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$196,000

NAL Estimated Property Value

1532 Fm 199, Rainbow, TX, 76077

$254,800 ARVInfo
Off MarketInfo
Baths0 Bath
Baths1,568 Sq Ft
Year BuiltBuilt in 1996

Highlights

Interior

Bathrooms 0Bathrooms 0

Exterior

Exterior FeaturesPrivate Entrance, RV Hookup

Building Information

Year Built1996

Land Information

APNM000017143
Land UseResidential
Legal DescriptionABST: A87 MANUFACTED HOUSING HUD# PFS0385509 & PFS0385510
Assessed Improvement Value$33,040
Assessment Year2025

About this property

Owner is offering owner financing he ready to sell this 50 acre track, bring all offers. Part of the track has been converted to a 14 RV spots 7 fully equipped with electric and plumbing. Discover your perfect getaway on this stunning 50-acre ranch, nestled in the heart of the countryside, just a stone's throw from Cleburne, Glen Rose, and the beautiful Brazos River. Imagine waking up to the soothing sounds of nature with a creek flowing along the eastern edge of your property, surrounded by an abundance of trees and wildlife. This land is primed for a variety of uses, whether you dream of making money from your own RV park or creating a family compound, raising horses, cattle, chickens, or cultivating hay. With flat pastures, enchanting woodlands, and ample space, the possibilities are endless. Included are essential features such as corrals, chicken coops, and a barn-like building, all ready for your vision to come alive. Current owner is offering 50 acres, The entire amount of the land is 62 acres with all utilities. At this time owner will retain 11 acres but will offer 1st right of refusal if he ever sells for the right buyer. Don’t miss the chance to own this incredible piece of land—come see it for yourself and envision the lifestyle you've always wanted! You won't regret it!

Investor Tools

Property Icon
$196,000
Estimated Property Value
$0Estimated Mortgage Balance
$196,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
$254,800
Rent-to-Value Ratio: 0.72%
Rent Estimate
$10,200 /month
Positive
Cash Flow Estimate:
$3,400 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$122/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
N/A
$33,040
2025
N/A
$33,040
$33,040
No

Tax History

Year
Tax Paid
Assessed Value
2025
N/A
$33,040

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$196,000
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: Rainbow

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