Last 24 Hours
$1,200,000
1084 County Road 120, Giddings, TX, 78942
On Market
2 Beds
2 Bath
2,290 Sq Ft
$524.02 / sqft
Built in 1965Property Lead Type:
Absentee OwnerHigh Equity
Highlights
Interior
Bedrooms 2
Bathrooms 2Exterior
Lot Size1 acre
Building Information
Year Built1965
Garage Spaces3
Land Information
APN11569
Land UseAgriculture / Farming
Legal DescriptionA081 DOBBINS, J., TRACT 009, ACRES 1.0
Census Tract000200
Assessed Land Value$8,830
Assessed Improvement Value$171,050
Assessment Year2025
About this property
Beautiful 108+ Acre property located 8 miles north of Giddings on CR 120. Mainly open pasture land w/ scattered mature trees, more heavily wooded in the back, and nice views of the countryside. Property has a 2,000 sq. ft. metal barn w/ concrete slab, Bluebonnet Electric & Lee County Water is on the property & 2 water wells. It is fenced and cross-fenced with 3 ponds and lots of wildlife for hunting. There is an old house on the the property that can be renovated or torn down. Ag Exemption currently used for cattle grazing. Located in the heart of Central Texas so come enjoy the quiet country setting in Lee County.
Investor Tools
$0Estimated Mortgage Balance
$179,880Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$7,200 /month
Positive
Cash Flow Estimate:
$2,400 /month
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ContactFinancing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$271/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,355
$179,880
2025
$8,830
$171,050
$179,880
No
Tax History
Year
Tax Paid
Assessed Value
2025
$2,355
$179,880
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$179,880
100%
0%
$0/mo
12.4%