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ActiveMLS #3296364

290 Richmond ST, McDade TX 78650

McDade, TX 78650 · McDade City

Single Family Residence for sale in McDade City

3Bedrooms
2Bathrooms
1,949Square Ft
5.20Acres
0Garage
2006Year Built
New
1 / 8
$500,000

Overview

Property Description

Enjoy the freedom and flexibility of this unrestricted 5.2-acre property located in the peaceful community of McDade, Texas. Conveniently situated just 10 minutes from Elgin, 20 minutes from Bastrop and Giddings, less than two hours from Houston, and approximately 40 minutes from Austin-Bergstrom International Airport. Grocery stores, shopping, and medical facilities are readily available in Elgin, Bastrop, and Giddings. The property offers frontage on both Richmond Street and Brenham Street, providing convenient access and additional possibilities for use. The 1,949-square-foot home was constructed in 2006 and features 3 bedrooms and 2 bathrooms. The home is ready for a new owner's personal touch and offers good bones and an opportunity to make it your own. Adding to the property's versatility is a substantial 40' x 120' concrete slab with metal framing already in place. One end is plumbed for living quarters. The owner's original vision was to create an apartment for a family member, along with a workshop and garage. Whether you envision additional living space, a shop, storage, or a combination of uses, the possibilities are numerous. This is a great opportunity for someone looking for unrestricted acreage, room to spread out, and the flexibility to create a property that fits their needs. Need more elbow room? The adjoining 7 acres is available.

Financial Info
Price
$500,000
$ / Sqft
$257
HOA
None
Tax Rate
1.58%
Est. Taxes
$1,715.39
Tax Year
2026
Exemptions
Homestead
Legal Info
Address
290 Richmond ST
County
Bastrop
City
McDade
State
TX
Zip
78650
Subdivision
McDade City
Legal Description
MCDADE CITY, BLOCK 2D, LOT 2, ACRES 5.200
Parcel
10744
Interior Features
Floor
Laminate
Num Living
1
Dining
1
Appliances
See Remarks
Laundry
See Remarks
Master Main
Yes
Interior Features
None
General Info
Beds
3 Total / 3 Main Level
Full / Half Baths
2 / 0
Prop Type
Residential
Property Type
Single Family Residence
Stories
1
Year Built
2006 / Resale
Square Feet
1,949 / Public Records
Garage Desc
Parking Lot
Foundation
Slab
Roof
Metal
Construction
Metal Siding
Acres
5.20
Lot Description
Views
Restrictions
None
Flood Plain
No
View
Hill Country
Water Access
No
Waterfront
No
Area
EL
Utility Info
Water
See Remarks
Sewer
Septic Tank
Utilities
Above Ground
Heat
None
A C
None
Exterior Features
Fence
See Remarks
Exterior Features
None
Pool On Property
No
Area Amenities
None

Price history

Members only
Days on market
$500,000
List price
0
Price reductions
Active
Since Sep 29, 2026
Property history0 events

No price or status changes recorded yet.

Taxes

Tax data isn’t available for this property’s county yet.

Schools

School Info
District
McDade ISD
Elementary
McDade
Middle
McDade
High
McDade

Maps

Financing

Your preferences

  • 20% down
  • Conv/Jumbo
  • 30 years
  • 6.50% rate

Saved on this device

List price $500,000
Down payment
Stays 20% if you change the price
Note rate, not APR
From this listing’s tax record
*Estimated only (1% of price / yr)

Estimated monthly payment

$3,088 / mo

20% down · 6.50% interest · 30-year fixed

Estimated monthly payment $3,088

Principal & interest
$2,528
Property taxes
$143
Homeowners insurance
$417

*PITI only

These figures are estimates for general information only — not a loan offer, a quote, or a guarantee of financing terms.

Principal, interest and balance for each year
YearStarting balancePrincipal paidInterest paidEnding balancePrincipal vs interest
1$400,000$4,471$25,868$395,529
2$395,529$4,770$25,569$390,759
3$390,759$5,090$25,249$385,669
4$385,669$5,431$24,909$380,238
5$380,238$5,794$24,545$374,444
6$374,444$6,182$24,157$368,261
7$368,261$6,596$23,743$361,665
8$361,665$7,038$23,301$354,627
9$354,627$7,510$22,830$347,117
10$347,117$8,013$22,327$339,105
  • Year 1$395,529
    Principal paid
    $4,471
    Interest paid
    $25,868
    Starting balance
    $400,000
  • Year 2$390,759
    Principal paid
    $4,770
    Interest paid
    $25,569
    Starting balance
    $395,529
  • Year 3$385,669
    Principal paid
    $5,090
    Interest paid
    $25,249
    Starting balance
    $390,759
  • Year 4$380,238
    Principal paid
    $5,431
    Interest paid
    $24,909
    Starting balance
    $385,669
  • Year 5$374,444
    Principal paid
    $5,794
    Interest paid
    $24,545
    Starting balance
    $380,238
  • Year 6$368,261
    Principal paid
    $6,182
    Interest paid
    $24,157
    Starting balance
    $374,444
  • Year 7$361,665
    Principal paid
    $6,596
    Interest paid
    $23,743
    Starting balance
    $368,261
  • Year 8$354,627
    Principal paid
    $7,038
    Interest paid
    $23,301
    Starting balance
    $361,665
  • Year 9$347,117
    Principal paid
    $7,510
    Interest paid
    $22,830
    Starting balance
    $354,627
  • Year 10$339,105
    Principal paid
    $8,013
    Interest paid
    $22,327
    Starting balance
    $347,117
First 10 of 30 years

Nearby

Courtesy of Texas Ranch Brokers LLC · (512) 756-7718

Listings courtesy of ACTRIS as distributed by MLS GRID.