$699,000
1178 Private Road 3063, Lexington, TX, 78947
On Market
Highlights
Interior
Exterior
Lot Size31.66 acres
Land Information
APN31666
Land UseAgriculture / Farming
Legal DescriptionA162 HARRISON, W., TRACT 001G, ACRES 31.659
Census Tract000100
Assessed Land Value$561,750
Assessment Year2025
About this property
Discover the potential of this beautiful 31-acre property featuring cleared underbrush that showcases an abundance of mature oak trees throughout the land. Whether you're looking to build your dream home, create a private ranch retreat, or establish a multi-home family property, this versatile tract allows for up to three mobile homes. Enjoy the perfect blend of open space, natural beauty, and flexibility in a peaceful rural setting with endless possibilities.
Investor Tools
$511,958Estimated Mortgage Balance
$49,792Estimated Equity
8% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,194 /month
Positive
Cash Flow Estimate:
$1,398 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$235/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$13
$561,750
2025
$561,750
N/A
$561,750
No
Tax History
Year
Tax Paid
Assessed Value
2025
$13
$561,750
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Bmp Property Partners Llc
Purchase Money Mortgage
$539,000
No
First
Oct 24, 2023
Oct 2053
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$511,958
$49,792
8%
91%
$3,232/mo
