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Days1833Days on Market
Views2view

$420,000

50 Pecan Br # 2, Florence, TX, 76527

On MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,568 Sq Ft
ModularHomeModularHome
price_per_sqft$267.86 / sqft
Year BuiltBuilt in 1993

Property Lead Type:

Off-Market ListMust-SellAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
AppliancesElectric Range
FlooringCarpet, Linoleum

Exterior

Private PoolPrivate Pool
Lot Size6.39 acres

Building Information

Year Built1993
Stories1

Land Information

APNR-10-W000-5000-1034B
Land UseResidential
Legal DescriptionAW0282 HAMILTON, J. SUR., BLOCK 1, TRACT 34,AKA PECAN BRANCH EST, MH SERIAL # 12523155A, TITLE # 00762591, LABEL #
Census Tract020201
Assessed Land Value$363,795
Assessed Improvement Value$51,589
Assessment Year2025

About this property

6.39 acres in Pecan Branch Estate with water, septic, and electric already in place, which is the expensive part already handled on rural land. The home on the property needs work and is sold as-is, a good project for a buyer who wants to put in some sweat equity and bring it back. Two electric meters and the lot can be divided if you want to split it. Fully fenced with an easy drive to I-35. Florence ISD. Seller is offering $7,500 toward buyer's closing costs. All remaining personal property on site, including the truck, tractor, and supplies, will be removed by the seller after closing. Rare to find this much acreage with utilities already in the ground at this price.

Investor Tools

Property Icon
$415,384
Estimated Property Value
$349,400Estimated Mortgage Balance
$96,317Estimated Equity
16% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,520 /month
Positive
Cash Flow Estimate:
$840 /month

Interested in this property?

Deborah Beene

Cloud Real Estate

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$704/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,374
$415,384
2025
$363,795
$51,589
$415,384
No

Tax History

Year
Tax Paid
Assessed Value
2025
$6,374
$415,384

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Donald Ray Knight And Linda Knight
Unknown
$349,400
No
First
Dec 22, 2021
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$320,270
$95,114
22%
77%
$2,095/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: Florence

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