$650,000
661 Joanna Lane, Italy, TX, 76651
On Market
Highlights
Interior
Exterior
Lot Size32.40 acres
Land Information
APN99.0191.000.118.00.107
SubdivisionJ L Cherino
Land UseAgriculture / Farming
Legal Description191 J L CHERINO 32.400 ACRES
Census Tract061000
Assessed Land Value$356,367
Assessment Year2025
About this property
+ or - 34 Acres Of Beautiful Country Land With Quick Access to I3E. This Property Has Country Living Charm With Pretty Trees, A Bridge and Running Whiterock Creek. You Will Enter The Property Through An Automated Gate. Property Already Has A Driveway and House Pad, 1 Water Meter and Is Fully Fenced with Ag Exemption. All Information Is Deemed Relieable But Not Guaranteed. Buyer and Buyer's Agent responsible for due diligence including but not limited to Taxes, ISD, Property Dimensions, etc.
Investor Tools
$0Estimated Mortgage Balance
$356,367Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,900 /month
Positive
Cash Flow Estimate:
$1,300 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$510/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,343
$356,367
2025
$356,367
N/A
$356,367
No
Tax History
Year
Tax Paid
Assessed Value
2024
$4,343
$356,367
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$356,367
100%
0%
$0/mo
