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$63,000

601 N Kerr Street N, Blooming Grove, TX, 76626

Off MarketInfo
Baths0 Bath
Baths399 Sq Ft
Unimproved LandUnimproved Land

Highlights

Interior

Bathrooms 0Bathrooms 0

Exterior

Lot Size21,432 sqft

Land Information

APN114534
SubdivisionS Carter Abst
Land UseResidential
Legal DescriptionABS A10184 S CARTER ABST TRACT 41B .492 ACRES
Census Tract970400
Assessed Land Value$42,860
Assessed Improvement Value$7,980
Assessment Year2025

About this property

Almost half an acre lot in Blooming Grove is ready for you to build your dream home. This lot is partially fenced and has two concrete pads with utilities available. Close to the downtown Blooming Grove area and schools. Easy access to Hwy 22 for commuting to Corsicana or Hillsboro. No mobile homes allowed.

Investor Tools

Property Icon
$63,000
Estimated Property Value
$0Estimated Mortgage Balance
$18,725Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$378 /month
Positive
Cash Flow Estimate:
$126 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$91/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$771
$50,840
2025
$42,860
$7,980
$50,840
No

Tax History

Year
Tax Paid
Assessed Value
2024
$771
$50,840

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Prosperity Bank
Commercial
$45,000
No
First
Jun 17, 2025
Jun 2026

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$44,275
$18,725
29%
70%
$270/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.

Explore Texas Explore This Area
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: Blooming Grove

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