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Street View
B+
NoAgentList RatingHow are grades calculated? Info

$522,000

12380 N Fm 487, Florence, TX, 76527

$678,600 ARVInfo
Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths2,389 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$1,172.04 / sqft
Year BuiltBuilt in 2006

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 2Bathrooms 2
AppliancesRefrigerator
FlooringLaminate, Tile

Exterior

Private PoolPrivate Pool
Exterior FeaturesPrivate Entrance, Private Yard
Lot Size43.46 acres

Building Information

Stories1

Land Information

APNR-10-W064-6000-0015B
Land UseVacant Land
Legal DescriptionAW0646 AW0646 - WELLS, M.J. SUR., ACRES 43.46
Census Tract020201
Assessment Year2025

About this property

*BIG PRICE REDUCTION!!* They aren't making anymore land! This beautiful property consists of just over 44 acres, including a 1 acre homesite with NO RESTRICTIONS. This property offers a rare opportunity to own prime Texas land just outside of Florence, with easy access to FM 487 and all the growth and amenities in nearby Jarrell. With an agricultural exemption already in place, this property provides significant tax savings while offering endless potential for ranching, farming, recreation, or future development. A one-acre homesite is already established, complete with electric utilities and septic. The existing home on the property needs some TLC but could be transformed into a dream residence, rental, or weekend retreat. With wide-open spaces and the convenience of nearby shopping, dining, and entertainment, this is the perfect opportunity for those seeking a private yet well-connected property. The stars at night are big and bright on this property, so waltz on over and claim your home on the range!

Investor Tools

Property Icon
$522,000
Estimated Property Value
$0Estimated Mortgage Balance
$522,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
$678,600
Rent-to-Value Ratio: 0.72%
Rent Estimate
$16,800 /month
Positive
Cash Flow Estimate:
$5,600 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$250/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$389
$28,585
2025
N/A
N/A
$1,096,397
Yes (2024)

Tax History

Year
Tax Paid
Assessed Value
2025
$389
$28,585

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$522,000
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.

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: Florence

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12380 N Fm 487 | Property Details | No Agent List