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$327,040

NAL Estimated Property Value

5047 N FM 17, Alba, TX, 75410

$425,152 ARVInfo
Off MarketInfo
Beds2 Beds
Baths1 Bath
Baths957 Sq Ft
price_per_sqft$630.09 / sqft
Year BuiltBuilt in 1940

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms 1Bathrooms 1
AppliancesDryer, Gas Range, Gas Water Heater, Washer
FlooringCarpet, Linoleum

Exterior

Exterior FeaturesPrivate Yard
Lot Size10.68 acres

Building Information

Year Built2024
Garage Spaces1

Land Information

APN10984
Land UseAgriculture / Farming
Legal DescriptionABS 0012; ANDERSON B; TRACT 6; 10.675 ACRES
Census Tract950304
Assessed Land Value$128,100
Assessed Improvement Value$198,940
Assessment Year2025

About this property

Discover the perfect opportunity to build your dream home near the renowned Lake Fork! This exceptional property spans over 10 beautiful acres, featuring mature trees, a charming cottage (to be sold as is) and multiple functional structures including a spacious carport, a large barn in excellent condition, and a covered pavilion ideal for parking or entertaining guests. The property is fully fenced and well-suited for livestock such as cattle or horses. The current home is being rented on weekends, offering an immediate income opportunity. Additionally, the seller is in the process of constructing a picturesque pond, enhancing the property’s natural appeal. With no restrictions, the possibilities are endless, develop an RV park, create a private subdivision, or transform it into a recreational or commercial venture. The property boasts dual road frontage on Highway 17 and County Road 1513, ensuring excellent accessibility. Located just across the street from a public boat ramp, you’ll enjoy easy access to world-class fishing on Lake Fork. Nearby amenities include two premier golf courses, local restaurants, a recreational park, and convenient proximity to Tyler (45 minutes) and Dallas (1.5 hours). Come experience the serenity, beauty, and limitless potential of this remarkable property! Buyer and or Buyers agent to verify any and all information

Investor Tools

Property Icon
$327,040
Estimated Property Value
$157,336Estimated Mortgage Balance
$169,704Estimated Equity
51% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
$425,152
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,618 /month
Positive
Cash Flow Estimate:
$1,206 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$479/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,115
$327,040
2025
$128,100
$198,940
$327,040
No

Tax History

Year
Tax Paid
Assessed Value
2025
$4,115
$327,040

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Yantis Fcu
Purchase Money Mortgage
$164,000
No
First
Feb 23, 2024
Feb 2039

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$157,336
$169,704
51%
48%
$984/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: Alba

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