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$486,898

NAL Estimated Property Value

3951 Fm 970, Florence, TX, 76527

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,874 Sq Ft
price_per_sqft$154.22 / sqft
Year BuiltBuilt in 1951

Property Lead Type:

BankruptcyPre-ForeclosureAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 1Bathrooms Full 1
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Electric Cooktop, Microwave
FlooringTile, Vinyl

Exterior

Exterior FeaturesSee Remarks
Lot Size3.05 acres

Building Information

Year Built1951
Stories1
Garage Spaces6

Land Information

APNR-10-W100-0500-0009
Lot Number8-9
SubdivisionAndice View
Land UseResidential
Legal DescriptionS5854 - ANDICE VIEW, LOT 9, 8(PT), ACRES 3.046
Census Tract020206
Assessed Land Value$241,368
Assessed Improvement Value$245,530
Assessment Year2025

About this property

Rare opportunity to own over 3 acres of peaceful countryside with mature trees, beautiful views, and the privacy you've been searching for! This 3 bedroom, 2 bath home offers a unique chance to create your dream property while enjoying the space and freedom that acreage living provides. The property features a covered carport, and a spacious on site shop, offering plenty of room for vehicles, equipment, hobbies, storage, or a workshop. Inside, you'll find updated appliances and flooring improvements completed within the last year, providing a great foundation for future updates and personalization. Surrounded by scenic country views and shaded by established trees, the setting is ideal for those seeking a quieter lifestyle without sacrificing convenience. Whether you're looking for a homestead, investment opportunity, or a property with room to grow, the possibilities here are endless. Priced to sell and reflective of the work still needed, this property presents an exceptional value for buyers willing to add their own vision and finishing touches. Don't miss your chance to unlock the potential of this acreage retreat and make it your own!

Investor Tools

Property Icon
$486,898
Estimated Property Value
$138,183Estimated Mortgage Balance
$349,123Estimated Equity
71% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,921 /month
Positive
Cash Flow Estimate:
$974 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$538/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,019
$486,898
2025
$241,368
$245,530
$486,898
No

Tax History

Year
Tax Paid
Assessed Value
2025
$4,019
$486,898

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Ameripro Funding Inc
Fha
$171,830
Yes
First
Oct 1, 2014
Oct 2044

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$138,183
$348,715
71%
28%
$1,093/mo

Learn About the Market: Opportunity in Texas

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Explore

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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3951 Fm 970 | Property Details | No Agent List