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$504,559

NAL Estimated Property Value

5975 Fm 274, Ravenna, TX, 75476

Off MarketInfo
Baths0 Bath
Baths825 Sq Ft
Year BuiltBuilt in 2016

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bathrooms 0Bathrooms 0

Exterior

Lot Size36.34 acres

Building Information

Year Built2016

Land Information

APN119368
Land UseResidential
Legal DescriptionA0463 H HART, ACRES 36.342
Census Tract950800
Assessed Land Value$407,170
Assessed Improvement Value$97,389
Assessment Year2025

About this property

This exceptional property offers a 48 Volt Solar Electric System, 30 photovoltaic solar panels, storage batteries, and 4 backup propane generators connected to three 500-gallon propane tanks. Stay warm with alternative energy, propane heaters and wood fireplace. 830 ft of FM road frontage. On-site well and septic system with electricity available on FM 274. Ag and solar exemptions keep property taxes at approximately $14 per month. Potential additional income through hay production. Fenced, cross-fenced and complete with 2 gates. Bee boxes ready to go for new honey bees. Ideal home site with no restrictions and perfect for building your dream home without any flood plain. Sandy soil ideal for construction or creating an equine property. Three ponds enhance the natural beauty and provide water for livestock or recreational activities. Native pecan trees, a variety of fruit trees, and berry bushes. Deer, Ducks, Hogs and Turkey. Above ground pool. Close to major routes and lakes!

Investor Tools

Property Icon
$504,559
Estimated Property Value
$338,081Estimated Mortgage Balance
$166,478Estimated Equity
32% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,027 /month
Positive
Cash Flow Estimate:
$1,009 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$225/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$172
$504,559
2025
$407,170
$97,389
$504,559
No

Tax History

Year
Tax Paid
Assessed Value
2024
$172
$504,559

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Agtrust Aca
Commercial
$349,000
No
First
Aug 28, 2024
Sep 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$338,081
$166,478
32%
67%
$2,093/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: Ravenna

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5975 Fm 274 | Property Details | No Agent List