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$69,900

1640 Raby Rd, Eddy, TX, 76524

On MarketInfo
Baths0 Bath

Highlights

Interior

Bathrooms 0Bathrooms 0

Exterior

Lot Size28,662 sqft

Land Information

APN160390000004060
SubdivisionPolk Thomas
Land UseResidential
Legal DescriptionPOLK THOMAS ACRES .658, LAND ACCT, MH ONLY PID: 329076 LAND ACCT, MH ONLY PID: 329076
Census Tract003802
Assessed Land Value$26,990
Assessed Improvement Value$170
Assessment Year2025

About this property

Like a good Texas brisket, this home has been smoked… literally. After a house fire left its mark, what remains is a crispy shell of a former home on over half an acre of rural Texas land, perfectly situated between Waco and Temple. If you’re handy and have a barrel or two of elbow grease, you might be able to revive it. If not, grab some matches and finish the job—then start fresh with your dream home.The property already has a water meter, septic system, and electricity on-site, making it a turnkey spot for a renovation project, manufactured home, or custom build.

Investor Tools

$0Estimated Mortgage Balance
$27,160Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$419 /month
Positive
Cash Flow Estimate:
$140 /month

Interested in this property?

Roman Novian

Coldwell Banker Apex, REALTORS

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$42/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$363
$27,160
2025
$26,990
$170
$27,160
No

Tax History

Year
Tax Paid
Assessed Value
2024
$363
$27,160

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$27,160
100%
0%
$0/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: Eddy

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