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$697,719

NAL Estimated Property Value

000 Highway 281 Highway N, Scotland, TX, 76379

Off MarketInfo
Baths0 Bath
RanchRanch

About this property

ATTENTION! Investors and Developers. This beautiful property can be so many things whether a place for your new home and plenty of land for livestock and crops as well as excellent hunting with numerous wildlife in the wooded pasture that is adjacent to Lake Arrowhead. The primary development would be to subdivide this great property and make an incredible subdivision in this quiet small town located only minutes from downtown Wichita Falls and all of the amenities you need. There is 687 feet of highway frontage on Hwy 281 making it perfect for convenience stores and gas station for necessities for the subdivision. Please take time to look at this great opportunity.

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0% equity
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Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,186 /month
Positive
Cash Flow Estimate:
$1,395 /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: Scotland

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000 Highway 281 Highway N | Property Details | No Agent List