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$1,600,920

2851 Fairview Road, Millsap, TX, 76066

Off MarketInfo
Beds2 Beds
Baths1 Bath
Baths992 Sq Ft
FarmFarm
price_per_sqft$2,267.14 / sqft
Year BuiltBuilt in 1968

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms 1Bathrooms 1
AppliancesElectric Range, Refrigerator

Exterior

Lot Size80.00 acres

Building Information

Garage Spaces2

Land Information

APN20866-002-001-00
Land UseAgriculture / Farming
Legal DescriptionACRES: 79.996 ABST: 866 SURVEY: MCGOUGH WM C TR: BLK: SURV: WM. C MCGOUGH
Census Tract140601
Assessed Land Value$1,599,920
Assessed Improvement Value$1,000
Assessment Year2025

About this property

80 ACRES WITH WELL WATER IN WESTERN PARKER COUNTY only 5 MINUTES NORTH OF IH-20 and 8 MINUTES FROM BROCK!!! This Diamond in the Rough is a family farm awaiting it's next Visionary and Land Steward. With Tremendous Potential and Perfectly Located on a County Road with over 1300 ft of Road Frontage, this property features a small Brick Home (needs love), several Out Buildings, Metal Barn, 2 Stock Tanks, Sandy Loam Soil and Several Large Oak Trees. Properties like this are becoming Hard to Find in the Parker County Area and this one is a Must See!!!

Investor Tools

Property Icon
$1,600,920
Estimated Property Value
$0Estimated Mortgage Balance
$1,600,920Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$13,494 /month
Positive
Cash Flow Estimate:
$4,498 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$667/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
N/A
$1,600,920
2025
$1,599,920
$1,000
$1,600,920
No

Tax History

Year
Tax Paid
Assessed Value
2025
N/A
$1,600,920

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$1,600,920
100%
0%
$0/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: Millsap

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2851 Fairview Road | Property Details | No Agent List