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A+
NoAgentList RatingHow are grades calculated? Info
Days205Days on Market
Views1view

$134,000

1711 State Highway 309, Kerens, TX, 75144

On MarketInfo
Beds2 Beds
Baths1 Bath
Baths1,060 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$126.42 / sqft
Year BuiltBuilt in 1989

Property Lead Type:

Off-Market ListMust-SellAbsentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Half 1Bathrooms Half 1
AppliancesNone

Exterior

Lot Size1 acre

Building Information

Year Built1989
Stories1

Land Information

APN50153
SubdivisionJ Ammons Abst
Land UseResidential
Legal DescriptionABS A10030 J AMMONS ABST TRACT 2A 1.0 ACRES
Census Tract970600
Assessed Land Value$30,000
Assessed Improvement Value$10,760
Assessment Year2025

About this property

Fantastic opportunity to own a full 1-acre tract with highway frontage and utilities already on-site. The property includes an older structure that holds no current value and will require either a full renovation or removal, giving buyers a clean slate to build exactly what they want. This lot offers excellent visibility and access from State Highway 309, making it ideal for a new homesite, an investor project, or potential commercial use (buyer to verify). With utilities present, mature shade trees, and a wide-open layout, this tract has the foundation already in place for your next build. Property Highlights: • 1 acre on State Hwy 309 • Utilities on-site (value-added) • Existing structure with no value • Excellent highway visibility and access • Ideal for new construction, investment, or possible commercial use • Minutes from Kerens, Powell, and Corsicana • No HOA Property sold as-is. Buyer to verify utilities, zoning, and development options.

Investor Tools

Property Icon
$133,000
Estimated Property Value
$0Estimated Mortgage Balance
$133,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$804 /month
Positive
Cash Flow Estimate:
$268 /month

Interested in this property?

Erica Johnson

Avignon Realty

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$191/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,626
$40,760
2025
$30,000
$10,760
$40,760
Yes (2023)

Tax History

Year
Tax Paid
Assessed Value
2024
$1,626
$40,760

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$133,000
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.

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: Kerens

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1711 State Highway 309 | Property Details | No Agent List