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$500,000

238 Quail Run, Reno, TX, 76020

Off MarketInfo
Baths0 Bath
RanchRanch

Highlights

Interior

Bathrooms 0Bathrooms 0

Exterior

Lot Size25.95 acres

Land Information

APN20108-008-004-00
Land UseAgriculture / Farming
Legal DescriptionACRES: 25.949 ABST: 108 SURVEY: BILLINGSLEA ROBERT J
Census Tract140413
Assessed Land Value$570,878
Assessment Year2025

About this property

Own a little bit of Texas! Pretty tract of land with 25 acres, more or less. Exact amount of acreage subject to new survey. Currently used to run cattle. Nice building sites for a new home. Plenty of room to run horses and cattle. Land has ag exemption. Some flood plain at the rear of the property. Nice gravel road into the property. Owner is willing to sell as few as 20 acres. City water available at the street. Approximately 30 minutes from Fort Worth. Enjoy the quiet of country living but be close enough to enjoy all that Fort Worth has to offer.

Investor Tools

Property Icon
$570,878
Estimated Property Value
$0Estimated Mortgage Balance
$241,510Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,425 /month
Positive
Cash Flow Estimate:
$1,142 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$238/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
N/A
$570,878
2025
$570,878
N/A
$570,878
No

Tax History

Year
Tax Paid
Assessed Value
2025
N/A
$570,878

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Agtexas Farm Credit Services
Open End Mortgage / Open End With Future Advance Clause
$360,000
No
First
Nov 5, 2021
Dec 2041

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$329,368
$241,510
42%
58%
$2,159/mo

Learn About the Market: Opportunity in Texas

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Explore

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: Reno

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