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$220,000

5018 County Road 3562, Dike, TX, 75437

Off MarketInfo
Baths3,617 Sq Ft
Unimproved LandUnimproved Land
Year BuiltBuilt in 1968

Exterior

Lot Size19.92 acres

Building Information

Year Built1968

Land Information

APNR000020557
SubdivisionStout Henry Survey A-
Land UseResidential
Legal DescriptionACRES: 19.920 ABS: 826 & 397 TR: 6 SUR: STOUT HENRY & HAWKINS JAMES
Census Tract950100
Assessment Year2025

About this property

Good level and open pasture land with over 1200ft of road frontage, utilities available at the road. No restrictions. There is are two older frame houses that are of little value but but could possibly be remodeled. Adjacent 10 acres with large workshop with water and electric also available.

Investor Tools

Property Icon
$218,000
Estimated Property Value
$39,950Estimated Mortgage Balance
$184,235Estimated Equity
82% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,320 /month
Positive
Cash Flow Estimate:
$440 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$110/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$225
$169,400
2025
N/A
N/A
$364,620
No

Tax History

Year
Tax Paid
Assessed Value
2025
$225
$169,400

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
City National Bank Of Sulphur Springs
Building Or Construction Loan
$39,950
No
First
Sep 26, 2018
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$33,765
$184,235
84%
15%
$240/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: Dike

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5018 County Road 3562 | Property Details | No Agent List