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$795,000

12352 Fm 17, Grand Saline, TX, 75140

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths2,180 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$364.68 / sqft
Year BuiltBuilt in 1994

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
AppliancesBuilt-In Gas Range, Dishwasher, Refrigerator
FlooringWood

Exterior

Exterior FeaturesPrivate Entrance
Lot Size1 acre

Building Information

Year Built1993
Stories1
Garage Spaces4

Land Information

APN046.0005.0290.0001.0001
Land UseFarm/Ranch, House
Legal DescriptionACRES: 1.000 ABST: 5 SUR: W C ANDERSON
Census Tract950100
Assessed Land Value$18,480
Assessed Improvement Value$212,750
Assessment Year2025

About this property

Looking for a Ranch Style home on 50 acres? You have found it. 2100+ sq ft home, open floor plan and natural wood floors throughout house. Property features Pond, Barn, 2 Gazebos and 2 storage buildings. Need somewhere for your horses or pens to work your cows? Look no further! Property features plenty of pasture as well as plenty of trees. If privacy and a laid-back way of life is what you’re looking for, then you’ve come to the right place. Fenced and crossed fenced. AG Exempt. Hay production. Older house in front of property has no value on this listing. Seller does not have a survey. Buyers' cost if needed.

Investor Tools

Property Icon
$461,000
Estimated Property Value
$250,000Estimated Mortgage Balance
$223,543Estimated Equity
46% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,770 /month
Positive
Cash Flow Estimate:
$1,590 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$395/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,437
$231,230
2025
$18,480
$212,750
$231,230
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,437
$231,230

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Legacy Ag Credit Aca
Building Or Construction Loan
$250,000
No
First
Aug 30, 2023
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$237,858
$223,142
48%
52%
$1,499/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: Grand Saline

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