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$425,788

NAL Estimated Property Value

1500 County Road 481, Thrall, TX, 76578

Off MarketInfo

Highlights

Interior

Bedrooms —Bedrooms —
Bathrooms —Bathrooms —

Exterior

Lot Size19.35 acres

Land Information

APNR-01-0418-0000-0044-C
Land UseVacant Land
Legal DescriptionAW0418 AW0418 - MILLER, S. SUR., ACRES 19.354
Census Tract020900
Assessed Land Value$425,788
Assessment Year2025

About this property

AG-EXEMPT ACREAGE WITH UTILITIES IN PLACE | CENTRAL TEXAS Discover the possibilities of country living with this beautiful acreage property conveniently located near FM 112, offering easy access to Taylor and Lexington! Featuring an active agricultural exemption, existing utility infrastructure, a pond, and lightly wooded surroundings, this property provides an excellent opportunity for a future homesite, recreation, or enjoying the outdoors. PROPERTY HIGHLIGHTS: Active Agricultural Exemption providing potential property tax advantages Water Meter Included with the property Power Meter Included for convenient electrical access Water Line Already Extended to the back of the property Tank/Pond On-Site adding natural character and recreational appeal Lightly Wooded Acreage offering a combination of open space and natural surroundings Light Restrictions intended to help protect property value Septic System Needed for future residential use LAND & LIFESTYLE OPPORTUNITIES: Potential Future Homesite with utilities already established Recreational Land for outdoor activities and weekend getaways Hunting Opportunities in a peaceful rural setting Room to Spread Out with space for outdoor projects and country living Versatile Acreage with multiple potential uses, subject to applicable restrictions LOCATION HIGHLIGHTS: Convenient access to FM 112 Easy travel to Taylor and Lexington Peaceful Central Texas countryside Rural privacy with access to nearby communities Whether you're looking to build your future home, enjoy recreational acreage, or secure a piece of Central Texas land, this property offers a great combination of existing improvements, natural beauty, and location. Schedule your private showing and explore the possibilities! Buyer and buyer's representative to independently verify agricultural valuation status, utilities, restrictions, septic feasibility, and intended property uses.

Investor Tools

Property Icon
$425,788
Estimated Property Value
$73,173Estimated Mortgage Balance
$352,766Estimated Equity
82% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,699 /month
Positive
Cash Flow Estimate:
$900 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$189/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$138
$425,788
2025
$425,788
N/A
$425,788
No

Tax History

Year
Tax Paid
Assessed Value
2025
$138
$425,788

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Lone Star Ag Credit
Open End Mortgage / Open End With Future Advance Clause
$82,700
No
First
May 29, 2020
Jun 2040

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$73,173
$352,615
82%
17%
$496/mo

City: Thrall

1500 County Road 481 | Property Details | No Agent List