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$236,000

411 S 1st St, Crandall, TX, 75114

Off MarketInfo
Baths2 Bath
Baths1,520 Sq Ft
Unimproved LandUnimproved Land
price_per_sqft$155.26 / sqft
Year BuiltBuilt in 1975

Highlights

Interior

Bathrooms Full 1.5Bathrooms Full 1.5
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling

Exterior

Lot Size7,501 sqft

Building Information

Year Built1975
Stories1
Roof Type105
Garage Spaces1

Land Information

APN00.1270.0007.0006.00.01.01
Lot Number6
SubdivisionGodfrey-May-Holly
Land UseResidential
Legal DescriptionGODFREY-MAY-HOLLY, BLOCK 7, LOT 6; PT & HOUSE PT & HOUSE
Census Tract050802
Assessed Land Value$48,750
Assessed Improvement Value$140,738
Assessment Year2025

About this property

Vacant lot on N 1st St within the growing city of Crandall. Utilities are available. NOT in a flood zone. No Survey. CAD shows property to be 7500 SF and 150' eff depth, therefore 50' eff width. Lot is located in the older part of town where lot sizes are larger than typical. City says the lot is only 2 streets away from the typical zoning of 50'x100', so a variance to build would be required. Buyer and agent to verify schools, measurements, and all information.

Investor Tools

Property Icon
$236,000
Estimated Property Value
$0Estimated Mortgage Balance
$236,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,416 /month
Positive
Cash Flow Estimate:
$472 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$400/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,623
$189,488
2025
$48,750
$140,738
$189,488
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,623
$189,488

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$236,000
100%
0%
$0/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: Crandall

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411 S 1st St | Property Details | No Agent List