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Days12Days on Market
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$285,000

$305,000

15308 W FM 321, Tennessee Colony, TX, 75861

$370,500 ARVInfo
On MarketInfo
Just AddedInfo
Price DropInfo
Beds1 Beds
Baths1 Bath
Baths216 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$1,319.44 / sqft
Year BuiltBuilt in 2007

Property Lead Type:

ARV FlipAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 1Bedrooms 1
Bathrooms 1Bathrooms 1
AppliancesRefrigerator, Microwave

Exterior

Lot Size29.34 acres

Building Information

Year Built2007

Land Information

APN22784
SubdivisionWilliam Jones
Land UseAgriculture / Farming
Legal DescriptionA0429 JONES, WILLIAM BLOCK 2178 TRACT 2
Census Tract951100
Assessed Land Value$234,482
Assessed Improvement Value$13,473
Assessment Year2025

About this property

Stunning 29+ acre hardwood retreat with 600’ of deep-water Trinity River frontage and year-round boat access. This property includes a 2± acre duck slough with water-control capability, a drainage creek, and exceptional duck, deer, and hog habitat. Located directly across from the renowned 8,000-acre Big Woods on the Trinity, the wildlife opportunities are unmatched. The land offers approximately 1,100’ of FM 321 frontage, no deed restrictions, no easements, and an existing Ag Exemption for Timber. The cabin is approximately 12' x 24' with two mounted AC units, propane heat, and an on-demand water heater. An additional 20' x 24' cabin extension is on-site and ready for finishing. A mounted shooting bench, steel targets, and feeders convey with the property. Perfect for hunting, recreation, or building your new home in a secluded East Texas setting.

Investor Tools

Property Icon
$247,955
Estimated Property Value
$0Estimated Mortgage Balance
$146,685Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
$370,500
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,710 /month
Positive
Cash Flow Estimate:
$570 /month

Interested in this property?

Christie Casey

Dwell Realty

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$135/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$378
$247,955
2025
$234,482
$13,473
$247,955
No

Tax History

Year
Tax Paid
Assessed Value
2025
$378
$247,955

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Austin Bank Texas Na
Stand Alone Second / Subordinate Position
$110,275
No
First
Jan 5, 2022
Jan 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$101,270
$146,685
59%
41%
$662/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: Tennessee Colony

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15308 W FM 321 | Property Details | No Agent List