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Days393Days on Market
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$205,000

5329 Fm-121, Van Alstyne, TX, 75495

On MarketInfo
Baths0 Bath
Unimproved LandUnimproved Land

Highlights

Interior

Bathrooms 0Bathrooms 0

Exterior

Lot Size2.11 acres

Land Information

APN284 7982005
Lot Number5
SubdivisionMagnolia Farms
Land UseAgriculture / Farming
Legal DescriptionMAGNOLIA FARMS, LOT 5, ACRES 2.108
Census Tract001802
Assessed Land Value$159,587
Assessment Year2025

About this property

Nestled in the charming and rapidly growing community of Van Alstyne, Texas, this expansive 2.1080-acre residential lot offers the perfect canvas for your dream home. With ample space to design and build, this property provides endless possibilities for those seeking a serene yet connected lifestyle. Located in an up-and-coming area, Van Alstyne is quickly becoming a sought-after destination for families and individuals alike. With its warm and welcoming small-town ambiance, it offers the perfect blend of tranquility and community spirit. Local attractions and amenities such as parks, schools, and shopping centers are conveniently accessible, providing a comfortable balance between rural charm and urban convenience. In recent years, the area has seen exciting developments and infrastructure improvements. The community is renowned for its excellent school district and friendly atmosphere. The lot itself is a blank slate awaiting your personal touch. Imagine crafting a custom home where you can enjoy Texas sunsets and open skies, with plenty of room for outdoor living spaces or a private garden oasis. The natural beauty of the surrounding countryside provides a picturesque backdrop and offers a slice of nature right at your doorstep. Whether you're envisioning a sprawling estate or a cozy family nest, this property in Van Alstyne promises not only a home but an opportunity to be part of a flourishing community. Don’t miss your chance to secure a piece of this vibrant town's future. Embrace the potential and start planning your next chapter in Van Alstyne, Texas.

Investor Tools

Property Icon
$193,000
Estimated Property Value
$0Estimated Mortgage Balance
$73,481Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,230 /month
Positive
Cash Flow Estimate:
$410 /month

Interested in this property?

Kimberly Uselton

Keller Williams Urban Dallas

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$303/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,671
$159,587
2025
$159,587
N/A
$159,587
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,671
$159,587

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
B1bank
Commercial
$129,905
No
First
Mar 15, 2022
Mar 2027

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$119,519
$73,481
38%
62%
$779/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.

Explore Texas Explore This Area
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: Van Alstyne

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