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$72,000

140 Choke Canyon, Three Rivers, TX, 78071

PendingInfo
Baths0 Bath

Highlights

Interior

Bathrooms 0Bathrooms 0

Exterior

Lot Size4.05 acres

Land Information

APN2371-0001-0176-00
Lot Number35
Land UseResidential
Legal DescriptionCHOKE CANYON ESTATES LOT 35
Census Tract950100
Assessed Land Value$15,795
Assessed Improvement Value$500
Assessment Year2025

About this property

Escape to the beauty of South Texas with this unrestricted 4-acre tract located at 140 Choke Canyon Estates near Three Rivers, Texas. Whether you're dreaming of a custom home, weekend retreat, RV setup, or investment property, this versatile acreage offers the freedom to create your own vision. This property is located outside of the flood zone and features approximately 170 feet of elevation, providing an attractive setting with native South Texas brush, mesquite trees, and sandy loam soils. Utilities are already a step ahead with city water available and electricity on-site, making future development even more convenient. Residents enjoy access to a community park and boat ramp, providing easy access to the Frio River for fishing, boating, kayaking, and enjoying the outdoors. The Frio River area is known for its abundant wildlife, recreational opportunities, and peaceful country atmosphere that continues to attract buyers seeking a slower pace of life. Conveniently located approximately 1.5 hours from San Antonio, 1.5 hours from Corpus Christi, and 3 hours from Houston, this property offers a rare combination of accessibility, utility availability, and unrestricted use. Whether you're looking for a permanent homesite, recreational getaway, or long-term land investment, this South Texas property is ready for your next adventure.

Investor Tools

$56,730Estimated Mortgage Balance
$152,270Estimated Equity
72% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,254 /month
Positive
Cash Flow Estimate:
$418 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$92/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$58
$16,295
2025
$15,795
$500
$16,295
No

Tax History

Year
Tax Paid
Assessed Value
2025
$58
$16,295

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Veterans Land Board Of The State Of Tx
Conventional
$60,450
No
First
Mar 30, 2023
Apr 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$56,730
$152,270
72%
27%
$363/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.

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: Three Rivers

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