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$795,000

6100 Fm 314, Ben Wheeler, TX, 75754

On MarketInfo
Beds1 Beds
Baths— Bath
Baths1,200 Sq Ft
RanchRanch
price_per_sqft$662.5 / sqft
Year BuiltBuilt in 2008

Highlights

Interior

Bedrooms 1Bedrooms 1
Bathrooms Half 1Bathrooms Half 1
Garage AvailableGarage Available

Exterior

Exterior FeaturesRain Gutters, Other
Lot Size12 acres

Building Information

Year Built2008
Garage Spaces3

Land Information

APN065.0061.0080.0002.0000
Land UseResidential
Legal DescriptionACRES: 12.000 ABST: 61 SUR: E BALL
Census Tract950902
Assessed Land Value$19,840
Assessed Improvement Value$378,350
Assessment Year2025

About this property

A fantastic 47.79 acre East Texas farm for sale in Van Zandt County Texas near Ben Wheeler on FM 314. The land has a gentle roll and features roughly 70 percent improved pasture in Coastal Bermuda and Bahia grasses. The remaining part of the tract has clustered majestic hardwood trees. For livestock and wildlife there are two stock ponds that hold water year round strategically located on the property. Prairie Creek traverses the land winding through the hardwood providing added water source and wildlife habitat. The property is completely fenced and livestock ready. A custom built boarded corral is in place for working and holding livestock. For the trail rider, whether it be horseback or on 4-Wheeler there is plenty of space to ride and roam. A real cool treelined entry takes you to the property improvements. The improvements include a 1200 sq. ft. cabin with 1 bedroom and 1 bath with shower and claw foot tub, tile floors, open floor plan with free standing wood burning stove in living room and fully equipped kitchen. The living room vaulted ceiling features beautiful pine boarding. The construction is superior with Hardie Board siding and metal roof. The cabin faces east, allowing the covered front and back porches to take advantage of southern breezes. Another major improvement is the 1200 sq. ft. metal shop and equipment building that is insulated, bright lighting, cement floor, 3 rollup doors and a side entry standard door. All of this just 8 miles south of Interstate 20 and 1.5 miles north of State Highway 64. Canton, TX is a short 10 minutes west on Highway 64 and Tyler is a quick 20 minutes east. Seller will divide the land in half and sell house & 24+- acres or the other 24+- acres with no improvements.

Investor Tools

$0Estimated Mortgage Balance
$398,190Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,770 /month
Positive
Cash Flow Estimate:
$1,590 /month

Interested in this property?

Carroll Bobo

United Country Legacy Land Company

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$405/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,872
$398,190
2025
$19,840
$378,350
$398,190
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,872
$398,190

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$473,000
100%
0%
$0/mo

City: Ben Wheeler