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$94,500

1221 Hillcrest Cir, Gordonville, TX, 76245

Off MarketInfo
Baths0 Bath
Unimproved LandUnimproved Land

Highlights

Interior

Bathrooms 0Bathrooms 0

Exterior

Lot Size1.65 acres

Land Information

APN013A6546146
Lot NumberESTATE
SubdivisionSherwood Shores Unit 1
Land UseResidential
Legal DescriptionSHERWOOD SHORES UNIT 1, LOT ESTATE D, ACRES 1.6529
Census Tract000304
Assessed Land Value$23,580
Assessment Year2025

About this property

Discover the perfect blend of open space and natural beauty on this 1.64-Acre Lot, just 0.8 miles from Lake Texoma. With a mix of cleared areas, mature trees and its very own pond, this property offers a versatile canvas to build your vision while keeping plenty of privacy! Outside the city limits with no HOA, take advantage of a 1.6% tax rate! It provides flexibility and freedom rarely found. Utilities are ready for easy connection with water and electricity available. The only restriction is a 5-foot setback for utilities, making this property ideal for those looking to create their own retreat near the lake. Whether for a primary residence, a weekend getaway, or an investment opportunity, this lot combines the best of nature and convenience an a sought-after location. You can have this 1 lot or all 3 (Please see TBD Hillcrest Cir MLS# 20985734  and TBD George A. Green Dr MLS# 20986872 for reference) and have nearly 5acres of land all to your own in a packed deal!!

Investor Tools

Property Icon
$94,000
Estimated Property Value
$189,000Estimated Mortgage Balance
$0Estimated Equity
-101% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$567 /month
Positive
Cash Flow Estimate:
$189 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$78/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$464
$23,580
2025
$23,580
N/A
$23,580
No

Tax History

Year
Tax Paid
Assessed Value
2024
$464
$23,580

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Cop Enterprises Llc
Stand Alone First / Home Equity First Lien
$189,000
No
First
Apr 15, 2024
Oct 2024

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$181,617
N/A
0%
193%
$1,134/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: Gordonville

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1221 Hillcrest Cir | Property Details | No Agent List