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$399,000

0000 Parra Dr, Diana, TX, 75650

On MarketInfo
Baths0 Bath

About this property

Unlock the potential of this 10.36-acre tract ideally located with frontage along US Highway 259 in the growing community of Diana, Texas. This property has been platted into 12 residential lots, making it an outstanding opportunity for builders, developers, or investors looking to capitalize on the area's continued growth. An existing paved interior road provides a valuable head start, helping reduce development costs and speeding up the path toward construction. Whether you choose to complete the planned subdivision, build custom homes, or hold as a long-term investment, this property offers flexibility and exceptional potential. With easy access to Longview, Gilmer, and surrounding East Texas communities, this location combines convenience with the peaceful setting buyers are seeking. Large homesites, highway accessibility, and increasing demand for new construction make this a rare investment opportunity.

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0% equity
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Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,394 /month
Positive
Cash Flow Estimate:
$798 /month

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Janti Patel

Ramsey Realty Group

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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: Diana

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0000 Parra Dr | Property Details | No Agent List