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$200,020

NAL Estimated Property Value

1300 Tower St, Reno, TX, 76082

Off MarketInfo
Baths0 Bath
Unimproved LandUnimproved Land

Highlights

Interior

Bathrooms 0Bathrooms 0

Exterior

Lot Size4.00 acres

Land Information

APN11470-001-007-00
SubdivisionCottonwood Branch Ranchettes
Land UseResidential
Legal DescriptionACRES: 4.002 LOT: 7R-1 BLK: 1 SUBD: COTTONWOOD BRANCH RANCHETTES F-758;C-301
Census Tract140412
Assessed Land Value$200,020
Assessment Year2025

About this property

This is a fantastic opportunity for anyone looking to build their dream home in a serene and spacious environment! The 4 acres out of 12.48 acres location is ideal, with easy access to Fort Worth Joint Reserve Base, Alliance, and DFW airport. Centrally located at the corner of Springtown, Reno and Azle, the large plots of land and the absence of an HOA offer a lot of freedom and privacy. Plus, the option for both co-op water and private wells is a great advantage. Electric and water available at the street.

Investor Tools

Property Icon
$200,020
Estimated Property Value
$154,854Estimated Mortgage Balance
$45,166Estimated Equity
22% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,200 /month
Positive
Cash Flow Estimate:
$400 /month

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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
N/A
$200,020
2025
$200,020
N/A
$200,020
No

Tax History

Year
Tax Paid
Assessed Value
2025
N/A
$200,020

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Herring Bank
Unknown
$168,000
No
First
Mar 17, 2022
Mar 2032

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$154,854
$45,166
22%
77%
$1,008/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.

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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: Reno

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1300 Tower St | Property Details | No Agent List