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$41,960

NAL Estimated Property Value

505 E Spurgeon Street, Itasca, TX, 76055

Off MarketInfo
Baths0 Bath
Unimproved LandUnimproved Land

Highlights

Interior

Bathrooms 0Bathrooms 0

Exterior

Lot Size14,985 sqft

Land Information

APN138102
Lot Number7
SubdivisionBrowder Addition
Land UseResidential
Legal DescriptionBROWDER BLK 40 LT 2B & 7
Census Tract960100
Assessed Land Value$41,960
Assessment Year2025

About this property

Nearly half an acre of land to spread out and build your beautiful new home or an income-producing rental in an up & coming, yet quiet and friendly town. Incredibly low price for such an amazing opportunity. SF homes selling for as much as $160,000 in this neighborhood. Paved road access. Water meter and sewer tap connection already in place.

Investor Tools

Property Icon
$41,960
Estimated Property Value
$0Estimated Mortgage Balance
$41,960Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$300 /month
Positive
Cash Flow Estimate:
$100 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$25/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$93
$41,960
2025
$41,960
N/A
$41,960
No

Tax History

Year
Tax Paid
Assessed Value
2025
$93
$41,960

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$41,960
100%
0%
$0/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.

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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: Itasca

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505 E Spurgeon Street | Property Details | No Agent List