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$515,000

NAL Estimated Property Value

3151 Fm 535, Red Rock, TX, 78662

Off MarketInfo
Baths0 Bath
Baths1,510 Sq Ft
RanchRanch
price_per_sqft$297.95 / sqft
Year BuiltBuilt in 1971

Highlights

Interior

Bathrooms 0Bathrooms 0
CoolingCooling

Land Information

APNR8736623
SubdivisionCraft, John S
Land UseFarm/Ranch Single Family
Legal DescriptionA125 CRAFT, JOHN S., ACRES 22.469 (HOUSE ONLY) LOCATED ON 37928
Census Tract950806
Assessed Improvement Value$177,354
Assessment Year2025

About this property

Beautiful land with cross fencing and a pond at the back of the land! Huge oak trees scattered. Home is a tear down, there are 2 sets of utilities in place. Gorgeous oaks, nice slope to pond in the back. Great location and cattle lease can continue or cows can be removed with 30 days notice. No rv or mobile home park allowed per seller imposed restrictions. More information about seller restrictions in agent comments. Shown by appointment only, agent must be present with buyer at all showings.

Investor Tools

Property Icon
$515,000
Estimated Property Value
$0Estimated Mortgage Balance
$515,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,090 /month
Positive
Cash Flow Estimate:
$1,030 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$430/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
N/A
$177,354
2025
N/A
$177,354
$177,354
No

Tax History

Year
Tax Paid
Assessed Value
2024
N/A
$177,354

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$515,000
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: Red Rock

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3151 Fm 535 | Property Details | No Agent List