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Street View

$116,400

NAL Estimated Property Value

459 County Road 163, Gainesville, TX, 76240

Off MarketInfo
Baths0 Bath
RanchRanch

Highlights

Interior

Bathrooms 0Bathrooms 0

Exterior

Lot Size2.50 acres

Land Information

APN158493
Lot Number5R
SubdivisionCannon Estates
Land UseAgriculture / Farming
Legal DescriptionCANNON ESTATES; LOT 5R; RESUBDIVISION OF LT 1; ACRES 2.5
Census Tract000100
Assessment Year2025

About this property

Just the right size to get out of town and build a new home! You will have neighbors but not too close on the 2.5 Acres. Come see the beautiful property!

Investor Tools

Property Icon
$116,400
Estimated Property Value
$53,288Estimated Mortgage Balance
$63,112Estimated Equity
54% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$698 /month
Positive
Cash Flow Estimate:
$233 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$151/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,225
$116,400
2025
N/A
N/A
$118,750
Yes (2024)

Tax History

Year
Tax Paid
Assessed Value
2024
$1,225
$116,400

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
First State Bank
Purchase Money Mortgage
$58,650
No
First
Jan 15, 2021
Feb 2036

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$53,288
$63,112
54%
46%
$306/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: Gainesville

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459 County Road 163 | Property Details | No Agent List