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$380,000

1692 Henry Prairie Road, Franklin, TX, 77856

$380,410 ARVInfo
Off MarketInfo
Beds2 Beds
Baths2 Bath
Baths1,210 Sq Ft
price_per_sqft$317.36 / sqft
Year BuiltBuilt in 2019

Property Lead Type:

High Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Half 2Bathrooms Half 2
AppliancesDishwasher
FlooringTile

Exterior

Lot Size13 acres

Building Information

Year Built2019
Garage Spaces1

Land Information

APN000142-000047
Land UseResidential
Legal DescriptionAB 142 J ERWIN QD#18 TR 7 M7 1368/64 13 ACRES
Census Tract960300
Assessment Year2025

About this property

Set high on a hilltop in Robertson County, this 13-acre property is the kind of place that invites you to slow down and stay awhile. With a wildlife exemption already in place, the land is remarkably low-maintenance, leaving more time to travel, garden, or simply enjoy wide-open views stretching toward Franklin and the surrounding countryside. Durable wood-look tile flooring, LED lighting, and a well-appointed kitchen with quality finishes create a clean, modern feel that balances function and comfort. An attached carport feeds a rainwater collection system, supporting a more self-sufficient lifestyle while helping keep operating costs low. Raised garden beds are in place for seasonal planting, while a storage shed with A/C, water, and a composting toilet provides flexible space for hobbies, gardening, or a quiet workspace. Rolling terrain, abundant wildlife, and peaceful privacy enhance the sense of a personal retreat without demanding constant upkeep.

Investor Tools

Property Icon
$380,000
Estimated Property Value
$0Estimated Mortgage Balance
$214,694Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$380,410
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,304 /month
Positive
Cash Flow Estimate:
$768 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$223/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$777
$142,538
2025
N/A
N/A
$344,630
No

Tax History

Year
Tax Paid
Assessed Value
2025
$777
$142,538

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Southstar Bank Ssb
Conventional
$190,000
No
First
Oct 4, 2019
Nov 2049

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$165,306
$214,694
56%
44%
$1,140/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: Franklin

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1692 Henry Prairie Road | Property Details | No Agent List