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$91,000

NAL Estimated Property Value

3749 Killdee Rd, Ropesville, TX, 79358

Off MarketInfo
Beds3 Beds
Baths0 Bath

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2

Exterior

Lot Size784 sqft

Land Information

APNR333597
Land UseResidential
Legal DescriptionBLK CB SEC 27 AB 436 .018 ACS OUT OF NW/PT
Census Tract010423
Assessed Land Value$324
Assessment Year2025

About this property

This future development offers a rare blend of immediate and long-term opportunity. Located just 15 minutes from Lubbock and only 5 miles from Ropes and Frenship schools, this property is ideally positioned in the path of future growth. While large-scale development may be a few years out, the sellers are willing to consider splits, making it a strong candidate for estate lots, small ranchettes, or transitional investment tracts that can generate value today while holding long-term upside. Development Highlights: Path of Growth: Located less than half a mile off of Hwy 82-62 and halfway between Wolfforth and Ropesville, this property is in the path of growth for Lubbock residents seeking a rural lifestyle proximal to city amenities. Schools Nearby: Only 5 miles from both Ropes ISD and Frenship ISD campuses. Flexible Options: Sellers willing to divide — ideal for smaller acreage buyers, ranchette lots, or investors. Future Development Play: Flat terrain, strong water, and school proximity position this land well for subdivision or commercial use in the coming years. Utility & Water Support: Three wells on site: 1 irrigation well, 1 house well & 1 stock well Immediate Use: Property improvements allow for livestock, show animals, or farming operations while development matures. Location: Less than ¼ mile off Highway 82-62 County Road 7500 along the north border Killdee Road along the west border Land: 67% Acuff loam soils with 0-1% slope (development-friendly) Balance of Amarillo fine sandy loam and Olton clay loam Generally flat, with minimal slope in northwest corner Water: Irrigation Well - Pivot packaged at 400 GPM (per seller) House Well - for residence Stock Well - for livestock Improvements: 120-acre center pivot Barn: 75 × 100 ft. Lean-To: 25 × 75 ft. Residence: 3 bed, 1 bath, 1,677 sq. ft. home with updates Minerals: Sellers are unaware of any mineral interests currently owned. Price: Offered at $2,850,000.00 Notes: Buyer is encouraged to conduct their own due diligence prior to purchasing. All info listed above is according to the best knowledge of the seller and other relevant sources. The TX Real Estate Group will not be held liable for any information found to be inaccurate during or after closing the buying process. All buyers agents must be identified on first contact and accompany buyers on all showings in order to be given full participation fee. If these requirements are not met, participation fee will be at the sole discretion of the TX Real Estate Group.

Investor Tools

Property Icon
$91,000
Estimated Property Value
$42,456Estimated Mortgage Balance
$48,544Estimated Equity
53% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$17,100 /month
Positive
Cash Flow Estimate:
$5,700 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$38/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5
$324
2025
$324
N/A
$324
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5
$324

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Platinum Bank
Unknown
$56,412
No
First
Jan 9, 2015
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$42,456
$48,544
53%
47%
$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: Ropesville

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3749 Killdee Rd | Property Details | No Agent List