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$450

861 Country Spring Rd, Lorena, TX, 76655

Off MarketInfo
Baths0 Bath
Unimproved LandUnimproved Land

Highlights

Interior

Bathrooms 0Bathrooms 0

Exterior

Lot Size6.01 acres

Land Information

APN300895000002060
SubdivisionWalker J
Land UseAgriculture / Farming
Legal DescriptionWALKER J ACRES 6.01
Census Tract003801
Assessed Land Value$450
Assessment Year2025

About this property

Looking for a homesite within convenient proximity to HWY 84 and in town amenities in a highly rated school district? Everything you find either lacks privacy or the country estate setting you were hoping for? Look no further. 6 beautiful acres in Lorena ISD, this property is ready for you to begin building. Placed in a scenic and established setting with thick trees and no neighbors at the back, this lot not only has the water meter in place but a water line has already been run to the back of the lot for ideal home placement. Turn right out of your driveway and be in Woodway in 15-20 minutes, turn left and you will be at the schools in 5 or I-35 in 10. This is Lorena homesite you've been looking for!

Investor Tools

Property Icon
$450
Estimated Property Value
$129,000Estimated Mortgage Balance
$0Estimated Equity
-28567% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,710 /month
Positive
Cash Flow Estimate:
$570 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7
$450
2025
$450
N/A
$70,980
No

Tax History

Year
Tax Paid
Assessed Value
2024
$7
$450

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
First National Bank Central Texas
Purchase Money Mortgage
$129,000
No
First
May 16, 2023
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$121,904
N/A
0%
27090%
$774/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: Lorena

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861 Country Spring Rd | Property Details | No Agent List