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$822,000

7714 S Fm 51, Boyd, TX, 76023

Off MarketInfo
Baths1 Bath
Baths1,341 Sq Ft
Unimproved LandUnimproved Land
Year BuiltBuilt in 1975

Highlights

Interior

Bathrooms Full 1Bathrooms Full 1
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling

Exterior

Lot Size1.39 acres

Building Information

Year Built1975
Stories1
Roof Type158
Garage Spaces3

Land Information

APNA0841.0004.00
SubdivisionA-841 T & Prr Co
Land UseResidential
Legal DescriptionA-841 T & PRR 1.3900 ACRES
Census Tract150604
Assessed Land Value$30,502
Assessed Improvement Value$235,772
Assessment Year2025

About this property

Seize the opportunity to develop in one of North Texas’s fastest growing areas with these combined expansive 21.4-acre parcels in Boyd, TX. This prime property is ideal for builders and developers looking to capitalize on the rapid expansion of Wise County. With easy access to both FM-51 & FM-2123, a thriving community, and proximity to Springtown, Decatur, Fort Worth and the Dallas-Fort Worth metroplex, this land is a rare find in today’s market. Boyd offers the perfect blend of small-town charm and strategic location. Situated just 30 miles northwest of Fort Worth, the town provides a peaceful retreat while keeping major city conveniences within easy reach. The local economy is thriving, supported by the Boyd Municipal Development District, which actively promotes business and residential growth. With a median household income of $68,631 and a steadily increasing population, the demand for housing in Boyd is on the rise. Nearby properties on Highway 114 are already attracting high-value investments, further emphasizing the potential of this area. The property is conveniently located near essential amenities, including local parks, restaurants, and retail establishments, making it an attractive destination for future homeowners. The Boyd Independent School District, which includes recently upgraded educational facilities, ensures access to quality education, making this an excellent location for residential development. With the combination of location, economic growth, and a strong sense of community, this 21.4-acre tract presents an unparalleled development opportunity. Whether you envision a residential subdivision, a mixed-use community, or a custom home enclave, this property is the perfect canvas for your next project. Don’t miss out on this exceptional investment, contact us today to learn more! **PROFESSIONAL PHOTOS WILL COME SOON**

Investor Tools

Property Icon
$822,000
Estimated Property Value
$0Estimated Mortgage Balance
$822,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$5,610 /month
Positive
Cash Flow Estimate:
$1,870 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$380/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$449
$266,274
2025
$30,502
$235,772
$266,274
No

Tax History

Year
Tax Paid
Assessed Value
2024
$449
$266,274

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$822,000
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: Boyd

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7714 S Fm 51 | Property Details | No Agent List