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$2,209,851

NAL Estimated Property Value

6955 S Fm 51, Boyd, TX, 76023

Off MarketInfo
Beds— Beds
Baths— Bath
Baths600 Sq Ft
RanchRanch
Year BuiltBuilt in 1990

Highlights

Interior

Bedrooms —Bedrooms —
Bathrooms —Bathrooms —
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling

Exterior

Exterior FeaturesBalcony, Dog Run, Rain Gutters, Lighting, Other, Storage
Lot Size20.77 acres

Building Information

Year Built1990
Roof Type112
Garage Spaces1

Land Information

APNA1182.0304.01
SubdivisionA-1182 Van Zandt Csl
Land UseCommercial
Legal DescriptionBLK: 9496-9799-100 20.7730 ACRES
Census Tract150403
Assessed Land Value$383,497
Assessed Improvement Value$1,826,354
Assessment Year2025

About this property

Salt Creek is a family owned and operated income producing ranch located in the heart of North Texas on 20.79 acres. 12 miles south of Decatur, road frontage on FM 51 and quick access to Hwy 114 and Hwy 287 and only 30mins from DFW. Salt Creek accommodates everything from travelers, rodeo events, weddings to corporate events. Enter through the large automatic gate into an incredible layout of private office suites, kitchen, barns, arenas, with views from the top of the hill.

Investor Tools

Property Icon
$2,209,851
Estimated Property Value
$1,087,475Estimated Mortgage Balance
$1,122,376Estimated Equity
50% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$13,259 /month
Positive
Cash Flow Estimate:
$4,420 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$3,678/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$33,090
$2,209,851
2025
$383,497
$1,826,354
$2,209,851
No

Tax History

Year
Tax Paid
Assessed Value
2024
$33,090
$2,209,851

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
First Financial Bank Na
Purchase Money Mortgage
$1,200,000
No
First
Jun 15, 2021
Jun 2031

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$1,087,475
$1,122,376
50%
49%
$7,195/mo

City: Boyd

6955 S Fm 51 | Property Details | No Agent List