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$240,000

NAL Estimated Property Value

7990 County Road 41511, Athens, TX, 75751

Off MarketInfo
Baths0 Bath
RanchRanch
Year BuiltBuilt in 2022

Highlights

Interior

Bathrooms 0Bathrooms 0

Exterior

Lot Size6.22 acres

Building Information

Year Built2022

Land Information

APN0477-0870-0000-20
SubdivisionAb 0477 S Moss Sur
Land UseFarm Or Ranch Residence
Legal DescriptionTR 87 AB 477 S MOSS SUR, TR 87
Census Tract950400
Assessed Land Value$8,634
Assessed Improvement Value$200,000
Assessment Year2025

About this property

Perfect NEW HOME BUILD SITE! Water and Electricity already established. Any house constructed must have 1400 sf of living space and 75% masonry per deed restrictions. 30X40 shop at the back of the property with electric & water too! Shop was used by previous owner as a home but violates the deed restrictions for lack of square footage & exterior masonry. There's an old corral up front, plus a storage building (chicken coop) & loafing shed in the back. The back of the property gently slopes down to a creek. The Southern and Western border of the property are lined with mature trees and foliage.

Investor Tools

Property Icon
$240,000
Estimated Property Value
$47,717Estimated Mortgage Balance
$192,283Estimated Equity
80% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,440 /month
Positive
Cash Flow Estimate:
$480 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$586/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,836
$208,634
2025
$8,634
$200,000
$300,055
Yes (2023)

Tax History

Year
Tax Paid
Assessed Value
2024
$5,836
$208,634

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Verabank Na
Open End Mortgage / Open End With Future Advance Clause
$53,600
No
First
Sep 18, 2020
Sep 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$47,717
$192,283
80%
20%
$322/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: Athens

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7990 County Road 41511 | Property Details | No Agent List