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$472,000

NAL Estimated Property Value

500 Cassandra Lane, Kerens, TX, 75144

Off MarketInfo
Baths0 Bath
Baths1,980 Sq Ft
Year BuiltBuilt in 2018

Highlights

Interior

Bathrooms 0Bathrooms 0
Garage AvailableGarage Available

Exterior

Exterior FeaturesAwning(s)
Lot Size43,124 sqft

Building Information

Year Built2024
Stories1
Garage Spaces3

Land Information

APN34686
Lot Number18-20
SubdivisionGrays
Land UseResidential
Legal DescriptionG0600 GRAYS BLK 8 LOT 18 THRU 20 .99 ACRES (132.7 X 325) (132.7 X 325)
Census Tract970600
Assessed Land Value$57,360
Assessed Improvement Value$133,180
Assessment Year2025

About this property

Opportunities await! Check out this beautiful acre with a 2000 square foot metal building located just off Highway 31 in Kerens. Building is 40' by 50', fully insulated with 4 inch insulation, two 12 insulated doors with electric door openers, bathroom, and large overhang with cement flooring. This location offers a wide variety of opportunities, including possible commercial or residental use. Building includes the lot all the way down to the corner of Cassandra, lots total .99 acres, sales price includes value for shop. Room to build your home or room to start a business. Call to schedule a property tour!

Investor Tools

Property Icon
$472,000
Estimated Property Value
$0Estimated Mortgage Balance
$472,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,832 /month
Positive
Cash Flow Estimate:
$944 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$308/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,333
$190,540
2025
$57,360
$133,180
$190,540
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,333
$190,540

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$472,000
100%
0%
$0/mo

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: Kerens

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500 Cassandra Lane | Property Details | No Agent List