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$135,000

10823 State Highway 198, Payne Springs, TX, 75156

Off MarketInfo
Baths0 Bath
Unimproved LandUnimproved Land

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Interior

Bathrooms 0Bathrooms 0

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Exterior FeaturesOther

About this property

LAND LAND LAND 2.883 Acres with open area, trees, seasonal creek, and some flood plain at the southern property line. Relocate or build your business on the street frontage and build your retreat home at the back of the property. Lots of possibilities with this location along SH 198. Build cottages and a vacation rental business, add utility hook-ups for an RV park, or just make this land your get-away with quick access to all the area attractions at Cedar Creek Lake, Athens, Canton, Purtis Creek State Park. 141 feet road frontage with fence and gate. 887 feet deep for privacy. SH 198 in Payne Springs across the SH 198 from Dollar General and Lighthouse Baptist Church.

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Rent-to-Value Ratio: 0.72%
Rent Estimate
$810 /month
Positive
Cash Flow Estimate:
$270 /month

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Financing Details

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

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: Payne Springs

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10823 State Highway 198 | Property Details | No Agent List