Last 24 Hours
$255,000
1851 Rabbit Rd, Marfa, TX, 79843
On Market
Highlights
Interior
Bedrooms —
Bathrooms —Exterior
Lot Size5 acres
Land Information
APN016200000000044000000
Lot Number44
Land UseVacant Non-Agricultural
Legal DescriptionANTELOPE HILLS TRACTS 44
Census Tract950100
Assessed Land Value$206,250
Assessment Year2025
About this property
Gorgeous 5 Acres tract located in the highly desirable Antelope Hills of Marfa - this deed restricted area is home to some of the most thrilling developments in Marfa architecture with homes and buildings ranging from tiny 3-D dwellings to giant concrete monoliths - This area is just outside of Marfa proper with views of Fort Davis Mountains north to the Chinatis South. AEP Electric box on site with a topographical survey. A wonderful place to build a dream.
Investor Tools
$195,273Estimated Mortgage Balance
$10,977Estimated Equity
5% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,530 /month
Positive
Cash Flow Estimate:
$510 /month
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ContactFinancing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$326/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,883
$206,250
2025
$206,250
N/A
$206,250
No
Tax History
Year
Tax Paid
Assessed Value
2025
$2,883
$206,250
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Farm Credit Mid America Flca
Purchase Money Mortgage
$200,000
No
First
Dec 6, 2024
Jan 2035
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$195,273
$10,977
5%
95%
$1,200/mo
12.4%