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$175,000

2263 Fm 247, Midway, TX, 75852

$205,940 ARVInfo
On MarketInfo
Beds— Beds
Baths— Bath
Baths1,248 Sq Ft
price_per_sqft$140.22 / sqft
Year BuiltBuilt in 1989

Property Lead Type:

Must-SellAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms —Bedrooms —
Bathrooms —Bathrooms —
Garage AvailableGarage Available
CoolingCooling

Exterior

Lot Size8.50 acres

Building Information

Year Built1989
Stories1
Roof Type112
Garage Spaces1

Land Information

APN16432
SubdivisionEdinburgh C (A-186)
Land UseResidential
Legal DescriptionEDINBURGH C (A-186), TRACT 13-15, ACRES 8.5, (MH 13.1) (MH 13.1)
Census Tract790402
Assessed Land Value$31,820
Assessed Improvement Value$89,990
Assessment Year2025

About this property

Prime acreage just outside Midway with 8.5± acres of versatile land, ready for your vision. This tract features established, beautiful mature trees that create a park-like setting and natural privacy. A small creek meanders through the property, adding serenity and a sense of place that only true Texas land delivers. Utilities already in place include electricity, public water, and a private well, giving you flexibility for immediate use, future development, or a dream homestead build—no guesswork on utilities. Gentle topography and functional access off FM 247 make this parcel ideal for acreage homesites, hobby ranching, or long-term investment. Whether you’re seeking a peaceful retreat or a strategic land holding, this property blends utility with natural beauty in a highly desirable part of Midway.

Investor Tools

$0Estimated Mortgage Balance
$383,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$205,939
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,298 /month
Positive
Cash Flow Estimate:
$766 /month

Interested in this property?

Geren Sims

CB&A, Realtors

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$307/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,768
$121,810
2025
$31,820
$89,990
$167,810
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,768
$121,810

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$383,000
100%
0%
$0/mo

City: Midway

2263 Fm 247 | Property Details | No Agent List