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$598,680

NAL Estimated Property Value

18908 County Road 656 Road, Farmersville, TX, 75442

Off MarketInfo
Baths0 Bath
Baths1,124 Sq Ft
RanchRanch

Highlights

Interior

Bathrooms 0Bathrooms 0

Exterior

Lot Size14.97 acres

Building Information

Year Built1976
Stories1

Land Information

APNR-6448-002-0050-1
Lot Number5
SubdivisionWilliam Hemphill Survey
Land UseAgriculture / Farming
Legal DescriptionABS A0448 WILLIAM HEMPHILL SURVEY, SHEET 2, TRACT 5, 14.967 ACRES
Census Tract031101
Assessed Land Value$598,680
Assessment Year2025

About this property

Welcome to your development opportunity in fantastic Farmersville. This almost 15 acre parcel (14.96) has NO DEED restrictions, is AG Exempt, not in the ETJ and is a few minutes to historic downtown Farmersville. You have a clean slate to create your perfect piece of Texas... residential, commercial or agricultural. Once off the asphalt road, pass thru the mature grove of trees and continue to you sparkling almost half acre pond. The property is fenced and cross fenced. There are two water meters as well as two previous electric connections on the property. Houston Black Clay soil is rated for grazing and farming. Information deemed reliable but buyer should perform due diligence. Backup offers accepted.

Investor Tools

Property Icon
$598,680
Estimated Property Value
$0Estimated Mortgage Balance
$598,680Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,592 /month
Positive
Cash Flow Estimate:
$1,197 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$288/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$460
$598,680
2025
$598,680
N/A
$598,680
No

Tax History

Year
Tax Paid
Assessed Value
2024
$460
$598,680

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$598,680
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: Farmersville

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18908 County Road 656 Road | Property Details | No Agent List