $59,000 | $77 |
| 2026-02-22 | Price change | $60,000 | $79 |
| 2026-02-16 | Price change | $59,000 | $77 |
| 2026-02-10 | Price change | $62,000 | $81 |
| 2026-02-06 | Price change | $60,000 | $79 |
| 2026-02-02 | Price change | $62,000 | $81 |
| 2026-01-26 | Price change | $63,000 | $83 |
| 2026-01-15 | Price change | $62,000 | $81 |
| 2026-01-05 | Price change | $65,000 | $85 |
| 2025-12-15 | Listed for sale | $69,000 | $91 |
Tax History
| Year | Property Tax | Tax Assessment |
|---|---|---|
| 2025 | $353.38 | $59,160 |
| 2024 | $353.04 | $59,160 |
| 2023 | $338.88 | $54,980 |
| 2022 | $283.42 | $42,110 |
| 2021 | $0 | $33,510 |
| 2020 | $0 | $32,910 |
| 2018 | $0 | $24,850 |
| 2017 | $0 | $24,250 |
| 2016 | $0 | $24,150 |
| 2015 | $0 | $23,950 |
| 2014 | $0 | $23,950 |
| 2013 | $0 | $23,450 |
| 2012 | $0 | $23,450 |
| 2011 | $0 | $23,450 |
| 2010 | $0 | $23,450 |
| 2009 | $0 | $23,450 |
| 2008 | $0 | $23,450 |
| 2007 | $0 | $23,450 |
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