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$40,000

NAL Estimated Property Value

197 Deerwood, Streetman, TX, 75859

Off MarketInfo
Baths0 Bath
Unimproved LandUnimproved Land

About this property

Both lots (Lot 32 and Lot 33) located in the gated April Cove community near Richland Chambers Lake are being sold together for $40,000. Situated at 197 Deerwood, these lots offer a quiet, tree-filled setting with paved road access. Lot 32 measures approximately 0.5190 acres, and Lot 33 is approximately 0.5090 acres, providing over one full acre combined. Utilities are available nearby, and site-built single-family homes are permitted per community guidelines. The neighborhood offers convenient access to public boat ramps and is just a short drive from main highways—perfect for building your dream home or investing in serene, private lake-area property.

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Rent-to-Value Ratio: 0.72%
Rent Estimate
$300 /month
Positive
Cash Flow Estimate:
$100 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$X/month
$235/month
5.947%

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: Streetman

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197 Deerwood | Property Details | No Agent List