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$899,000

7703 FM 21 Road, Mount Vernon, TX, 75457

On MarketInfo
Baths0 Bath
Baths2,023 Sq Ft
RanchRanch

Highlights

Interior

Bathrooms 0Bathrooms 0

Exterior

Exterior FeaturesPrivate Entrance, Storage
Lot Size1 acre

Building Information

Year Built1975

Land Information

APN00910-00000-00071-000000
Land UseAgriculture / Farming
Legal DescriptionAB 289 J LOWE
Census Tract950101
Assessment Year2025

About this property

UNRESTRICTED 76 PRIME AG EXEMPTED ACRES - STUNNING HIGH-ELEVATION VANTAGE POINT - INVESTMENT OR ESTATE POTENTIAL -TIMBER AND PRIVACY. Experience breathtaking panoramic views from one of Franklin County’s most prominent high points. This expansive tract features a beautiful blend of towering trees and mixed hardwoods, offering the ultimate top of the world feel with the natural seclusion of a deep-woods retreat. ACCESSIBILITY AND SECLUSION - Perfectly balanced location—enjoy direct main road access with over 1,330 linear feet of FM road frontage while maintaining total interior privacy. Now, add 3 beautiful ponds! The property is development-ready with a reinforced white rock interior road, on-site electricity, and water already in place. IMPROVEMENTS - Includes a substantial metal workshop-barn, multi-vehicle covered parking, and a versatile outbuilding with potential living quarters (needs updates)—ideal for a weekend cabin or a temporary residence while you build your dream legacy estate. PRIME LAKE-CORRIDOR LOCATION - Located in the heart of the recreational district, just minutes from Lake Cypress Springs and Lake Bob Sandlin. Quick access to world-class fishing, boating, and Bob Sandlin State Park. Centrally positioned near Mt. Vernon and Mt. Pleasant for the perfect blend of rural serenity and modern convenience. No restrictions. Ag-capable. Whether you are seeking a private ranch, a recreational haven, or a subdivision opportunity, this high-point gem is a must-see!

Investor Tools

Property Icon
$6,130
Estimated Property Value
$0Estimated Mortgage Balance
$6,130Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$5,394 /month
Positive
Cash Flow Estimate:
$1,798 /month

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LeeAnn Sears

Sears Realty Group powered by NB Elite Realty

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$9/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$79
$6,130
2025
N/A
N/A
$12,500
No

Tax History

Year
Tax Paid
Assessed Value
2025
$79
$6,130

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$6,130
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: Mount Vernon

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7703 FM 21 Road | Property Details | No Agent List