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$849,000

NAL Estimated Property Value

148 Old Sign Rd, Midway, TX, 75852

Off MarketInfo
Beds2 Beds
Baths2 Bath
Baths1,048 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$834.92 / sqft
Year BuiltBuilt in 1986

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
CoolingCooling
AppliancesMicrowave, Electric Cooktop
FlooringCarpet, Laminate

Exterior

Lot Size124.45 acres

Building Information

Year Built1986
Stories1
Roof Type112

Land Information

APN17425
SubdivisionHerlock V (A-262)
Land UseResidential
Legal DescriptionHERLOCK V (A-262), TRACT 2, ACRES 124.45
Census Tract790402
Assessed Land Value$34,530
Assessed Improvement Value$100,450
Assessment Year2025

About this property

You need to make this your recreational property immediately. Nowhere else can you find such seclusion and still have easy access to Interstate 45. The views are incredible, with high rolling hills overlooking a portion of the Bedias creek bottom. The land is filled with strong pastureland, five ponds, productive hay fields and a mixture of hardwoods and pine trees. Towards the front of the property, sits a small yet fully functional farmhouse, complete with metal roof, front and back porches, and plenty of room inside to cook, and relax. There's even an additional bunk room adjacent to the back porch. Off the side of the house is a nice 30x24 shop with concrete floor, and a smaller 16x16 concrete floor storage building. The property is fenced and cross fenced for cattle, with a set of pens. This a place so full of wildlife and recreational opportunity, that you won't want to leave it, and go back to the real world. It's that great, so please come out and see it for yourself!

Investor Tools

Property Icon
$849,000
Estimated Property Value
$0Estimated Mortgage Balance
$849,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$5,250 /month
Positive
Cash Flow Estimate:
$1,750 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$521/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,011
$134,980
2025
$34,530
$100,450
$951,980
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,011
$134,980

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$412,000
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.

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: Midway

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148 Old Sign Rd | Property Details | No Agent List