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$313,000

163 Pecan Grove Dr, Boyd, TX, 76023

On MarketInfo
Baths0 Bath
Unimproved LandUnimproved Land

Highlights

Interior

Bathrooms 0Bathrooms 0

Exterior

Lot Size6.83 acres

Land Information

APNR1735.0A23.00
Lot Number23
SubdivisionLola Creek Ranch Ph1
Land UseResidential
Legal DescriptionLOT 23 BLK A LOLA CREEK RANCH PH1
Census Tract150605
Assessed Land Value$210,005
Assessment Year2025

About this property

This exceptional property spans nearly 7 acres and is nestled in the highly coveted Lola Creek Ranch within Boyd ISD. Positioned slightly higher than most lots on Pecan Grove, it offers breathtaking views. The front portion has been largely cleared, providing multiple ideal spots to build your dream home, along with space for a workshop. The back of the lot is densely wooded, teeming with mature trees, native wildlife, grasses, and wildflowers, creating a serene natural retreat. Water, electricity, and fiber-optic internet are available at the street—an uncommon convenience. While Doug Parr Custom Homes has crafted many of the stunning residences in this charming community, you have the flexibility to choose your own builder. Please note that a septic system will need to be installed, as public sewer service is not available. Don’t miss the chance to explore this remarkable property and take in its natural beauty! Deed restrictions and the final plat are available in the Transaction Desk Documents.

Investor Tools

Property Icon
$310,000
Estimated Property Value
$624,000Estimated Mortgage Balance
$0Estimated Equity
-101% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,878 /month
Positive
Cash Flow Estimate:
$626 /month

Interested in this property?

June Robinson

House Brokerage

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$346/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,603
$210,005
2025
$210,005
N/A
$210,005
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,603
$210,005

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Ciera Bank
Commercial
$624,000
No
First
Jan 15, 2026
Jan 2027

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$620,386
N/A
0%
200%
$3,742/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: Boyd

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163 Pecan Grove Dr | Property Details | No Agent List