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Last 24 HoursLast 24 Hours

$6,310

NAL Estimated Property Value

0 FM RD 429, Terrell, TX, 75161

Off MarketInfo
Baths0 Bath

Highlights

Interior

Bathrooms 0Bathrooms 0

Exterior

Lot Size8.10 acres

Land Information

APN99.0256.0000.0015.01.06.00
SubdivisionRichard R Jones
Land UseAcreage Farm And Ranch Land
Legal DescriptionRICHARD R JONES, TRACT 15.01; 8.096 ACRES
Assessed Land Value$6,310
Assessment Year2025

About this property

5 acres of versatile land! Prime location right of 429 !! Unrestricted, ready for your dream home, utilities available at the main road on 429 with no HOA!! Land is unzoned, ready for your use!! You can build a custom home, barndominium, or to keep your cattle, you can use it for any of your needs!! Close to down town Terrell, minutes from Down Town Dallas! For driving directions -use 32526 FM 429, Terrell, once you arrive, the listing will be about 100 down from this address. This is the address closest to the property. When you arrive to 32526 FM 429, you will see a red street sign Mount Carmelo Dr. Turn right on dirt road, drive down about .5 mile until you see sign.

Investor Tools

Property Icon
$6,310
Estimated Property Value
$123,903Estimated Mortgage Balance
$0Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$900 /month
Positive
Cash Flow Estimate:
$300 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$11/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$100
$6,310
2025
$6,310
N/A
$279,874
No

Tax History

Year
Tax Paid
Assessed Value
2024
$100
$6,310

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
First Financial Bank
Commercial
$127,500
No
First
Oct 18, 2024
Nov 2039

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$123,903
N/A
0%
1964%
$765/mo

Learn About the Market: Opportunity in Texas

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Texas

Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.

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Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: Terrell

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0 FM RD 429 | Property Details | No Agent List