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Days18Days on Market
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$275,000

$309,900

1450 Fm 605, Hawley, TX, 79525

$357,500 ARVInfo
On MarketInfo
CommercialInfo
Price DropInfo
Baths2,865 Sq Ft
price_per_sqft$95.99 / sqft
Year BuiltBuilt in 1938

Highlights

Interior

FlooringOther

Exterior

Lot Size4.81 acres

Building Information

Year Built1938

Land Information

APN28452
Land UseResidential
Legal DescriptionA0282 247 A NORTHINGTON, ACRES 4.81
Census Tract020500
Assessed Land Value$62,530
Assessed Improvement Value$166,240
Assessment Year2025

About this property

Approximately 4.81 acres primed for development, this property comes with plans already in place for a 25-site RV park, offering a fast track to revenue generation. A water meter is installed, the land has been fully cleared, and the proposed layout for water lines and the septic system is complete and available, allowing a new owner to move straight into construction. Adding even more value, the property includes an on-site rental home that provides immediate income while the RV park is being built. A rare turnkey opportunity for investors seeking a ready-to-develop commercial project with multiple income streams. The rental, Set on approximately 1.75 acres in a peaceful country setting, this impressive pre-war natural-stone home offers over +2,800 sq ft of living space with 4 bedrooms and 2 baths—priced at just $275,000! Built with timeless craftsmanship and character, the home features two exceptionally large bedrooms, abundant closet space throughout, and a spacious layout ideal for families or anyone needing room to spread out. The property also includes a two-car garage with two separate doors, adding convenience and functionality. Located very near two major data center project sites, this location offers both quiet rural living and proximity to emerging development opportunities. A rare combination of size, acreage, and historic charm at an unbeatable value.

Investor Tools

$0Estimated Mortgage Balance
$272,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
$357,500
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,650 /month
Positive
Cash Flow Estimate:
$550 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$148/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$416
$228,770
2025
$62,530
$166,240
$228,770
No

Tax History

Year
Tax Paid
Assessed Value
2025
$416
$228,770

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$272,000
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: Hawley

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1450 Fm 605 | Property Details | No Agent List