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$837,636

NAL Estimated Property Value

260 Ribbonwood Trl, Collinsville, TX, 76233

$1,088,927 ARVInfo
Off MarketInfo
Baths5,035 Sq Ft
Unimproved LandUnimproved Land
Year BuiltBuilt in 2024

Highlights

Interior

Bathrooms Full 4.5Bathrooms Full 4.5
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling

Exterior

Lot Size11.06 acres

Building Information

Year Built2024
Roof Type112
Garage Spaces4

Land Information

APN87153
SubdivisionGilman H
Land UseAgriculture / Farming
Legal DescriptionGILMAN H 0412 ACRES 11.055
Census Tract000701
Assessed Land Value$65,142
Assessed Improvement Value$772,494
Assessment Year2025

About this property

Perfect lot for your dream home! Beautiful 11 acre tract of land in desirable six tract gated development. Property is lightly deed restricted to maintain the integrity of the area. Nestled on a quiet paved road with a co-op water and underground electricity! Sandy loam soil and Ag Exempt offering lower property taxes. Abundant wild life, beautiful oak trees and private pond. Easy commute to DFW metroplex. 1 hour to DFW International Airport. Minutes to Lake Ray Roberts State Park and Boat Ramp. Electricity and water on site (meter needed). Perfect location for your dream home or weekend get away.

Investor Tools

Property Icon
$837,636
Estimated Property Value
$770,113Estimated Mortgage Balance
$67,523Estimated Equity
8% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
$1,088,927
Rent-to-Value Ratio: 0.72%
Rent Estimate
$5,026 /month
Positive
Cash Flow Estimate:
$1,675 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$350/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$16
$837,636
2025
$65,142
$772,494
$1,273,475
Yes (2024)

Tax History

Year
Tax Paid
Assessed Value
2024
$16
$837,636

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Independent Bank
Building Or Construction Loan
$801,420
No
First
Mar 18, 2024
Mar 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$770,113
$67,523
8%
92%
$4,805/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,070/mo
$4,805/mo
$-2,735/mo
3.0%

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: Collinsville

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260 Ribbonwood Trl | Property Details | No Agent List