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$200,000

1362 County Road 2850, Honey Grove, TX, 75446

$260,000 ARVInfo
On MarketInfo
Baths0 Bath
Baths1,200 Sq Ft
Unimproved LandUnimproved Land
Year BuiltBuilt in 2020

Highlights

Interior

Bathrooms 0Bathrooms 0

Exterior

Exterior FeaturesAwning(s), RV Hookup, Storage
Lot Size5.21 acres

Building Information

Year Built2020

Land Information

APN123355
Land UseAgriculture / Farming
Legal DescriptionA0806 M E P & P RR, ACRES 5.211
Census Tract950100
Assessed Land Value$123,420
Assessed Improvement Value$27,250
Assessment Year2025

About this property

Are you looking for a quiet, country spot to build your dream house? This property has started the work for you! 5.2+ acres complete with water meter already installed electric on the property! Thousands of dollars in savings for you there already. Planning to stay in the camper while you build on-site? There's a 30X40 metal carport with concrete pad to park it under with a 50 amp hookup! The work shed with hookup conveys with the property. This tract of land runs in between two county roads, so two access points are possible. Approximately 10-15 minutes from Bois d'Arc Lake, the possibilities are endless for this property! Come take a tour today.

Investor Tools

Property Icon
$150,670
Estimated Property Value
$35,648Estimated Mortgage Balance
$121,393Estimated Equity
76% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
$260,000
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,200 /month
Positive
Cash Flow Estimate:
$400 /month

Interested in this property?

Hope Liebel

Weichert Realtors-Solid Ground

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$202/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,669
$150,670
2025
$123,420
$27,250
$150,670
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,669
$150,670

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Veterans Land Board Of The State Of Tx
Unknown
$35,648
No
First
Sep 15, 2017
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$29,277
$121,393
80%
19%
$214/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: Honey Grove

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1362 County Road 2850 | Property Details | No Agent List