ActiveResidential · sale

4015 FM 623

Mineral, TX 78125

$599,000

  • 4 beds
  • 3 baths
  • 3,235 sq ft
  • 17 acres
  • Built 1982

Listed by Rabe Real Estate LLC · MLS #1906124

4015 FM 623, Mineral, TX 78125 — photo 1 View full photo
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PROPERTY QUESTIONS & SHOWINGS

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4015 FM 623, Mineral, TX 78125 · MLS #1906124

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A FEW THINGS TO NOTICE

What stands out.

Details worth a look

Sidewalks connect the home to the carport and patio, creating easy movement throughout the property, while the spacious patio offers the perfect spot for morning coffee, evening stargazing, or simply enjoying the quiet beauty of the land.

Year built

Built in 1982.

Property size

17 acres listed.

Highlights from the listing description and property details. Confirm features with the listing agent.

THE PROPERTY

Get to know the property.

Welcome to 4015 FM 623, a beautifully renovated ranch home set on 17 peaceful acres in North Bee County, offering the perfect blend of country charm, modern comfort, and wide-open space for both living and ranching. This inviting four-bedroom, three-bath home underwent a thoughtful transformation in 2020, creating an open, airy floor plan and adding a spacious downstairs primary suite. The den, complete with a wet bar and drink cooler, provides a relaxing place to unwind while enjoying tranquil views of the large tank just outside- an ideal setting for quiet evenings or gatherings with friends. At the heart of the home is a bright, welcoming kitchen featuring new cabinetry, a white porcelain farmhouse sink, and rich wood countertops that bring warmth and character to every meal. Upstairs, a versatile landing area offers room for game nights, study space, or a cozy retreat, along with three generous bedrooms, a full bath, and abundant storage. The well-designed mudroom keeps daily life organized with space for the washer, dryer, freezer, and additional storage, plus a nearby full bath for added convenience. Outside, the property is fully equipped for livestock and ranching with two water wells, a barn, two stalls, a feed room, cross fencing, and a three-trap setup. Pens, corrals, and two tanks-one near the home and another in the pasture-make this an ideal place for Longhorns, Quarter Horses, or FFA projects. Sidewalks connect the home to the carport and patio, creating easy movement throughout the property, while the spacious patio offers the perfect spot for morning coffee, evening stargazing, or simply enjoying the quiet beauty of the land. Pipe fencing surrounds the home, adding security and a welcoming ranch aesthetic. Located just east of Mineral, this property offers a peaceful rural lifestyle without sacrificing accessibility. With its thoughtful updates, scenic acreage, and fully equipped ranch features, 4015 Fm 623 is a rare opportunity to own a truly complete country retreat.
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THE NEIGHBORHOOD

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4015 FM 623, Mineral, TX 78125

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THE DETAILS

The details, all in one place.

Property type
Residential
Category
Residential
Year built
1982
Full baths
3
Half baths
0
Cooling
One Central
Heating
Central
Flooring
Wood, Laminate
Exterior
Rock/Stone Veneer, Other
Accessibility
Stall Shower
Pool features
None
Subdivision
N/A
Parcel
1013800641
HOA amenities
None
Annual property tax
$3,203.00

Features and school information are supplied by the listing source. Confirm measurements, school assignments, HOA terms and rental restrictions before making a decision.

OWNERSHIP, WITH A PLAN

Investor outlook.

Explore this property’s rental potential with an all-cash purchase. Monthly rent starts at 5% of the purchase price per year, divided by 12. Adjust it and the other assumptions to explore your scenario.

These are planning assumptions, not a rental appraisal or a loan quote. The starting rent is a price-based estimate; a local leasing professional can help confirm market rent.

Investor outlook assumes an all-cash purchase. No mortgage payment is deducted.

Estimated monthly cash flow · cash purchase$1,539.86
Estimated monthly rent$2,495.83
Cap rate3.33%

Annual operating income: $19,975.77

HOA: No HOA cost is included because the listing source does not report one. Confirm whether HOA dues apply before relying on this estimate.

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Purchase price
Rental income & operating costs

Purchase price × 5% ÷ 12. Updates with purchase price until you enter a custom rent.

Annual insurance starts at purchase price × 0.25%, rounded to the nearest available amount. Updates with purchase price until you choose another amount.A planning estimate, not an insurance quote. Adjust it for your property and coverage.

Percentages are editable examples, not ERA fee quotes. Management is applied to rent after vacancy; maintenance and capital reserves use scheduled rent. Add owner-paid utilities, mortgage insurance and other recurring expenses under other costs.

How this scenario is calculated

Annual operating income is rent after vacancy, management, maintenance, taxes, insurance, HOA and other operating costs, before financing and capital reserves. Cap rate divides annual operating income by purchase price. Estimated monthly cash flow assumes an all-cash purchase: rent after vacancy, management, maintenance, taxes, insurance, HOA, other operating costs and capital reserves. No mortgage payment is deducted. The mortgage calculator is separate; loan payments would reduce cash flow for a financed purchase. One-time acquisition costs, renovations, income taxes, depreciation and appreciation are excluded.

Mortgage payment calculator

Explore financing separately. These loan settings do not change the all-cash investor outlook.

Mortgage assumptions

20% down and 7% interest are illustrative starting values.

Estimated monthly principal & interest—Loan payment only. Excludes property taxes, homeowners/flood insurance, mortgage insurance and HOA dues.

About this payment estimate

Based on a fixed-rate, fully amortizing loan with monthly payments and the price, down payment, interest rate and term you select. The interest rate is an example, not a current rate offer or APR; APR includes certain loan costs. This is an illustration, not a Loan Estimate, approval, offer of credit or commitment to lend.

Your actual payment, rate and eligibility depend on your lender, credit, loan program and property. Closing costs, points, prepaid expenses and lender fees are not included. Taxes and insurance may change, and mortgage insurance may be required, particularly with a down payment below 20%. Ask your lender for a Loan Estimate and a complete monthly payment including applicable taxes, insurance and fees.

Dollar results are rounded to the nearest cent; calculations retain precision until display. A cash purchase has no loan payment but still has ownership costs. Understand your total home payment (CFPB).

ERA PROPERTY MANAGEMENT

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Have a plan for what follows.

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  1. Understand the opportunity.

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  2. Make a strong first impression.

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  3. Stay connected to your investment.

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Stone-front home with a landscaped lawn and central entry
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Listing information

MLS #1906124 · San Antonio Board of Realtors

Listing brokerage: Rabe Real Estate LLC
Listing agent: Janet DiMaggio

Listing status: Active. Record updated . Confirm current availability and price with the listing agent.