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$774,685

168 Highway 587, De Leon, TX, 76444

On MarketInfo
Just AddedInfo
Beds1 Beds
Baths0 Bath
Baths1,569 Sq Ft
RanchRanch
Year BuiltBuilt in 2002

Highlights

Interior

Bedrooms 1Bedrooms 1
Bathrooms 0Bathrooms 0

Exterior

Lot Size98.12 acres

Building Information

Year Built2002

Land Information

APN5200
Land UseResidential
Legal DescriptionA02086 GRIZZLE, R. R., ACRES 98.12
Census Tract950102
Assessed Land Value$686,020
Assessed Improvement Value$60,770
Assessment Year2025

About this property

Folks! If you have been searching for a property to call you own, that allows you to get away from the hustle and bustle of everyday life, and enjoy life for awhile, this is the one for you! This 108+ ac in Northern part of the county offers open pasture for livestock grazing, if so choose, or wooded areas that allow for wildlife to hide out. There are fantastic native and some improved grasses, and tree cover consist of Pecan, Post Oak, BlackJack Oak, Elm, Live Oak, Mesquite, Cottonwood, Wild Plum thickets, and other brush and browse for the abundant wildlife. Wildlife consist of Deer, Dove, Hogs, Turkey, and varmints. There is a nice large tank in the middle of property, stocked with catfish and bass. Improvements include A neat, furnished 608sf (per CAD) hunters cabin , being an open concept with a loft. Also included is a 720 sf metal workshop (per CAD), with an attached awning to park tractors. There is county water available at FM 587, with 1 well along with elec plus septic to cabin, and property is currently in wildlife exemption, for tax purposes! There is also another water well, but condition is unknown. The terrain is rolling, with great sandy loam to red clay soils. There are also 2 fantastic locations to build your forever home, allowing for really nice views. There is a great location to build another large tank, if so choose. Road frontage on 2 sides. and good to great fencing round out this awesome property! Some farm equipment can be purchased separately. Don't miss out on your chance to own this nice place!

Investor Tools

$0Estimated Mortgage Balance
$823,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,938 /month
Positive
Cash Flow Estimate:
$1,646 /month

Interested in this property?

Jeff Hibbs

Coldwell Banker - Mark Campbell & Assc

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$441/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,175
$746,790
2025
$686,020
$60,770
$746,790
No

Tax History

Year
Tax Paid
Assessed Value
2025
$1,175
$746,790

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$823,000
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.

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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: De Leon

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