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$312,250

10198 Hawaii Ln, Midway, TX, 75852

Off MarketInfo
Baths0 Bath
Single Family ResidenceSingle Family Residence

Highlights

Interior

Bathrooms 0Bathrooms 0

Exterior

Lot Size32.28 acres

Land Information

APNR-0023-000-0233-901
Land UseVacant Land
Legal DescriptionA0023 JAMES MITCHELL TRACT 23-3 32.277 ACRES
Census Tract000100
Assessed Land Value$312,250
Assessment Year2025

About this property

Located in Madison County near Midway, this 33± acre unrestricted property offers a great mix of open pasture and natural beauty with a nice stock pond, abundant wildlife, and plenty of privacy. With approximately 1,000 feet of frontage on Hawaii Lane, it’s easily accessible yet feels secluded. The land is ideal for cattle grazing, recreational use, or building your dream home, and it already has a water well and electricity in place. Whether you're looking for a quiet country escape, a hunting retreat, or a functional piece of land to work and enjoy, this property is ready to go.

Investor Tools

Property Icon
$312,250
Estimated Property Value
$262,600Estimated Mortgage Balance
$53,882Estimated Equity
16% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,130 /month
Positive
Cash Flow Estimate:
$710 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$521/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,694
$312,250
2025
$312,250
N/A
$312,250
Yes (2019)

Tax History

Year
Tax Paid
Assessed Value
2022
$4,694
$312,250

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Farm Credit Services
Commercial
$262,600
No
First
Jun 27, 2025
Jul 2045

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$258,368
$53,882
17%
83%
$1,575/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: Midway

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10198 Hawaii Ln | Property Details | No Agent List