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$520,000

14324 FM 1394, Wortham, TX, 76693

Under ContractInfo
Baths0 Bath
Baths576 Sq Ft
RanchRanch

Highlights

Interior

Bathrooms 0Bathrooms 0

Exterior

Lot Size42.51 acres

Building Information

Year Built2015
Stories1

Land Information

APN61998
SubdivisionH Ford Abst
Land UseAgriculture / Farming
Legal DescriptionABS A10272 H FORD ABST TRACT 2B 42.507 ACRES
Census Tract971000
Assessed Land Value$9,590
Assessed Improvement Value$100,750
Assessment Year2025

About this property

This impressive, approximately 50-acre rural property offers functional agricultural land and serene countryside. Located just 20 minutes south of Corsicana along a highly accessible and very nice FM road, the acreage features fully fenced and cross-fenced open pastures interspersed with beautiful stands of mature trees, making it entirely ready for cattle or livestock. In addition, there is a large, picturesque pond teaming with catfish! A well-maintained 2-bedroom, 1-bathroom home of approximately 576 sq ft has an open kitchen & living room & stained concrete flooring providing comfortable living quarters or a perfect weekend getaway. Outdoor productivity and recreation are further enhanced by a substantial 30x50 shop building, ideal for equipment storage and projects. The shop has an exterior door, double sliding doors, and two installed fans. A setback gated entrance to the property keeps you safely off the FM road when entering or leaving the property. Electric provider is Navarro County Electric Coop. Corbet Water Supply Corporation.

Investor Tools

$0Estimated Mortgage Balance
$746,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,476 /month
Positive
Cash Flow Estimate:
$1,492 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$360/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$595
$110,340
2025
$9,590
$100,750
$327,310
No

Tax History

Year
Tax Paid
Assessed Value
2024
$595
$110,340

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$746,000
100%
0%
$0/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: Wortham

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