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$209,630

5511 Snapdragon Rd, Ore City, TX, 75683

Off MarketInfo
Baths0 Bath
FarmFarm

Highlights

Interior

Bathrooms 0Bathrooms 0

Exterior

Lot Size48.04 acres

Land Information

APN7414
Land UseAgriculture / Farming
Legal DescriptionABS A278 LAGRONE, JACOB,TRACT 7, 48.04 ACRES (+2.130 AC IN RD)
Census Tract950102
Assessed Land Value$209,630
Assessment Year2025

About this property

Beautiful timber tract with several good home sites. There is a large creek beginning on the northwest part of the property with some floodplain along the creek, but plenty of high ground to build. The pine are in the third cutting stage. Mature hardwoods including Oaks and Hickory. This property would also make a great hunting tract. Newly mulched trails cut through the property to make for an easy view. Property has frontage on both Snapdragon Rd and Nasturtium Rd. There is electric at the road and Fiber along the road frontage. Buyer to confirm water availability.

Investor Tools

Property Icon
$209,630
Estimated Property Value
$183,371Estimated Mortgage Balance
$28,941Estimated Equity
13% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,355 /month
Positive
Cash Flow Estimate:
$452 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$110/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$272
$209,630
2025
$209,630
N/A
$209,630
No

Tax History

Year
Tax Paid
Assessed Value
2025
$272
$209,630

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Farm Credit Mid America Flca
Purchase Money Mortgage
$183,371
No
First
Jul 7, 2025
Aug 2040

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$180,689
$28,941
13%
86%
$1,100/mo

Learn About the Market: Opportunity in Texas

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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: Ore City

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5511 Snapdragon Rd | Property Details | No Agent List