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$900,000

NAL Estimated Property Value

4945 East Rhodes School Road, Damon, TX, 77430

Off MarketInfo
Baths0 Bath
Single Family ResidenceSingle Family Residence

About this property

Looking to build your dream home with hundred-year old live oaks, amidst grazing cattle and trophy deer? This spectacular piece of Texas ranch land could be yours! Nestled between large ranches and a federal wildlife refuge, this ranch's soil is a rich sandy loam, very fertile and suitable for hay production. With over a half mile of county road frontage, this property is completely fenced with net wire to help maintain the wild hogs. The seller has managed and fed a large deer herd for the past 12 years; perfect for an avid hunter! The Northeast corner of the property is considered to be a part of the Eagle Nest Lake. It is a must see! Seller is willing to subdivide the property into 2 separate parcels of 60 and 60. Call the agent for more details!

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Rent-to-Value Ratio: 0.72%
Rent Estimate
$5,400 /month
Positive
Cash Flow Estimate:
$1,800 /month

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Financing Details

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

Learn About the Market: Opportunity in Texas

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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: Damon

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4945 East Rhodes School Road | Property Details | No Agent List