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$470,655

378 County Road 35840 S, Arthur City, TX, 75411

On MarketInfo
Beds— Beds
Baths— Bath
Baths1,500 Sq Ft

Highlights

Interior

Bedrooms —Bedrooms —
Bathrooms —Bathrooms —
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling

Exterior

Lot Size2 acres

Land Information

APN405040
SubdivisionR Davis Survey
Land UseAgriculture / Farming
Legal DescriptionA246 R DAVIS SURVEY, TRACT 29-A, ACRES 2.000
Census Tract000102
Assessed Land Value$46,000
Assessed Improvement Value$204,520
Assessment Year2025

About this property

Discover your slice of country paradise with 31.38 acres of versatile land located on Pat Mayse E Park Rd, just minutes from two convenient access points to Pat Mayse Lake. Currently enjoying an Agriculture Exemption and used for cattle grazing, this property offers a valuable opportunity for anyone seeking wide-open space, privacy, and the freedom to build their dream homestead. With dual road frontage on both Pat Mayse E Park Rd and CR 35870, this land offers easy access and flexibility for future development. The property features a mix of open pasture and scenic wooded areas along the perimeter, providing both shade and natural wildlife appeal. Utilities are already available at the road, simplifying the process of setting up a home, cabin, or recreational retreat. Whether you're looking to start a farm, build a weekend getaway, or settle down near the lake, this land has endless potential. Don’t miss your chance to own land so close to beautiful Pat Mayse Lake—perfect for fishing, boating, hiking, and outdoor fun year-round. This is the ideal spot to plant your roots and live the peaceful country life you've been dreaming of.

Investor Tools

$0Estimated Mortgage Balance
$250,520Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,824 /month
Positive
Cash Flow Estimate:
$941 /month

Interested in this property?

Greb Real Estate

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$112/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$93
$250,520
2025
$46,000
$204,520
$250,520
No

Tax History

Year
Tax Paid
Assessed Value
2022
$93
$250,520

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$250,520
100%
0%
$0/mo

City: Arthur City

378 County Road 35840 S | Property Details | No Agent List