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Days118Days on Market
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$119,000

1005 N Gonzales St, Marfa, TX, 79843

$154,700 ARVInfo
On MarketInfo
Baths0 Bath
Baths1,396 Sq Ft
Unimproved LandUnimproved Land

Highlights

Interior

Bathrooms 0Bathrooms 0

Exterior

Lot Size6,752 sqft

Land Information

APN130800000050002000100
Lot Number2,3
Land UseResidential
Legal Description5, MAHON N 35' OF LOT 2 & S 15' OF LOT 3
Census Tract950100
Assessed Land Value$39,570
Assessed Improvement Value$63,610
Assessment Year2025

About this property

Blank Canvas in Marfa – Design Your Dream Desert Escape Create your own vision in the heart of Marfa. This unique opportunity offers a true blank canvas to design and build the home you’ve always imagined. With on-site space for bed, bath, and open-concept living, you can shape every detail to reflect your style and creativity. Live under the stars and the beautiful, endless skies that make Marfa world-famous. Wake up to breathtaking West Texas sunrises and unwind in the calm, golden glow of desert evenings. Embrace the art-filled lifestyle and relaxed West Texas pace that draw creatives, dreamers, and investors from around the world. Whether you’re an artist seeking inspiration, a designer craving space to create, or someone who has always wanted to invest in Marfa, this is a rare and exciting opportunity. Design boldly. Live freely. Experience Marfa.

Investor Tools

$0Estimated Mortgage Balance
$118,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
$154,700
Rent-to-Value Ratio: 0.72%
Rent Estimate
$714 /month
Positive
Cash Flow Estimate:
$238 /month

Interested in this property?

Ofelia McDonald

Pauly Presley Realty

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$217/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,017
$103,180
2025
$39,570
$63,610
$103,180
No

Tax History

Year
Tax Paid
Assessed Value
2025
$2,017
$103,180

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$118,000
100%
0%
$0/mo

Learn About the Market: Opportunity in Texas

Local Market Pages
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Explore

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.

Explore Texas Explore This Area
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: Marfa

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1005 N Gonzales St | Property Details | No Agent List