290 Richmond ST, McDade TX 78650
McDade, TX 78650 · McDade City
Single Family Residence for sale in McDade City
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
No price or status changes recorded yet.
Taxes
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
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.
| Year | Starting balance | Principal paid | Interest paid | Ending balance | Principal 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
Nearby
Courtesy of Texas Ranch Brokers LLC · (512) 756-7718
Listings courtesy of ACTRIS as distributed by MLS GRID.