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$830,000

10381 Fm 512, Wolfe City, TX, 75496

On MarketInfo
Just AddedInfo
Beds3 Beds
Baths3 Bath
Baths2,121 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$391.32 / sqft
Year BuiltBuilt in 2014

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 3Bathrooms 3
Garage AvailableGarage Available
Heating GasHeating Gas
AppliancesDishwasher, Electric Range, Microwave
FlooringCarpet, Ceramic Tile, Hardwood

Exterior

Exterior FeaturesRain Gutters, Private Entrance, Storage
Lot Size46.09 acres

Building Information

Year Built2014
Stories1
Roof Type112
Garage Spaces3

Land Information

APN0040-W370-0000-61
SubdivisionBarr Benjamin F
Land UseResidential
Legal DescriptionA0040 BARR BENJAMIN F,TRACT W37, ACRES 46.088
Census Tract960200
Assessed Land Value$17,290
Assessed Improvement Value$380,000
Assessment Year2025

About this property

Welcome to 10381 FM 512 Wolfe City, TX, this 46-acre ag-exempt horse and livestock property offers productive pastureland, two ponds, mature pecan trees and oaks, perimeter fencing, cross fencing, and extensive ranch improvements. The 3-bedroom, 3-bath home features an open floor plan, hardwood floors, vaulted ceilings, wood-burning fireplace, eat-in kitchen, dedicated dining area, and a spacious primary suite with direct patio access. Finished two-car garage connects to a mudroom and half bath. A 50x40 insulated weld-up metal shop and barn features 25-foot front and rear overhangs, an enclosed breezeway between the stalls and shop, four overhead doors, two walk-through doors, electric, and plumbing in place for a future apartment or additional living space. Equestrian and livestock amenities include four covered 12x12 Priefert stalls, tack room, animal wash station, holding areas, and fenced pasture. Productive hay pasture yielded 51 bales at the last cutting. Class 3 shingles installed in 2024. An ideal North Texas acreage property for horses, cattle, livestock, ranching, hay production, or country living. Come see it for yourself!

Investor Tools

$0Estimated Mortgage Balance
$421,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,980 /month
Positive
Cash Flow Estimate:
$1,660 /month

Interested in this property?

Leah Cunningham

JPAR - Rockwall

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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
$2,598
$397,290
2025
$17,290
$380,000
$883,630
No

Tax History

Year
Tax Paid
Assessed Value
2025
$2,598
$397,290

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$421,000
100%
0%
$0/mo

Learn About the Market: Opportunity in Texas

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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: Wolfe City

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