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$250,000

483 Lcr 608, Mart, TX, 76664

Off MarketInfo
Baths0 Bath
Baths2,400 Sq Ft
Unimproved LandUnimproved Land

Highlights

Interior

Bathrooms 0Bathrooms 0

Exterior

Lot Size22 acres

Land Information

APNR50037
Land UseAgriculture / Farming
Legal DescriptionA042 T P ANDERSON, ACRES 22
Census Tract970600
Assessment Year2024

About this property

Welcome to the small community of Ben Hur, located in Limestone County! Looking for pasture land for your livestock or a great spot to build or bring your dream home? These 30 ag exempt acres have a stock tank and seasonal creek, housing lots of indigenous Texas wildlife. Water, electric, and an old septic are already in place, but the small home needs to be razed. Fenced with native grasses, hardwoods, and mesquites. The front fence line of the property is heavily wooded, creating a nice wall of privacy from the road. Privately owned and currently used for grazing horses. No restrictions or zoning. Tons of recreational opportunities and a great place to establish your dream ranch. Come enjoy all of the room to spread out and enjoy country living!

Investor Tools

Property Icon
$19,240
Estimated Property Value
$228,800Estimated Mortgage Balance
$0Estimated Equity
-1089% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,500 /month
Positive
Cash Flow Estimate:
$500 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$16/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$91
$19,240
2024
N/A
N/A
$197,000
No

Tax History

Year
Tax Paid
Assessed Value
2022
$91
$19,240

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Alliance Bank Central Texas
Open End Mortgage / Open End With Future Advance Clause
$228,800
No
First
Jul 27, 2022
Jul 2025

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$212,441
N/A
0%
1104%
$1,372/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: Mart

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483 Lcr 608 | Property Details | No Agent List