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$407,000

NAL Estimated Property Value

1246 W Fm, Thornton, TX, 76687

$529,100 ARVInfo
Off MarketInfo
Baths2,204 Sq Ft
Year BuiltBuilt in 1956

Exterior

Lot Size1.50 acres

Building Information

Year Built1956

Land Information

APNR9371
Land UseResidential
Legal DescriptionRDIV 019-XIX THORNTON, BLOCK 002, ACRES 1.5
Census Tract970800
Assessed Land Value$18,750
Assessed Improvement Value$62,420
Assessment Year2024

About this property

Discover the possibilities with this 30.29 - acre tract of land in Thornton, Texas - located within the highly regarded Groesbeck ISD. This unimproved property offers a blank canvas for your vision - whether you're looking to build your dream home, establish a weekend retreat, run cattle, or invest in land for future. With 30 acres, there's room to spread out and enjoy the quiet country lifestyle while still being just a short drive from town conveniences. The land provides plenty of space for recreational use, such as hunting, riding, or simply soaking in the natural beauty of Central Texas. If you've been searching for a property with endless potential in a great location, this Thornton tract is a must-see.

Investor Tools

Property Icon
$407,000
Estimated Property Value
$0Estimated Mortgage Balance
$407,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
$529,100
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,442 /month
Positive
Cash Flow Estimate:
$814 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$244/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$893
$81,170
2024
$18,750
$62,420
$81,170
No

Tax History

Year
Tax Paid
Assessed Value
2022
$893
$81,170

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$407,000
100%
0%
$0/mo

Learn About the Market: Opportunity in Texas

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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: Thornton

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1246 W Fm | Property Details | No Agent List