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$182,000

NAL Estimated Property Value

1214 W Main St, Honey Grove, TX, 75446

Off MarketInfo
Baths0 Bath

Highlights

Interior

Bathrooms 0Bathrooms 0

Exterior

Lot Size22,608 sqft

Land Information

APN74854
Land UseResidential
Legal DescriptionA0348 S ERWIN, ACRES .519
Census Tract950100
Assessed Land Value$31,200
Assessment Year2025

About this property

Within a short 8 mile drive from the South 1396 Boat Ramp on the newest lake in Texas, Bois D'Arc Lake, an incredible opportunity awaits you to create the home of your dreams. This property is a blank canvas just waiting for your vision to come to life. Situated minutes away from downtown, this location offers the perfect blend of tranquility and convenience. Embark on weekend getaways filled with endless outdoor (fishing, boating) adventures. Its north-south orientation allows for optimal natural light to grace your future home throughout the day. The flat and cleared terrain with access to city utilities, will help to make the construction process a breeze assured that modern comforts are within easy reach. Picture yourself entertaining friends and family in your backyard, hosting barbecues, and enjoying the quiet evenings. Enjoy the benefits of being early in the development of this new north Texas paradise for the outdoor's enthusiasts, the canvas is ready for your creativity.

Investor Tools

Property Icon
$182,000
Estimated Property Value
$0Estimated Mortgage Balance
$182,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,092 /month
Positive
Cash Flow Estimate:
$364 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$121/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$542
$31,200
2025
$31,200
N/A
$31,200
No

Tax History

Year
Tax Paid
Assessed Value
2024
$542
$31,200

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$182,000
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.

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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: Honey Grove

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1214 W Main St | Property Details | No Agent List