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$54,000

1016 E Fannin St, Luling, TX, 78648

Off MarketInfo
Baths0 Bath

Highlights

Interior

Bathrooms 0Bathrooms 0

Exterior

Lot Size10,324 sqft

Land Information

APN0701706-001-005-00
Lot Number5
SubdivisionFannin Place Subd
Land UseVacant Land
Legal DescriptionFANNIN PLACE SUBD, BLOCK 1, LOT 5
Census Tract960701
Assessed Land Value$22,200
Assessment Year2025

About this property

This is a nice level, corner lot in the City of Luling. There were 5 duplex lots platted, and owner has decided not to build the 5th duplex. The lot is zoned for Residential Duplex so you can also build a residential house. City utilities are in the alley behind the lots, but buyer should confirm the status and location of those taps. Lot is 140 by 72 ft.

Investor Tools

Property Icon
$54,000
Estimated Property Value
$0Estimated Mortgage Balance
$54,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$390 /month
Positive
Cash Flow Estimate:
$130 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$57/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$411
$22,200
2025
$22,200
N/A
$22,200
No

Tax History

Year
Tax Paid
Assessed Value
2024
$411
$22,200

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$54,000
100%
0%
$0/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: Luling

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