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$995,000

NAL Estimated Property Value

11431 FM 1649, Ore City, TX, 75683

Off MarketInfo
Baths0 Bath
RanchRanch

About this property

Property Overview: 153 plus or minus acres of land in Upshur County located on FM 1649 between Gilmer and Ore City, approximately 4 miles southwest Ore City. Property Highlights: Approximately 2200 feet of FM 1649 frontage, multi-purpose acreage with hunting, timber, recreational, and development opportunities. Property also has a nice spring fed pond stocked with catfish and bass for fishing and is good for duck hunting!! Property was originally an old, terraced cotton farm. Has a good pole barn with electric and water available on property. Spring fed well with pump, 78 ft deep. Small 15x20 shop and a large 2 story pole barn. Approximately 40 acres were planted with loblolly pine in 2005 and is almost ready to be thinned. Property has a lot of big hardwoods and mature pines along with a stand of Black Walnut. Property was entirely fenced at one time and the use to run cattle so there are several old cross fences within the property.

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Rent-to-Value Ratio: 0.72%
Rent Estimate
$5,970 /month
Positive
Cash Flow Estimate:
$1,990 /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: Ore City

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11431 FM 1649 | Property Details | No Agent List