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$17,424

NAL Estimated Property Value

1122 Mcdonald Rd, Heath, TX, 75032

Off MarketInfo
Baths0 Bath
Unimproved LandUnimproved Land

Highlights

Interior

Bathrooms 0Bathrooms 0

Exterior

Lot Size1 acre

Land Information

APN0231-0000-0051-00-0R
SubdivisionA Rodriquez
Land UseAgriculture / Farming
Legal DescriptionA0231 A RODRIQUEZ, TRACT 51, ACRES 1, (PT OF 130.73 AC TR)
Census Tract040508
Assessed Land Value$17,424
Assessment Year2025

About this property

Calling all developers and Luxury Builders! Incredible opportunity to develop 129.25 acres in the rolling hills of Heath. This property has approved preliminary plat of 67 1+ acre lots with new construction in the area starting in the 1+ million. With expansive growth in the area Heath will be adding high end retail, restaurant and commercial opportunities creating even more demand for the area. High Rated School district, minutes from Lake Ray Hubbard and multiple golf courses in the area make this a dream location. Land of this size in Heath is rare and will only continue to become harder to find. Don't miss out on this unique opportunity.

Investor Tools

Property Icon
$17,424
Estimated Property Value
$0Estimated Mortgage Balance
$17,424Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$60,000 /month
Positive
Cash Flow Estimate:
$20,000 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$98/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,093
$17,424
2025
$17,424
N/A
$17,424
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,093
$17,424

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$17,424
100%
0%
$0/mo

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.

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: Heath

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