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$873,669

NAL Estimated Property Value

1509 Henry Prairie Rd (+/-4.654 acres), Franklin, TX, 77856

Off MarketInfo
Baths0 Bath
Baths1,560 Sq Ft

Highlights

Interior

Bathrooms 0Bathrooms 0

Exterior

Lot Size81.10 acres

Land Information

APN000335-001410
Land UseAgriculture / Farming
Legal DescriptionAB 335 F SLAUGHTER QD#12 M 141 1291/489 81.1 ACRES
Census Tract960300
Assessed Land Value$811,000
Assessed Improvement Value$62,669
Assessment Year2025

About this property

UNRESTRICTED +/-4.654 ACRES !!! RARE find 1.5 miles outside Franklin, Tx city limits. You ready to build your dream home on a smaller tract with a BIG FEEL? This one will check off the boxes if you are seeking a peaceful setting that offers seclusion, wildlife, elevation, perfectly cleared with scattered trees all with water meter and electric onsite. Come take a look ASAP I really feel this one will not last long.

Investor Tools

Property Icon
$873,669
Estimated Property Value
$0Estimated Mortgage Balance
$873,669Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$5,242 /month
Positive
Cash Flow Estimate:
$1,747 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,495/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$13,568
$873,669
2025
$811,000
$62,669
$873,669
No

Tax History

Year
Tax Paid
Assessed Value
2025
$13,568
$873,669

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$873,669
100%
0%
$0/mo

Learn About the Market: Opportunity in Texas

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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: Franklin

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1509 Henry Prairie Rd (+/-4.654 acres) | Property Details | No Agent List