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$60,000

234 County Road 266, Rising Star, TX, 76471

Off MarketInfo
Baths0 Bath
Unimproved LandUnimproved Land

Highlights

Interior

Bathrooms 0Bathrooms 0

Exterior

Lot Size6 acres

Land Information

APN69359
Lot Number5
Land UseAgriculture / Farming
Legal DescriptionLOT 5 RISING OAK RANCH AB 94 NE/4 & SE/4 15 BLK 2 ET RR CO
Census Tract950400
Assessed Land Value$61,800
Assessment Year2025

About this property

Discover your slice of paradise with this serene 6.0-acre property in Rising Star, TX. Boasting a picturesque blend of open grassland and wooded areas, this tranquil retreat offers the perfect canvas for your dream home or getaway. Electricity is readily available at the road, offering convenience for future development plans. While a water well is required, the untouched beauty and potential of this land make it a worthwhile investment. Embrace the peace and privacy of countryside living while still enjoying easy access to essential amenities. Don't miss out on this opportunity to own your piece of Texas tranquility! It does have light restrictions to cover your investment in your property! No Mobile Homes.

Investor Tools

Property Icon
$61,800
Estimated Property Value
$57,000Estimated Mortgage Balance
$6,408Estimated Equity
8% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$371 /month
Positive
Cash Flow Estimate:
$124 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$82/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$677
$61,800
2025
$61,800
N/A
$61,800
No

Tax History

Year
Tax Paid
Assessed Value
2025
$677
$61,800

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Veterans Land Board Of The State Of Tx
Conventional
$57,000
No
First
Oct 31, 2024
Nov 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$55,392
$6,408
10%
90%
$342/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: Rising Star

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234 County Road 266 | Property Details | No Agent List