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$79,000

8051 Fm 1068, Mathis, TX, 78368

On MarketInfo
Baths0 Bath

Highlights

Interior

Bathrooms 0Bathrooms 0

Exterior

Lot Size5 acres

Land Information

APN0215-0000-0033-000
Lot Number33
SubdivisionEast Lake Ranch Tracts
Land UseAgriculture / Farming
Legal DescriptionEAST LAKE RANCH TRACTS LOT 33
Census Tract011200
Assessed Land Value$65,600
Assessment Year2025

About this property

5 acres of unrestricted grass land with water available, ready for you to build your dream home or move in your mobile home. Just a short distance away from Lake Corpus Christi and a short drive to Corpus Christi or San Antonio

Investor Tools

$8,158Estimated Mortgage Balance
$57,442Estimated Equity
87% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$474 /month
Positive
Cash Flow Estimate:
$158 /month

Interested in this property?

Richard Hernandez

United Country RE

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$58/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$369
$65,600
2025
$65,600
N/A
$65,600
No

Tax History

Year
Tax Paid
Assessed Value
2023
$369
$65,600

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
First National Acceptance Co
Unknown
$13,928
No
First
Jun 17, 2009
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$8,158
$57,442
87%
12%
$84/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.

Explore Texas Explore This Area
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: Mathis

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