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$378,000

3785 Fm 977, Leona, TX, 75850

$457,265 ARVInfo
Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths2,016 Sq Ft
Manufactured HomeManufactured Home
price_per_sqft$223.21 / sqft
Year BuiltBuilt in 1993

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 2Bathrooms 2
FlooringCarpet, Laminate

Exterior

Lot Size1 acre

Building Information

Year Built1984

Land Information

APN00005-14200-00000-000000
Land UseResidential
Legal DescriptionRURAL AB 5 A DIMERY 1.00 AC TEX0318539 & 40
Census Tract950302
Assessed Land Value$8,000
Assessed Improvement Value$18,810
Assessment Year2025

About this property

46.51 unrestricted acres in beautiful Leon County! The Road Runner Ranch boasts a combination of cleared pasture and wooded recreational area with sandy loam soil. Enjoy fishing for Crappie and Bass in the large front pond while admiring the towering Cedars, Live Oaks and Pin Oaks scattered throughout. The property is fully fenced with some cross fencing, and also has multiple structures on site to use as RV storage, hay storage, livestock projects, guest house, etc! 3 bedroom 2 bathroom manufactured home with additional flex space and covered carport is centrally located surrounded by beautiful Oak trees. Less than 5 miles from I-45 and just 3.5 miles from the Best Little Steakhouse in Texas. Whether you're looking to build your dream home in the country or have a place to hunt and fish on the weekends, the possibilities are endless at Road Runner Ranch!

Investor Tools

Property Icon
$378,000
Estimated Property Value
$0Estimated Mortgage Balance
$378,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$457,265
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,700 /month
Positive
Cash Flow Estimate:
$900 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$164/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$84
$26,810
2025
$8,000
$18,810
$26,810
Yes (2021)

Tax History

Year
Tax Paid
Assessed Value
2022
$84
$26,810

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$378,000
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: Leona

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3785 Fm 977 | Property Details | No Agent List