Last 24 Hours
$475,000
NAL Estimated Property Value5500 County Road 406, Grandview, TX, 76050
Off Market
Highlights
Interior
Bedrooms —
Bathrooms —Exterior
Lot Size38 acres
Land Information
APN126.0131.00280
Land UseAgriculture / Farming
Legal DescriptionABST 131 TR 13 A CRENSHAW,T WELLS 126.0202.01760
Census Tract130501
Assessed Land Value$475,000
Assessment Year2025
About this property
Looking for your own piece of heaven to build your dream home, then you need to check out this 5 acres located in the quiet country of Johnson County. Property is fenced, cross fenced and ready for you to bring your livestock. Plenty of room for the kids to run and play. Yard has mature Crepe myrtles and Bradford pear trees. Also, has RV hook ups. This could be a great hobby farm or just a great place to come and relax. There is no value in the single wide mobile home . Removal of mobile is negotiable with seller.
Investor Tools
$475,000
Estimated Property Value
$0Estimated Mortgage Balance
$475,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,850 /month
Positive
Cash Flow Estimate:
$950 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$203/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$56
$475,000
2025
$475,000
N/A
$475,000
No
Tax History
Year
Tax Paid
Assessed Value
2025
$56
$475,000
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$475,000
100%
0%
$0/mo
12.4%