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$555,894

NAL Estimated Property Value

640 County Road 226, Florence, TX, 76527

Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths1,768 Sq Ft
FarmFarm
price_per_sqft$314.42 / sqft
Year BuiltBuilt in 2015

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2

Exterior

Lot Size14.99 acres

Building Information

Year Built2015
Stories1

Land Information

APNR-10-W064-6000-0020P
Land UseResidential
Legal DescriptionAW0646 AW0646 - WELLS, M.J. SUR., SERIAL BEL003514TXA, TITLE # 00588241, LABEL # NTA1676982, ACRES 14.99, MODEL
Census Tract020206
Assessed Land Value$450,000
Assessed Improvement Value$105,894
Assessment Year2025

About this property

((14.99 TOTAL ACRES IS AVAILABLE!)) Beautiful Hill Country 10 acres just walking distance to downtown Florence!!!, minutes to IH-35!!! LOCATION!!! THIS LISTING IS ONLY FOR 10 ACRES, NOT ADDITIONAL 4.99 OR MOBILE HOME WHICH CAN BE PURCHASED WITH THE 10 ACRE PARCEL ***NOTE that there is an attached "proposed survey" for the property cutting the 10 acre piece from the total 14.99 acre - AND the additional 4.99 acres CAN BE PURCHASED with the 10 acres if desired for total price of $475k!!! 4/2/2 mobile home will convey with this land if purchased - above ground pool and outbuildings also convey!!!*** 10 acres of land just outside of Florence can be subdivided to produce two 5 acre lots. Additional 4.99 acres would offer 3 lots on this property that can be income producing with 2 other homes/mobile homes on this land! (Aerial shots coming soon)

Investor Tools

Property Icon
$555,894
Estimated Property Value
$320,184Estimated Mortgage Balance
$236,728Estimated Equity
42% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,335 /month
Positive
Cash Flow Estimate:
$1,112 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$403/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,061
$555,894
2025
$450,000
$105,894
$555,894
No

Tax History

Year
Tax Paid
Assessed Value
2025
$2,061
$555,894

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Prosperity Bank
Purchase Money Mortgage
$330,000
No
First
Jul 16, 2024
Jul 2039

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$320,184
$235,710
42%
58%
$1,979/mo

City: Florence

640 County Road 226 | Property Details | No Agent List