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$220,000

NAL Estimated Property Value

555 Fm 2997, Richland Springs, TX, 76871

$286,000 ARVInfo
Off MarketInfo
Beds2 Beds
Baths2 Bath
Baths1,500 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$233.33 / sqft
Year BuiltBuilt in 1979

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2

Exterior

Lot Size1 acre

Building Information

Year Built1980

Land Information

APN3555
Land UseResidential
Legal DescriptionF NOTT ABST 971 SURV 274 1.00 AC
Census Tract950200
Assessed Land Value$13,000
Assessed Improvement Value$124,510
Assessment Year2025

About this property

Stunning Property with Over 65 Acres available. Nestled in the heart of Richland Springs, TX, this captivating ranch is the perfect canvas for creating your dream country retreat, with its rolling views of the countryside. The property is fenced on all sides with a secondary fence around the Home itself (1 Acre). Several large oak, elm, mesquite, and pecan trees are scattered throughout. Wildlife includes a large number of deer, hogs, turkey and dove. With 2 small homes on this ranch, one beautifully remodeled 2 Bedroom 2 Full Bath & a Studio Home with Full Bath the possibilities are endless. Even more goodies on this property are a rainwater collection system, TWO 750- gallon septic tanks, cattle corral, small barn, security system, 4 sheds, chicken coop, and so much more!! Only 20 minutes from Historic San Saba! What more could you ask for? Come take a look for yourself…

Investor Tools

Property Icon
$220,000
Estimated Property Value
$0Estimated Mortgage Balance
$220,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
$286,000
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,100 /month
Positive
Cash Flow Estimate:
$700 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$157/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$782
$137,510
2025
$13,000
$124,510
$137,510
No

Tax History

Year
Tax Paid
Assessed Value
2025
$782
$137,510

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$246,000
100%
0%
$0/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: Richland Springs

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555 Fm 2997 | Property Details | No Agent List