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B+
NoAgentList RatingHow are grades calculated? Info

$333,000

309 South St, Florence, TX, 76527

Off MarketInfo
Baths2,128 Sq Ft
price_per_sqft$156.48 / sqft
Year BuiltBuilt in 2000

Property Lead Type:

Off-Market ListAbsentee Owner

Exterior

Lot Size14.99 acres

Building Information

Year Built2000

Land Information

APNR-10-W300-0000-K003
Lot Number4
SubdivisionFlorence City Of
Land UseResidential
Legal DescriptionS3624 - FLORENCE CITY OF, BLOCK K, LOT 4(PT), ACRES 14.9907
Census Tract020201
Assessed Land Value$333,000
Assessment Year2025

About this property

Absolute Bargain! Unbelievable Price! Single family construction as well as multifamily possible. This is the perfect opportunity to purchase land with tremendous potential. Within the city limits of Florence TX. Electric, water, and sewer utilities are on site. Very close to Main Street. Seller will entertain seller financing with an acceptable downpayment.

Investor Tools

Property Icon
$333,000
Estimated Property Value
$425,600Estimated Mortgage Balance
$0Estimated Equity
-28% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,100 /month
Positive
Cash Flow Estimate:
$700 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$165/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$316
$333,000
2025
$333,000
N/A
$333,000
No

Tax History

Year
Tax Paid
Assessed Value
2025
$316
$333,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
The Commercial National Bank Of Brady
Building Or Construction Loan
$425,600
No
First
Jul 28, 2025
Jul 2026

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$634,156
N/A
0%
190%
$3,854/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: Florence

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309 South St | Property Details | No Agent List