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$349,000

NAL Estimated Property Value

6328 Fm 512 Tract 1, Wolfe City, TX, 75496

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,232 Sq Ft
price_per_sqft$316.48 / sqft
Year BuiltBuilt in 2011

Property Lead Type:

BankruptcyPre-ForeclosureAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
AppliancesDishwasher, Electric Range

Exterior

Lot Size18.93 acres

Building Information

Year Built2011
Stories1
Garage Spaces2

Land Information

APN0116-0010-0010-30
SubdivisionBagley G W (Bagby)
Land UseResidential
Legal DescriptionA0116 BAGLEY G W (BAGBY),TRACT 1-1, ACRES 18.925
Census Tract960100
Assessed Land Value$17,640
Assessed Improvement Value$95,810
Assessment Year2025

About this property

Amazing Remodeled Mobile Home on Nearly 19 Acres of AG-Exempt Cultivated Land! Nestled in a prime location between Greenville & Bonham, this property offers the best of both worlds—peaceful country living with the convenience of nearby amenities. The 2008 remodeled 3-bed, 2-bath mobile home features: Fresh paint inside and out, Granite countertops & stainless steel appliances, and a charming porch—perfect for enjoying stunning Texas sunsets Additional Features: 24’x24’ shed for storage or workspace Storm shelter for added safety 50' cable tower, ensuring strong connectivity Convenient road frontage on FM 512 for easy access Located near Texas A&M, this property is an ideal opportunity for agricultural investors. Plus, enjoy easy access to Bois D’Arc Lake and the future Ralph Hall Lake, just a few miles away at full capacity. A haven for wildlife, this land is frequently visited by deer, hogs, and other game, making it perfect for hunting or nature enthusiasts. Water service is provided by North Hunt Special Utility District. This property also offers the perfect opportunity to build your dream home for you and your entire family. Whether you're looking to farm, create a weekend retreat, or invest in a peaceful slice of Texas countryside, the possibilities are endless.

Investor Tools

Property Icon
$349,000
Estimated Property Value
$247,307Estimated Mortgage Balance
$101,693Estimated Equity
29% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,339 /month
Positive
Cash Flow Estimate:
$780 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$145/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
N/A
$113,450
2025
$17,640
$95,810
$347,940
No

Tax History

Year
Tax Paid
Assessed Value
2024
N/A
$113,450

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
First National Bank Of America
Conventional
$250,600
No
First
Aug 22, 2025
Sep 2045

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$247,307
$101,693
29%
71%
$1,503/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: Wolfe City

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6328 Fm 512 Tract 1 | Property Details | No Agent List