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$402,000

1029 County Road 451, Lincoln, TX, 78948

Off MarketInfo
Baths0 Bath
Baths1,440 Sq Ft
RanchRanch
Year BuiltBuilt in 2018

Highlights

Interior

Bathrooms 0Bathrooms 0

Exterior

Private PoolPrivate Pool
Exterior FeaturesNone
Lot Size10.10 acres

Building Information

Year Built2018

Land Information

APN17074
Land UseResidential
Legal DescriptionA156 HEAD, W. M., TRACT 022, ACRES 10.1, LABEL# PFS1216316, SN# PHH330TX1822137A, TRACTS 2 PER SLIDE 95-A2.
Census Tract000200
Assessed Land Value$297,650
Assessed Improvement Value$65,260
Assessment Year2025

About this property

Nice property with 4 acres ag exempt for hay production and 6 wooded acres with no exemption. Great property for hunting and recreation. Electricity on property. Small out building that was being used as hunting cabin and deer feeder convey.Restrictions: Yes

Investor Tools

Property Icon
$402,000
Estimated Property Value
$163,000Estimated Mortgage Balance
$263,286Estimated Equity
59% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,412 /month
Positive
Cash Flow Estimate:
$804 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$392/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,692
$362,910
2025
$297,650
$65,260
$362,910
No

Tax History

Year
Tax Paid
Assessed Value
2025
$2,692
$362,910

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Sente Mortgage Inc
Conventional
$163,000
No
First
Dec 5, 2018
Jan 2049

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$138,714
$312,286
69%
35%
$978/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: Lincoln

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1029 County Road 451 | Property Details | No Agent List