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$45,000

701 W Grove St, Terrell, TX, 75160

Off MarketInfo
Baths0 Bath
Unimproved LandUnimproved Land

Highlights

Interior

Bathrooms 0Bathrooms 0

Exterior

Lot Size3,441 sqft

Land Information

APN00.4070.0094.0001.00.06.06
SubdivisionWestern
Land UseResidential
Legal DescriptionWESTERN, BLOCK 94 PT
Census Tract050500
Assessed Land Value$36,133
Assessment Year2025

About this property

Want to build your dream home or next investment property? Here's the lot for you! Lovely corner lot with shade trees, a poured sidewalk along W. Grove Street, and tons of potential. If you're looking to build your dream home, it's blocks away from major thoroughfares, restaurants, churches and neighborhood businesses. If you're looking for an investment opportunity, there are multifamily properties in the area. Either way, the central location is key. Don't let this one get away.

Investor Tools

Property Icon
$45,000
Estimated Property Value
$0Estimated Mortgage Balance
$45,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$300 /month
Positive
Cash Flow Estimate:
$100 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$89/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$848
$36,133
2025
$36,133
N/A
$36,133
No

Tax History

Year
Tax Paid
Assessed Value
2024
$848
$36,133

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$45,000
100%
0%
$0/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: Terrell

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701 W Grove St | Property Details | No Agent List