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$200,000

2563 Raymond Edwards Rd, Henrietta, TX, 76365

PendingInfo
Beds3 Beds
Baths2 Bath
Baths2,142 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$93.37 / sqft
Year BuiltBuilt in 1986

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 2Bathrooms 2
AppliancesOther

Building Information

Garage Spaces2

About this property

Discover the potential of this 29± acre property located just south of Henrietta, Texas, on Raymond Edwards Road in Midway ISD. Whether you’re looking for a homesite, small ranch, recreational getaway, or investment opportunity, this tract offers the chance to create your own vision in a desirable rural setting. The location provides the peace and privacy of country living while remaining just minutes from Henrietta and an easy drive to Wichita Falls. The property includes an existing residence that hasnt been occupied in sometime and is being sold as-is. While the home will require substantial repairs or replacement, the value lies in the land, location, and endless possibilities this property provides. Bring your livestock, build your dream home, establish a weekend retreat, or renovate the existing structure if you choose. Opportunities to own acreage in the Midway School District are becoming increasingly difficult to find. Don’t miss your chance to invest in a beautiful piece of Clay County and make it your own.

Investor Tools

$0Estimated Mortgage Balance
$302,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,812 /month
Positive
Cash Flow Estimate:
$604 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$361/month
No HOA
5.947%

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: Henrietta

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2563 Raymond Edwards Rd | Property Details | No Agent List