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$18,000

401 Tara Lane, Troup, TX, 75789

On MarketInfo
Baths0 Bath

Highlights

Interior

Bathrooms 0Bathrooms 0

Exterior

Lot Size8,973 sqft

Land Information

APN1-50050-0004-00-015010
SubdivisionMagnolia Heights Subd
Land UseResidential
Legal DescriptionMAGNOLIA HEIGHTS SUBD.BLOCK D LOT 15A
Census Tract002101
Assessed Land Value$23,027
Assessment Year2025

About this property

Discover the potential of this 0.206-acre lot located in the heart of Troup, Texas. This property offers an excellent opportunity for buyers seeking a place to build their dream home or invest in land within a growing East Texas community. With water and sewer services already available, the lot is equipped with the essential utilities needed to streamline the building process. The manageable size makes it ideal for a variety of home designs while still allowing for outdoor space such as a yard, garden, or patio area. Troup is known for its small-town charm, friendly atmosphere, and convenient location with easy access to nearby cities like Tyler and Whitehouse. Whether you are looking to establish a primary residence, a weekend retreat, or a long-term investment, this lot provides the flexibility to suit your vision. The community offers schools, parks, and local amenities, all within a short distance. Take advantage of this opportunity to secure a lot with utilities in place and start planning your future in Troup today.

Investor Tools

$73,794Estimated Mortgage Balance
$49,206Estimated Equity
40% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$738 /month
Positive
Cash Flow Estimate:
$246 /month

Interested in this property?

Kristi Martin

Kristi Martin Realty

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$63/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$145
$23,027
2025
$23,027
N/A
$23,027
No

Tax History

Year
Tax Paid
Assessed Value
2025
$145
$23,027

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Citizens State Bank
Unknown
$126,000
No
First
Jul 28, 2009
Jul 2010

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$73,794
$49,206
40%
60%
$756/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.

Explore Texas Explore This Area
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: Troup

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401 Tara Lane | Property Details | No Agent List