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$43,989

NAL Estimated Property Value

5878 E Boone Prairie Rd. CountyRoad N, Franklin, TX, 77856

Off MarketInfo

Highlights

Interior

Bedrooms —Bedrooms —
Bathrooms —Bathrooms —
AppliancesGas Water Heater

Exterior

Lot Size13.30 acres

Land Information

APN000156-000110
Land UseAgriculture / Farming
Legal DescriptionAB 156 TR 11 R K GOODLOE 1278/442 1368/625 13.3 ACRES
Census Tract960300
Assessment Year2025

About this property

Less than a half mile off paved road is a mostly wooded, rolling, 13.3-acre tract in Franklin ISD at 5878 East Boone Prairie Rd. with 590 ft. of road frontage, a pond and 60 ft. of elevation change. The underbrush has been cleared leaving all the Water Oak, Blackjack oak, Post Oak, Elm, and Hickory trees. This tract has 1,670 ft of graveled driveway leading up to a 2,800 sq. ft. Barndominium divided into a 525 sq. ft. 1 bed 1 bath living area with storage loft, a 21’ x 27’ enclosed shop with concrete floor & roll-up door, 15’ x 50’ under-roof concrete RV pad with full hookups, and 35’ x 50’ area for storage or converting to additional living quarters. The Barndominium has underground Navasota Valley Electric service with (2) 200 AMP meters, a 620 ft. water well (see attached well report), an on-demand gas water heater, and a conventional septic installed in 2016. Property is fenced on two sides, with current ag exemption can convert to a wildlife exemption. Great weekend getaway or pick a spot to build your home in the country. Conveniently located about 15 minutes from Franklin & an hour from BCS.

Investor Tools

Property Icon
$43,989
Estimated Property Value
$0Estimated Mortgage Balance
$43,989Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,249 /month
Positive
Cash Flow Estimate:
$750 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$75/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$683
$43,989
2025
N/A
N/A
$251,198
No

Tax History

Year
Tax Paid
Assessed Value
2025
$683
$43,989

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$43,989
100%
0%
$0/mo

City: Franklin

5878 E Boone Prairie Rd. CountyRoad N | Property Details | No Agent List