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$949,000

1251 Johnson Rd, Keller, TX, 76248

On MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,930 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$491.71 / sqft
Year BuiltBuilt in 1954

Property Lead Type:

Absentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal

Exterior

Lot Size2.28 acres

Building Information

Year Built1954
Stories1
Garage Spaces5

Land Information

APNA-141---3B-----20
SubdivisionBarcroft, Daniel Survey
Land UseResidential
Legal DescriptionBARCROFT, DANIEL SURVEY ABSTRACT 141 TRACT 3B & 3E
Census Tract113952
Assessed Land Value$656,000
Assessed Improvement Value$210,377
Assessment Year2025

About this property

Bring your vision to life on this truly exceptional property in the heart of Keller. Spanning just shy of two beautiful acres, this rare homesite offers the perfect setting to design and build the custom estate you've always imagined. Towering mature trees, expansive open space, and a peaceful, park-like atmosphere create a setting that's increasingly difficult to find. One of the property's most unique features is the beautiful sunlit meadow nestled in the center of the acreage. It provides the ideal location for a custom estate, allowing you to take full advantage of the open space while preserving the magnificent mature trees that frame the property. It's the perfect balance of nature, privacy, and functionality AND NO HOA! A large storage shed with ample space for equipment, hobbies, or workshop use is also located at the rear of the property, adding even more versatility. The property includes an existing ranch-style home that is in need of significant renovation. Whether you choose to restore it to its original charm with an extensive remodel or start fresh with a brand-new custom residence, the possibilities are endless. The true value lies in the land itself—a breathtaking canvas ready for its next chapter. To help spark your imagination, we've included inspirational renderings that illustrate what this remarkable property could become. After being lovingly held by the same family for several generations, this special property is ready for a new owner to create something extraordinary while honoring the beauty of its natural surroundings. You're welcome to walk the property and experience its beauty firsthand. To tour the existing home, please schedule an appointment through BrokerBay. A brand-new survey is available for your convenience.

Investor Tools

Property Icon
$866,377
Estimated Property Value
$0Estimated Mortgage Balance
$866,377Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$5,694 /month
Positive
Cash Flow Estimate:
$1,898 /month

Interested in this property?

Susan Larrabee

Berkshire HathawayHS PenFed TX

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$471/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,323
$866,377
2025
$656,000
$210,377
$866,377
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,323
$866,377

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$866,377
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,510/mo
N/A
+$2,510/mo
3.5%

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: Keller

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1251 Johnson Rd | Property Details | No Agent List