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Days16Days on Market
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$700,000

12112 Fm 51, Era, TX, 76238

On MarketInfo
Baths0 Bath
Baths1,200 Sq Ft
Unimproved LandUnimproved Land

Highlights

Interior

Bathrooms 0Bathrooms 0

Exterior

Lot Size29.29 acres

Land Information

APN26491
SubdivisionCook T
Land UseAgriculture / Farming
Legal DescriptionCOOK T 0258 ACRES 29.29
Census Tract000900
Assessed Land Value$5,448
Assessed Improvement Value$3,272
Assessment Year2025

About this property

29.29 Acres with Highway 51 Frontage fenced and ready! Bring your cows and horses, build your Dream Home, or subdivide a new neighborhood, opportunity is here and the options are endless! Boundary on the south side is the creek, lots of grazing acreage, several mature trees, multiple build site possibilities, Metal Awning ready to store hay and equipment on site. Come take a look at this amazing property Today!

Investor Tools

$0Estimated Mortgage Balance
$8,720Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,200 /month
Positive
Cash Flow Estimate:
$1,400 /month

Interested in this property?

Derek King

Classic Real Estate

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$16/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$146
$8,720
2025
$5,448
$3,272
$679,022
Yes (2024)

Tax History

Year
Tax Paid
Assessed Value
2024
$146
$8,720

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$8,720
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.

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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: Era

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12112 Fm 51 | Property Details | No Agent List