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$517,500

NAL Estimated Property Value

15868 Fm 981, Blue Ridge, TX, 75424

Off MarketInfo
Baths0 Bath
RanchRanch

Highlights

Interior

Bathrooms 0Bathrooms 0

Exterior

Lot Size23 acres

Land Information

APNR-6674-001-0400-1
Lot Number40
SubdivisionA Ogden Survey
Land UseAgriculture / Farming
Legal DescriptionABS A0674 A OGDEN SURVEY, SHEET 1, TRACT 40, 23.00 ACRES
Census Tract030102
Assessed Land Value$517,500
Assessment Year2025

About this property

Wonderful property with a paved road for access! 434 feet of road access on FM 981 gives you plenty of options on where to build your house. Animal friendly so say Hello to the cows, but do not let them out. Chik-Fil-A is getting angry with them. Great country location, but still close enough to the city. Fully fenced and ready to build. Trees near front of property, but plenty of pasture area which is great to build on. You could even replat after purchase and build multiple homes on multiple acres. Lots of options with this property. Even better since none of it is in the FEMA flood zone. Wear boots and come walk the property.

Investor Tools

Property Icon
$517,500
Estimated Property Value
$497,228Estimated Mortgage Balance
$20,272Estimated Equity
3% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,105 /month
Positive
Cash Flow Estimate:
$1,035 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$216/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3
$517,500
2025
$517,500
N/A
$517,500
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3
$517,500

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Trophy Innovations Llc
Unknown
$520,000
No
First
Dec 12, 2023
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$497,228
$20,272
3%
96%
$3,118/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.

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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: Blue Ridge

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15868 Fm 981 | Property Details | No Agent List