ActiveResidential · sale

315 FM 709 E

Dawson, TX 76639

$95,000

  • 2 beds
  • 1 baths
  • 1,075 sq ft
  • 0.48 acres
  • Built 1960

Listed by Rapid Realty, LLC · MLS #599649

A REAL PERSON, READY TO HELP

Interested in this property?

Connect with a local ERA professional for answers, a private showing, or help thinking through an offer.

Contact the property team

PROPERTY QUESTIONS & SHOWINGS

Ask about this property.

315 FM 709 E, Dawson, TX 76639 · MLS #599649

Your preferred tour

Times are local to the property. Your tour is not scheduled until an agent confirms.

Your purchase plans

Property inquiries go to help@erabrokers.com.

A FEW THINGS TO NOTICE

What stands out.

Details worth a look

The yard is ready for your personal touch, whether it’s a garden, play area, or outdoor entertaining space. **Key Features:** - **Prime Location:** Enjoy the convenience of living near an elementary school, making it an attractive choice for families.

Year built

Built in 1960.

Property size

0.48 acres listed.

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

THE PROPERTY

Get to know the property.

**Charming Fixer-Upper in a Family-Friendly Neighborhood** Welcome to your next investment opportunity! Nestled in a quaint small town and just a stone's throw from the local elementary school, this property is perfect for those seeking a project with significant potential. **Property Overview:** This cozy house sits on a small, cleared lot, providing a blank canvas for your landscaping dreams. The yard is ready for your personal touch, whether it’s a garden, play area, or outdoor entertaining space. **Key Features:** - **Prime Location:** Enjoy the convenience of living near an elementary school, making it an attractive choice for families. The tranquil small-town atmosphere offers a close-knit community feel while still being close to essential amenities. - **Expansive Lot:** The cleared lot presents endless possibilities for outdoor activities or potential expansions. Create a backyard oasis or add your touches to enhance curb appeal. - **Fixer-Upper:** This house requires some TLC, allowing you to customize and update the space to your liking. With the right vision and effort, you can transform this diamond in the rough into a charming home that reflects your style. - **Investment Potential:** Whether you’re a seasoned investor or a first-time homebuyer looking for a project, this property offers considerable potential for appreciation and resale value once renovations are complete. **Additional Information:** As you consider this property, take note that it has excellent potential for those willing to put in the work. The area is known for its friendly neighbors and a welcoming community atmosphere, making it a great place to settle down. This listing is a unique opportunity to create a space that truly feels like home, tailored to your needs and desires. Don’t miss out on the chance to make this house your own. **Important Note:** Buyer and buyer’s agent to verify all information.

THE NEIGHBORHOOD

Explore the location.

315 FM 709 E, Dawson, TX 76639

Loading property map…

Map position comes from the listing source. Open directions in Google Maps

THE DETAILS

The details, all in one place.

Property type
Residential
Category
Residential
Year built
1960
Full baths
1
Half baths
0
Garage spaces
0
Cooling
None
Heating
None
Utilities
ElectricityAvailable,WaterAvailable
Exterior
None
Fencing
None
Pool features
None
Spa
No
Parcel
33365

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
Estimated monthly rent$395.83
Cap rate

Annual operating income:

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

Have ERA review this rental estimate

Your property and current assumptions will be included for our team to review.

Adjust assumptions
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 & interestLoan 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

See its potential.
Have a plan for what follows.

Considering this property as a rental? Start with the numbers, then talk through the day-to-day with a local management team.

  1. Understand the opportunity.

    Review rental pricing, property condition and your ownership goals with a local professional.

  2. Make a strong first impression.

    Bring together property preparation, professional marketing and applicant screening.

  3. Stay connected to your investment.

    Get support with rent collection, resident communication, maintenance coordination and owner reporting.

Get a local rental estimateTalk through your management needs
Stone-front home with a landscaped lawn and central entry
A more complete plan for your property

LOCAL PEOPLE. SHARED COMMITMENT.

A team behind your next step.

From your first question to the everyday work of ownership, a conversation with the right person makes a difference.

Meet ERA Property Management

Residential management in Utah, Nevada and Texas. Service availability and rental eligibility must be confirmed for each property. Commercial and association services are available through our management services page.

YOUR CAREER. YOUR NEXT CHAPTER.

Find your place in real estate.

Just getting started?

Explore real estate education and available licensing courses through ARTI Academics.

Become a real estate agent

Ready to work with ERA?

Discover the people, broker support, technology and education behind an ERA real estate career.

Join ERA Brokers

Moving for work?

Explore ERA Corporate Services for relocation assistance, employer programs, and information for veterans and military families.

Explore Corporate Services

Listing information

MLS #599649 · Central Texas MLS

Listing brokerage: Rapid Realty, LLC
Listing agent: Katie Foley

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