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$279,000

NAL Estimated Property Value

11670 S Fm 148, Scurry, TX, 75158

$362,700 ARVInfo
Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths2,568 Sq Ft
price_per_sqft$100.86 / sqft
Year BuiltBuilt in 1985

Property Lead Type:

Off-Market ListARV FlipAbsentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
AppliancesElectric Oven
FlooringCarpet

Building Information

Year Built1985
Stories1
Roof Type105

Land Information

APN99.0359.0000.0130.96.10.00
SubdivisionReuben Nipp
Land UseResidential
Legal DescriptionIMP ONLY ON: PID 59656, SCURRY-ROSSER ISD PID 59656
Census Tract051202
Assessed Improvement Value$87,025
Assessment Year2024

About this property

This unique property sits on over 6 acres of level ground, with the possibility to buy additional acreage. When it comes to acreage, most parcels have very limited accessibility for most of the land. But this has over 500 feet of road frontage on FM 148. It is Ag Exempt, of course. The home itself can be torn down, leaving the possibilities wide open. Just 10 minutes south of Kaufman, this is the perfect blend of country living, with the convenience of easy access to town. A very special loan program only available to Texas buyers would allow you to buy and build your dream house here with little to no down payment. Check with me to find out more. The sellers have a great opportunity, so they have prioritized a quick sale over getting every last dollar (as reflected in the price). There's something very unique about the property that the owners have told me that I don't feel comfortable sharing publicly. Call me for the inside scoop on this.

Investor Tools

Property Icon
$279,000
Estimated Property Value
$0Estimated Mortgage Balance
$279,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
$362,700
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,674 /month
Positive
Cash Flow Estimate:
$558 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$128/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$141
$87,025
2024
N/A
$87,025
$87,025
No

Tax History

Year
Tax Paid
Assessed Value
2023
$141
$87,025

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$279,000
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: Scurry

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11670 S Fm 148 | Property Details | No Agent List