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$1,165,450

000 FM 1504, Wills Point, TX, 75169

Under ContractInfo
Baths0 Bath
Unimproved LandUnimproved Land

About this property

Discover 105 acres of beautiful East Texas countryside, perfectly suited for cattle, recreation, or your dream homestead. This expansive property offers excellent grazing land, complete with multiple water tanks to keep livestock well-supplied year-round. Ideally located between Canton and Wills Point and just minutes from I-20, you’ll enjoy the peace of rural living with the convenience of quick access to town, shopping, and Dallas amenities. With its wide-open pastures, gently rolling terrain, and classic East Texas scenery, this acreage isa rare opportunity for ranchers, investors, or anyone ready to build their slice of country paradise. To top it off, the land carries a unique piece of local history - from the 1930s to the 1950s, it was home to a highly successful rose-growing operation known as Landrum's Nursery.

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Rent-to-Value Ratio: 0.72%
Rent Estimate
$6,993 /month
Positive
Cash Flow Estimate:
$2,331 /month

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Financing Details

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

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: Wills Point

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000 FM 1504 | Property Details | No Agent List