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$500,000

$580,000

12972 Fm 981, Blue Ridge, TX, 75424

On MarketInfo
Price DropInfo
Beds3 Beds
Baths2 Bath
Baths2,183 Sq Ft
price_per_sqft$229.04 / sqft
Year BuiltBuilt in 1980

Property Lead Type:

Absentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 2Bathrooms 2
Garage AvailableGarage Available
AppliancesDishwasher, Disposal, Gas Cooktop, Gas Oven, Gas Water Heater
FlooringCarpet, Vinyl

Exterior

Exterior FeaturesRain Gutters, Storage
Lot Size9.20 acres

Building Information

Year Built1980
Stories1
Garage Spaces2

Land Information

APNR-6035-001-0590-1
Lot Number59
SubdivisionWilliam Boring Survey (Boren)
Land UseResidential
Legal DescriptionABS A0035 WILLIAM BORING SURVEY (BOREN), BLK 1, TRACT 59, ACRES 9.2000
Census Tract030102
Assessed Land Value$460,000
Assessed Improvement Value$271,513
Assessment Year2025

About this property

Escape the city to this fantastic property situated on 9.2 sprawling, Ag-Exempt acres just east of Blue Ridge. Located in the highly sought-after Blue Ridge ISD, this property offers the ultimate blend of peaceful Texas country living, incredibly low property taxes, and a well-designed home ready for your personal touch. Ready for Livestock & Outdoor Living The land is the star of the show, featuring highly desirable pipe fencing that provides both durability and immense curb appeal—perfect for horses or livestock. An included RV shed offers covered parking for your motorhome, boat, or heavy equipment, while the 8 x 10 detached workshop is ideal for hobbies and extra storage. For true Texas peace of mind, the property also comes equipped with a dedicated storm cellar. Inside, the heart of the home is a massive 28 x 17 living room anchored by a cozy fireplace, offering plenty of space to relax or entertain. The living area flows seamlessly into both a formal dining room and a bright breakfast room. The thoughtfully designed eat-in kitchen features a convenient breakfast bar, dual sinks, extensive built-in cabinets, and a water line ready for your refrigerator. Enjoy optimal privacy with a highly desirable split-bedroom floor plan. The primary suite connects to a spacious 12 x 13 bathroom boasting separate vanities, a separate shower, and a dedicated linen closet. The two secondary bedrooms are generously sized with walk-in closets and ceiling fans, ensuring comfort for family or guests. Every detail has been considered for everyday convenience. A large 13 x 6 separate utility room comes equipped with built-in cabinets and a handy drip-dry area. Energy efficiency is built-in with 12-inch+ attic insulation and an updated HVAC and thermostat system. With its Ag-valuation keeping taxes low and premium exterior upgrades already in place, this 9.2-acre ranchette is a rare find. Bring your RV, your animals, and your dreams of country living!

Investor Tools

$0Estimated Mortgage Balance
$731,513Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,389 /month
Positive
Cash Flow Estimate:
$1,463 /month

Interested in this property?

Randal Shinn

Farmersville Real Estate Company

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$327/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$272
$731,513
2025
$460,000
$271,513
$731,513
No

Tax History

Year
Tax Paid
Assessed Value
2024
$272
$731,513

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$731,513
100%
0%
$0/mo

City: Blue Ridge

12972 Fm 981 | Property Details | No Agent List