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Days466Days on Market
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$461,000

115 Pecan Grove Dr, Boyd, TX, 76023

On MarketInfo
Baths0 Bath
Unimproved LandUnimproved Land

Highlights

Interior

Bathrooms 0Bathrooms 0

Exterior

Lot Size11.03 acres

Land Information

APNR1735.0A26.00
Lot Number26
SubdivisionLola Creek Ranch Ph1
Land UseResidential
Legal DescriptionLOT 26 BLK A LOLA CREEK RANCH PH1
Census Tract150605
Assessed Land Value$319,510
Assessment Year2025

About this property

This expansive 11+ acre corner lot is located in the highly sought-after Lola Creek Ranch within Boyd ISD. Positioned at the intersection of CR 4590 and Pecan Grove, it is surrounded by mature trees, offering a picturesque setting with ample privacy. The natural landscape is rich with native wildlife, lush grasses, and vibrant wildflowers, making it an ideal location for a custom home. Utilities, including water, electricity, and fiber-optic internet, are available along the street—an uncommon convenience in such a scenic setting. Whether you choose Doug Parr Custom Homes, known for crafting many of the beautiful residences in this exceptional community, or select your own builder, the decision is yours. Please note that a septic system is required, as public sewer service is not available. Don’t miss the chance to explore this remarkable property! Deed restrictions and the final plat can be found in the Transaction Desk Documents.

Investor Tools

Property Icon
$456,000
Estimated Property Value
$240,000Estimated Mortgage Balance
$222,037Estimated Equity
47% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,766 /month
Positive
Cash Flow Estimate:
$922 /month

Interested in this property?

June Robinson

House Brokerage

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$479/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,471
$319,510
2025
$319,510
N/A
$319,510
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,471
$319,510

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Clear Fork Bank Na
Open End Mortgage / Open End With Future Advance Clause
$240,000
No
First
Dec 19, 2024
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$233,963
$222,037
48%
51%
$1,439/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: Boyd

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115 Pecan Grove Dr | Property Details | No Agent List