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$470,000

12A Mills Lane, Richards, TX, 77873

On MarketInfo
Baths0 Bath

About this property

Discover the perfect opportunity to own 23.64 private acres of beautiful Richards, Texas woodland, ideal for a custom home, barndominium, hunting retreat, recreational property, weekend getaway, or off-grid homestead. A long private driveway leads to approximately 3 cleared, build-ready acres surrounded by mature hardwoods and softwoods, offering exceptional privacy and peaceful natural views. Large neighboring tracts provide seclusion and abundant wildlife. The property benefits from a timber exemption, resulting in incredibly low annual taxes of approximately $71. Electricity is available nearby, while the absence of a well and septic allows you to design the property to fit your vision. Whether you're looking for vacant land, acreage for sale, a private homesite, or investment property, this rare tract offers endless possibilities with the freedom to create your own retreat. Schedule your private tour today! PLEASE SEE ALL ATTACHMENTS FOR MORE INFO.

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$0Estimated Equity
0% equity
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Estimated ARV (After-Repair Value)
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Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,820 /month
Positive
Cash Flow Estimate:
$940 /month

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Susan Patton

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Financing Details

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

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: Richards

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12A Mills Lane | Property Details | No Agent List