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$674,000

NAL Estimated Property Value

249 E Umphress Street, Van Alstyne, TX, 75495

Off MarketInfo
Baths0 Bath
Baths3,065 Sq Ft
Unimproved LandUnimproved Land
Year BuiltBuilt in 1915

Highlights

Interior

Bathrooms 0Bathrooms 0
Garage AvailableGarage Available

Exterior

Lot Size24,829 sqft

Building Information

Year Built2022
Garage Spaces2

Land Information

APNV004 5071001
Lot Number1
SubdivisionBurk Addition
Land UseReal-Residential Single Family & Condos W/Lan
Legal DescriptionBURK ADDITION, LOT 1, ACRES .57
Census Tract001803
Assessed Land Value$205,089
Assessed Improvement Value$402,661
Assessment Year2025

About this property

RARE OPPORTUNITY to own a large lot in the heart of Van Alstyne. This 1.2 acre wooded lot is on a beautiful street. The home on the property was a beauty in her day, but is no longer habitable. This sale is for the land only. DO NOT ENTER THE HOME. Build your dream home or potentially subdivide. Heavily treed lot Road frontage on Umphress and on Main.

Investor Tools

Property Icon
$674,000
Estimated Property Value
$0Estimated Mortgage Balance
$674,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,044 /month
Positive
Cash Flow Estimate:
$1,348 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,320/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$12,470
$607,750
2025
$205,089
$402,661
$607,750
No

Tax History

Year
Tax Paid
Assessed Value
2024
$12,470
$607,750

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$674,000
100%
0%
$0/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.

Explore Texas Explore This Area
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: Van Alstyne

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249 E Umphress Street | Property Details | No Agent List