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$216,000

NAL Estimated Property Value

6288 Highway 31, Murchison, TX, 75778

$280,800 ARVInfo
Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths2,304 Sq Ft
FarmFarm
price_per_sqft$93.75 / sqft
Year BuiltBuilt in 1952

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 2Bathrooms 2
AppliancesBuilt-In Gas Range, Dishwasher, Disposal, Gas Cooktop
FlooringCarpet, Ceramic Tile, Parquet, Wood

About this property

Pride in Ownership is Apparent! 41.5 acres of beautiful East Texas landscape. Special Features Include: Ranch Style 3 Bedroom, 2 Bath, home with popular Open Floor Plan! Large Well Appointed Kitchen, Island & Breakfast Bar, Immense Counter Space & Storage 3 kitchen windows over the sink. Master bath is Handicap Accessible with Zero Entry Shower and Expanded Doorway! 2nd Bath with double Vanity, large Laundry Mud Room.The land is Fenced & Cross Fenced, embellished with a beautiful Spring-fed Pond, Coastal Hay Meadows & Outbuildings. Conveniently located between Athens and Tyler in Murchison.

Investor Tools

Property Icon
$0
Estimated Property Value
$0Estimated Mortgage Balance
$0Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
$280,800
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,296 /month
Positive
Cash Flow Estimate:
$432 /month

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Financing Details

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

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: Murchison

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6288 Highway 31 | Property Details | No Agent List