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$620,000

NAL Estimated Property Value

2042 W FM 574, Mullin, TX, 76864

Off MarketInfo
Baths0 Bath
Baths1,120 Sq Ft
RanchRanch

Highlights

Interior

Bathrooms 0Bathrooms 0

Exterior

Lot Size128.97 acres

Building Information

Year Built2010

Land Information

APNR000011660
Land UseFarm & Ranch Improved
Legal DescriptionACRES: 128.970 HOUSE WILLIAM HAYS ABST-334
Census Tract950100
Assessment Year2025

About this property

Turn key property with furnished barndominium, misc tools, deer stands and feeders. Both sides of Buffalo Creek which still has nice holes of water despite lack of rainfall. 3 stock tanks - 1 stocked with fish. Terrain is rolling with creeks criss crossing the ranch. Property has been lightly hunted by family only. Living area is approx 1,385 sf and is 2 bedroom, 2 bath with an additional bonus room that is currently used as a sleeping area also. Shop area has concrete floor, 3 roll up doors and is approx 1,600 sf. Tree cover includes post oak, live oak, mesquite, pecan, elms and native brush for the perfect wildlife habitat. Nothing to do but move in and enjoy the outdoors!

Investor Tools

Property Icon
$620,000
Estimated Property Value
$0Estimated Mortgage Balance
$620,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$17,700 /month
Positive
Cash Flow Estimate:
$5,900 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$258/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
N/A
$231,870
2025
N/A
N/A
$924,420
No

Tax History

Year
Tax Paid
Assessed Value
2025
N/A
$231,870

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$620,000
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: Mullin

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2042 W FM 574 | Property Details | No Agent List