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$299,900

510 County Road 1220, Cumby, TX, 75433

Off MarketInfo
Baths0 Bath
Baths1,800 Sq Ft
Unimproved LandUnimproved Land
Year BuiltBuilt in 1991

Highlights

Interior

Bathrooms 0Bathrooms 0

Exterior

Lot Size36.61 acres

Building Information

Year Built1991

Land Information

APNR000012315
SubdivisionClendennon D F Survey A-
Land UseAgriculture / Farming
Legal DescriptionACRES: 36.609 ABS: 179 TR: 10 SUR: CLENDENNON D F
Census Tract950200
Assessed Land Value$225,210
Assessed Improvement Value$6,390
Assessment Year2025

About this property

Beautifully treed, secluded land with a new rock entrance. Water meter and power pole at the property. One large pond with a multiple clearings, perfect to build your dream home. Easement through neighbors property to enter- the easement entrance is rocked into the property. Metal shop on the property. Plenty of deer and hogs run wild.

Investor Tools

Property Icon
$231,600
Estimated Property Value
$220,000Estimated Mortgage Balance
$18,483Estimated Equity
5% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,799 /month
Positive
Cash Flow Estimate:
$600 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$414/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,811
$231,600
2025
$225,210
$6,390
$231,600
No

Tax History

Year
Tax Paid
Assessed Value
2025
$3,811
$231,600

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Legacy Ag Credit Aca
Commercial
$220,000
No
First
Aug 12, 2024
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$213,117
$18,483
7%
92%
$1,320/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: Cumby

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510 County Road 1220 | Property Details | No Agent List