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$1,400,000

159 Michael Lane, Saint Jo, TX, 76265

On MarketInfo
Just AddedInfo
Beds3 Beds
Baths2 Bath
Baths1,275 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$1,098.04 / sqft
Year BuiltBuilt in 1987

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 2Bathrooms 2
AppliancesElectric Water Heater, Gas Range
FlooringCarpet, Vinyl

Building Information

Garage Spaces1

About this property

A wide-open 93-acre property in Forestburg offering privacy, usable land, and room to build. A small farmhouse on 2 acres provides a starting point for renovation or a future homesite. The remaining acreage is a mix of pasture and timber—ideal for ranching, hunting, or creating your own retreat. A rare chance to shape a large North Texas property exactly how you want.

Investor Tools

$0Estimated Mortgage Balance
$0Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
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Rent-to-Value Ratio: 0.72%
Rent Estimate
$8,400 /month
Positive
Cash Flow Estimate:
$2,800 /month

Interested in this property?

Bart Haines

Pam Terronez Properties LLC

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Financing Details

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

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: Saint Jo

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