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$247,000

NAL Estimated Property Value

211 N Riggins St, Anna, TX, 75409

Off MarketInfo
Baths0 Bath

Highlights

Interior

Bathrooms 0Bathrooms 0

Exterior

Lot Size11,325 sqft

Land Information

APNR-1021-006-0030-1
Lot Number3,4
SubdivisionAnna Original Donation (Can)
Land UseResidential
Legal DescriptionANNA ORIGINAL DONATION (CAN), BLK 6, LOT 3 & 4
Census Tract030207
Assessed Land Value$73,613
Assessment Year2025

About this property

Anna is having a moment… and this corner lot puts you right in the middle of it. Sitting at the southwest corner of North Riggins and W 2nd Street, this rare 0.396-acre downtown parcel is finally ready for its glow-up. It offers Downtown District zoning that allows residential, commercial, or mixed-use development, meaning whether you’re dreaming of building your own home, launching a business, or creating a mixed-use concept, the flexibility is already there. Utilities (water, sewer, and electric) are ready to connect, and paved road frontage makes access easy. In other words… no guesswork. Just an opportunity. And the timing? It couldn’t be better. Just two blocks away, the brand-new Anna Municipal Center has officially opened its doors. Breaking ground nearby is a $10M dining and entertainment hub featuring The Gin, Papa Gallo’s Mexican Grill, Tenders Smokehouse, a beer garden, and a live music stage that are set to open in early 2027. The new city library and plaza are already open, and 3 Nations Brewing Co. is welcoming visitors right at the gateway to downtown. Anna has been called “the next McKinney,” and the growth backs it up! It's one of the fastest-growing cities in North Texas, with billions in investments and thousands of new households projected in the coming years. Located about 45 minutes from Dallas and 20 minutes from Sherman, it offers small-town charm with big-time momentum. This lot has sat vacant for years… but not anymore. The zoning is in place. The utilities are ready. The downtown wave is here. All that’s missing is you.

Investor Tools

Property Icon
$247,000
Estimated Property Value
$103,600Estimated Mortgage Balance
$143,400Estimated Equity
58% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,482 /month
Positive
Cash Flow Estimate:
$494 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$193/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,076
$73,613
2025
$73,613
N/A
$73,613
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,076
$73,613

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Lamar National Bank
Purchase Money Mortgage
$111,780
No
First
Jun 21, 2022
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$103,600
$143,400
58%
42%
$671/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: Anna

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211 N Riggins St | Property Details | No Agent List