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$1,140,000

11016 State Highway 78 N, Blue Ridge, TX, 75424

On MarketInfo
Baths0 Bath
Unimproved LandUnimproved Land

Highlights

Interior

Bathrooms 0Bathrooms 0

Exterior

Exterior FeaturesOther
Lot Size15.20 acres

Land Information

APNR-6555-004-0560-1
Lot Number56
SubdivisionLonson Moore Survey
Land UseAgriculture / Farming
Legal DescriptionABS A0555 LONSON MOORE SURVEY, SHEET 4, TRACT 56, 15.2 ACRES
Census Tract030102
Assessed Land Value$585,200
Assessment Year2025

About this property

Positioned in a prime location along Highway 78, this 15.2-acre AG-EXEMPT property offers the rare combination of wide-open Texas land and incredible accessibility. With over 1,000 feet of road frontage, the visibility and access make this a standout opportunity for commercial, investment, or residential use. Located outside city limits in unincorporated Blue Ridge, you have the freedom and flexibility that’s getting harder and harder to find. The property is fully fenced with a front entry gate, currently home to cows and horses, and features two ponds that add both function and charm to the landscape. Electric and water are already on site, saving time and upfront costs for your future plans. No flood zone. Set on an elevated hilltop, the views stretch for miles across rolling pasture and Texas skies. Whether you’re dreaming of building a private homestead, developing a business with highway exposure, or simply holding land as a long-term investment, this property checks all the boxes. A barn sits on the property and will require significant renovation or replacement, making it a great opportunity for someone ready to reimagine and add value. Located within Blue Ridge ISD and just minutes from town, with convenient access south toward Farmersville, Princeton, and McKinney, and north toward Leonard and Trenton, this location blends peaceful country living with easy commuting access. Opportunities with this kind of frontage, utilities in place, and elevated views don’t come around often. If you’ve been waiting for the right piece of land in North Texas, this may be it. No known restrictions.

Investor Tools

Property Icon
$585,200
Estimated Property Value
$0Estimated Mortgage Balance
$585,200Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$6,840 /month
Positive
Cash Flow Estimate:
$2,280 /month

Interested in this property?

Ashleigh Dulaney

Coldwell Banker Apex, REALTORS

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$245/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$13
$585,200
2025
$585,200
N/A
$585,200
No

Tax History

Year
Tax Paid
Assessed Value
2024
$13
$585,200

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$585,200
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: Blue Ridge

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