Real opportunities. Driven by live market signals.
Updated every minute.

Browse Homes — Buy Direct, Deal on Your Terms

Updated Properties Icon
Updated Properties
Last 24 HoursLast 24 Hours
Main property image
Days19Days on Market
Views4view
Gallery image 2
Gallery image 3
Gallery image 4
Gallery image 5

$385,000

5467 Fm 987, Kaufman, TX, 75142

On MarketInfo
Baths0 Bath
Unimproved LandUnimproved Land

Highlights

Interior

Bathrooms 0Bathrooms 0

Exterior

Lot Size10 acres

Land Information

APN99.0001.0000.0500.06.03.00
SubdivisionR Anthony
Land UseAgriculture / Farming
Legal DescriptionR ANTHONY, TRACT 500.06; 10. ACRES
Census Tract050701
Assessed Land Value$788
Assessment Year2025

About this property

Ten acres of possibility just waiting for your vision. This unrestricted vacant land offers the space and privacy that's getting harder to find, with an agricultural exemption already in place to help keep your taxes low. The property is partially fenced and heavily treed in areas, with a creek running through it, giving it natural character and options for how you use the space. An individual water meter is already in place, and electric is available at the property, ready for a meter to be set. Whether you're planning a homestead, weekend retreat, or simply an investment in wide open space, this land gives you a strong head start. Located on FM 987 in Kaufman, you get that peaceful country feel while still being a reasonable drive to city conveniences. Come see what ten acres of Texas land can do for you.

Investor Tools

$74,540Estimated Mortgage Balance
$0Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,310 /month
Positive
Cash Flow Estimate:
$770 /month

Interested in this property?

Deborah Branch

Ebby Halliday, REALTORS

ContactContact

Want alerts when something changes with this property?

Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$13
$788
2025
$788
N/A
$249,999
No

Tax History

Year
Tax Paid
Assessed Value
2024
$13
$788

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Heritage Land Bank Aca
Open End Mortgage / Open End With Future Advance Clause
$87,000
No
First
Jun 28, 2019
Jul 2044

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$74,540
N/A
0%
9459%
$522/mo

Learn About the Market: Opportunity in Texas

Local Market Pages
Local Market Pages 2Local Market Pages 3Local Market Pages 4

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: Kaufman

No Agent List Top Properties.

These are Deal List properties graded A+, A.

Loading properties...

Sold Properties

Loading properties...

5467 Fm 987 | Property Details | No Agent List