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$128,870

NAL Estimated Property Value

1200 Gholson Rd, Millsap, TX, 76066

Off MarketInfo
Baths0 Bath
Baths336 Sq Ft
Unimproved LandUnimproved Land

Highlights

Interior

Bathrooms 0Bathrooms 0

Exterior

Lot Size1 acre

Building Information

Year Built2020

Land Information

APN21546-016-000-00
Land UseFarm & Ranch Improved
Legal DescriptionACRES: 1.000 TR: BLK: SURV: T & P R R CO
Census Tract140601
Assessed Land Value$47,540
Assessed Improvement Value$81,330
Assessment Year2025

About this property

Picturesque 5.97 acres with amazing views! The acreage features a tiny home that needs finishing out inside as well as an 1800 sq ft metal barn-workshop. The land is perfect for cattle, horses, etc. Perfect building spots everywhere. Co-op water, septic and electricity are all waiting for you to build your dream home! The pond at the back of the property is not part of this acreage, but boy what a view! No survey although property lines are easy to see.

Investor Tools

Property Icon
$128,870
Estimated Property Value
$134,871Estimated Mortgage Balance
$0Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,139 /month
Positive
Cash Flow Estimate:
$380 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$54/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
N/A
$128,870
2025
$47,540
$81,330
$128,870
No

Tax History

Year
Tax Paid
Assessed Value
2025
N/A
$128,870

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
First National Bank & Trust Co
Purchase Money Mortgage
$146,625
No
First
Dec 3, 2021
Jan 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$134,871
N/A
0%
105%
$722/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.

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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: Millsap

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1200 Gholson Rd | Property Details | No Agent List