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$9,750,000

121. Elm, Kerens, TX, 75144

On MarketInfo
Just AddedInfo
CommercialInfo
Baths6,635 Sq Ft
BusinessBusiness
Year BuiltBuilt in 2023

Highlights

Interior

Bathrooms Full 7Bathrooms Full 7
Bathrooms Half 1Bathrooms Half 1
Garage AvailableGarage Available
FlooringHardwood, Tile

Exterior

Lot Size1 acre

Building Information

Year Built2021
Stories1
Garage Spaces6

Land Information

APN59271
SubdivisionF Procello Abst
Land UseResidential
Legal DescriptionABS A10636 F PROCELLO ABST TRACT 76A-1 1.0 ACRES
Census Tract970600
Assessed Land Value$54,380
Assessed Improvement Value$1,475,290
Assessment Year2025

About this property

Natures Hearts Ranch is a 37 Acre Waterfront Sanctuary on Richland Chambers Lake! Every detail has been meticulously crafted to create unparalleled experience. Imagine the possibilities of this unique lakefront acreage with no HOA! The perfect place for a corporate retreat or a stunning venue to host events. 37 acres even offers room to develop a new lake subdivision! The main home and apartment are both custom homes that epitomize luxury living amidst the tranquility of nature. Main home is 6635 sf. 6 bedrooms, 5.1 baths, 2 offices, theater room, exercise room. 2nd floor living quarters accessible by elevator is perfect for hosting guests. Guest home with garage and workshop, includes 2,383 sf of living space, 4 bedrooms, 2 baths, kitchen, living, and laundry. For the equine enthusiast, 5 stall barn and tack room await. Outside is 1211 ft of shoreline with retaining wall, 3 ponds, swimming pool. Natures Hearts Ranch, where luxury and nature converge to create the ultimate retreat! Property is located in an opportunity zone!

Investor Tools

$1,268,911Estimated Mortgage Balance
$217,089Estimated Equity
14% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$58,500 /month
Positive
Cash Flow Estimate:
$19,500 /month

Interested in this property?

Laura Smith

Keller Williams Lonestar DFW

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,476/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$10,282
$790,787
2025
$54,380
$1,475,290
$1,529,670
No

Tax History

Year
Tax Paid
Assessed Value
2024
$10,282
$790,787

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Prosperity Bank
Building Or Construction Loan
$1,440,800
No
First
Apr 30, 2021
Nov 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$1,268,911
$217,089
14%
85%
$5,784/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: Kerens

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121. Elm | Property Details | No Agent List