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$950

7897 County Road 3223, Lone Oak, TX, 75453

Off MarketInfo
Baths0 Bath
Unimproved LandUnimproved Land

Highlights

Interior

Bathrooms 0Bathrooms 0

Exterior

Lot Size11.25 acres

Land Information

APN0796-0010-0000-50
SubdivisionNewsom Julius L
Land UseAll Agricultural Land Accounts
Legal DescriptionA0796 NEWSOM JULIUS L,TRACT 1, ACRES 11.25
Census Tract960700
Assessed Land Value$950
Assessment Year2025

About this property

Discover the potential of this rare gem in the highly acclaimed & sought after Lone Oak Independent School District. This 11+ acre property offers a tranquil escape with the convenience of over 500ft of county road frontage amidst a serene and private setting that is ideal for building your dream home, nurturing fertile farmland, or creating a rural retreat. No known restrictions!! With the agricultural (AG) exemption, the property taxes are incredibly low, currently under $25 a year! Bring your farm animals and homesteading plans here. The seller has paid $6000 to have a water meter placed on the property & electric is available. Don't miss this opportunity to own a piece of the countryside outside the city limits but also not too far from town. The land is fenced, providing a clear boundary and added security. This property is less than half hour to Greenville, & 1 hour to Downtown Dallas. Recreation and shopping is just a short drive. Take the boat out for a cruise on Lake Tawakoni just miles away, or even Lake Fork. Better yet, just fish in the tranquility of your own pond! With ample space for a variety of pursuits, this versatile piece of land promises endless potential in a prime rural setting.

Investor Tools

Property Icon
$950
Estimated Property Value
$0Estimated Mortgage Balance
$950Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,455 /month
Positive
Cash Flow Estimate:
$485 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$2/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$15
$950
2025
$950
N/A
$196,880
No

Tax History

Year
Tax Paid
Assessed Value
2024
$15
$950

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$950
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: Lone Oak

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7897 County Road 3223 | Property Details | No Agent List