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$355,000

NAL Estimated Property Value

776 Mardell Ln, Howe, TX, 75459

Off MarketInfo
Baths2 Bath
Baths1,464 Sq Ft
Year BuiltBuilt in 1992

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central

Exterior

Lot Size63.83 acres

Building Information

Year Built1992
Roof Type109
Garage Spaces3

Land Information

APN240 0206060
SubdivisionClark Alfred A-G0206
Land UseResidential
Legal DescriptionG-0206 CLARK ALFRED A-G0206, ACRES 63.83
Census Tract001801
Assessed Land Value$27,555
Assessed Improvement Value$251,524
Assessment Year2025

About this property

Located just outside the city, this expansive 68-acre property offers a perfect blend of country living with close access to major highways and key technological hubs. Situated near GlobiTech and Texas Instruments semiconductor development sites, this land provides an incredible opportunity for future growth and investment in one of the most rapidly developing areas. With an agricultural exemption in place, the land offers substantial tax savings, making it a savvy choice for agricultural endeavors or long-term holding. The terrain is mostly flat and offers excellent potential for farming, ranching, or even custom development. This parcel is two different tracts. ID 130640 (63.83 acres) and ID 130659 (3 acres). Additional 2 acre tract available as well, MLS#2083091

Investor Tools

Property Icon
$355,000
Estimated Property Value
$0Estimated Mortgage Balance
$355,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$14,034 /month
Positive
Cash Flow Estimate:
$4,678 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$442/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,525
$279,079
2025
$27,555
$251,524
$2,492,225
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,525
$279,079

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$355,000
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: Howe

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776 Mardell Ln | Property Details | No Agent List