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$350,000

703 E White St, Anna, TX, 75409

Off MarketInfo
Baths0 Bath
Baths1,313 Sq Ft
Unimproved LandUnimproved Land
Year BuiltBuilt in 1966

Highlights

Interior

Bathrooms 0Bathrooms 0
Garage AvailableGarage Available

Exterior

Lot Size17,598 sqft

Building Information

Year Built1966
Stories1
Garage Spaces2

Land Information

APNR-6559-002-0710-1
Lot Number71
SubdivisionGuinn Morrison Survey
Land UseResidential
Legal DescriptionABS A0559 GUINN MORRISON SURVEY, SHEET 2, TRACT 71, .404 ACRES
Census Tract030207
Assessed Land Value$10,908
Assessed Improvement Value$117,767
Assessment Year2024

About this property

Discover an exceptional investment opportunity with approximately 4.18 acres of commercial land in a highly sought-after location in Anna, Texas. Situated on White Street, this property offers unmatched convenience, being just 5 minutes from Walmart and US-75, making it an ideal spot for future growth. The property includes a 1,313 sq. ft. home, which is in decent condition and currently rented out to a tenant. The lease will be transferred to the new owner. However, the value of this property lies in the land, not the house. City-Approved Concept Plan: A thoughtfully designed concept plan featuring over 42,000 sq. ft. of commercial space has been approved by the City of Anna. The plan accommodates Restaurants, Retail, and Office Spaces, ensuring a vibrant, multi-purpose development. Residential Growth: Located directly across the street, Leonard Trails, a new single-family home community with approximately 500 homes, is under development. Massive Regional Development: The area is set to boom with a significant development spanning 1,100+ acres planned along East White Street. Infrastructure Upgrades: A four-lane road has already been approved for White Street, enhancing accessibility and ensuring excellent traffic flow to the property. Pre-Construction Advantage: The seller is offering to share all pre-construction work and resources with the new owner, streamlining the path to development. The Future Land Use Plan identifies this property as Downtown. Within the Downtown Master Plan, it is classified as Transitional Development, allowing for commercial construction in accordance with the city's zoning ordinance. Being part of Anna's Downtown Jurisdiction, the property comes with added construction benefits, making it even more attractive for developers. This prime parcel of land is perfectly positioned to capitalize on Anna’s rapid growth and increasing demand for commercial spaces. Don’t miss the chance to be part of this thriving community’s expansion.

Investor Tools

Property Icon
$350,000
Estimated Property Value
$0Estimated Mortgage Balance
$350,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$8,700 /month
Positive
Cash Flow Estimate:
$2,900 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$374/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,738
$128,675
2024
$10,908
$117,767
$128,675
No

Tax History

Year
Tax Paid
Assessed Value
2023
$2,738
$128,675

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$350,000
100%
0%
$0/mo

Learn About the Market: Opportunity in Texas

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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: Anna

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703 E White St | Property Details | No Agent List