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$859,000

2955 Fm 667, Italy, TX, 76651

Off MarketInfo
Beds3 Beds
Baths1 Bath
Baths1,422 Sq Ft
FarmFarm
price_per_sqft$604.08 / sqft
Year BuiltBuilt in 1928

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 1Bathrooms 1
AppliancesDishwasher
FlooringCarpet, Laminate

Exterior

Exterior FeaturesDog Run, Private Yard, Storage, Other
Lot Size93.56 acres

Land Information

APN99.0825.000.015.00.107
SubdivisionA Pratt
Land UseAgriculture / Farming
Legal Description825 A PRATT 93.564 ACRES
Census Tract061000
Assessed Land Value$20,316
Assessment Year2025

About this property

Country life! Choice 93.28 tract, fenced & cross fenced, 50 miles south of Dallas & only 20 minutes from Waxahachie; easy access to I35E & I45. Beautiful, gently rolling acreage, served by Navarro Electric & South Ellis Co. WSC. Approx. 33 ac of income-producing cultivated land, half of a 32 ac private lake, pasture, creek & a gorgeous build site overlooking lake & surrounding farmland (see flyover tour for views). Excellent fishing, dove, duck & goose hunting. Current 2 ac parcel hosts farmhouse, 1700 sf barn, metal storage building, poultry coop, large garden area, & partitioned yard - perfect for that promised pony! Separate cabin has served as dry storage. Renovate existing structures or build a fresh dream on this one-of-a-kind, once-in-a-lifetime property gem.

Investor Tools

Property Icon
$20,316
Estimated Property Value
$0Estimated Mortgage Balance
$20,316Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$5,154 /month
Positive
Cash Flow Estimate:
$1,718 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$30/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$258
$20,316
2025
$20,316
N/A
$860,789
No

Tax History

Year
Tax Paid
Assessed Value
2024
$258
$20,316

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$20,316
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.

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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: Italy

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2955 Fm 667 | Property Details | No Agent List