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$1,599,000

19630 Fm 901, Gordonville, TX, 76245

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths3,064 Sq Ft
FarmFarm
price_per_sqft$521.87 / sqft
Year BuiltBuilt in 1983

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
AppliancesDishwasher, Electric Oven

Building Information

Year Built2021

Land Information

APN032 119101301T439953
SubdivisionThompson Eli A-G1191
Land UseResidential
Legal DescriptionG-1191 THOMPSON ELI A-G1191, IMPS ONLY LABEL# NTA2021327, SN1 OC012135289 IMPS ONLY
Census Tract000304
Assessed Improvement Value$88,440
Assessment Year2025

About this property

Horse Property Near Lake Texoma – Just off Hwy 377, this beautiful 30.456-acre property offers a perfect combination of open pastures and mature trees, creating a serene setting for both horses and their owners. Located minutes from Lake Texoma, the property is fully equipped with two homes and premier horse facilities, including a 15-stall show barn with a wash rack, office, and restrooms, an 8-stall mare motel, 2 stallion stalls, a round pen, a 2-bay equipment and hay shed, and a 4-bay storage shed. The layout is ideal for horse training, breeding, or boarding, with multiple fenced and cross-fenced pastures and room to add an arena. With road frontage on two sides, the property also holds valuable potential for future development. Living accommodations include a two-year-old manufactured home and an additional three bedroom house, providing comfortable quarters for owners, trainers, or staff. Priced to sell, this versatile property is a rare opportunity near Lake Texoma, combining a fantastic equestrian setup with future development possibilities. 3 septics and co op water and a well that feeds the pond, not hooked to house

Investor Tools

Property Icon
$168,000
Estimated Property Value
$0Estimated Mortgage Balance
$168,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$9,594 /month
Positive
Cash Flow Estimate:
$3,198 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$217/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,770
$88,440
2025
N/A
$88,440
$88,440
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,770
$88,440

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$168,000
100%
0%
$0/mo

Learn About the Market: Opportunity in Texas

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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: Gordonville

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19630 Fm 901 | Property Details | No Agent List