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$35,000

111 Martin ST, Luling, TX, 78648

On MarketInfo
Just AddedInfo

Highlights

Interior

Bedrooms —Bedrooms —
Bathrooms —Bathrooms —

Exterior

Exterior FeaturesNone
Lot Size7,802 sqft

Land Information

APN0700734-009-015-80
Lot Number15,16
SubdivisionReed
Land UseVacant Land
Legal DescriptionREED, BLOCK 9, LOT 15,16
Census Tract960701
Assessed Land Value$30,810
Assessment Year2025

About this property

Discover an exceptional opportunity to own a significant parcel in the heart of Luling, Texas, offering immense potential for your vision. This impressive open lot, spanning approximately 0.18 acres, presents a versatile canvas for development within a vibrant community. A portion of the property lies within a floodplain; however, careful planning for construction outside this designated area should mitigate any adverse effects on appraisal or insurance. Prospective buyers are encouraged to perform thorough due diligence regarding deed restrictions, available utilities, zoning regulations, and school district information to fully appreciate the possibilities this land offers. This location combines the tranquility of a spacious lot with convenient access to local amenities, creating an ideal setting for a future home. Imagine the lifestyle that awaits, with ample space for outdoor enjoyment and the freedom to design a residence perfectly suited to your needs. This unique offering provides a rare chance to invest in a growing area with considerable flexibility.

Investor Tools

$0Estimated Mortgage Balance
$96,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$576 /month
Positive
Cash Flow Estimate:
$192 /month

Interested in this property?

Magesh Gurunath

Lockhart Realty LLC

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$88/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$571
$30,810
2025
$30,810
N/A
$30,810
No

Tax History

Year
Tax Paid
Assessed Value
2024
$571
$30,810

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$96,000
100%
0%
$0/mo

City: Luling

111 Martin ST | Property Details | No Agent List