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$86,000

NAL Estimated Property Value

8960 County Road 615, Skidmore, TX, 78389

Off MarketInfo
Baths0 Bath

Highlights

Interior

Bathrooms 0Bathrooms 0

Exterior

Lot Size2.65 acres

Land Information

APN90627
SubdivisionGaddis-Cole-Rivera
Land UseResidential
Legal DescriptionGADDIS-COLE-RIVERA TR 48A 2.65 AC FKA:52700-00000-48010-000000
Census Tract950600
Assessed Land Value$42,400
Assessment Year2025

About this property

Checkout this perfect piece of land ready for your custom home or RV! This land has brand new utilities including a water well, 1000-gallon septic tank, electricity, satellite for Wi-Fi and cable. Land is fully enclosed with fencing for added security. Lastly the land has a separate small pastor and corral for livestock, a storage shed and horse stall. NO HOA and NO Restrictions! Come checkout this land today!

Investor Tools

Property Icon
$86,000
Estimated Property Value
$228,873Estimated Mortgage Balance
$0Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$516 /month
Positive
Cash Flow Estimate:
$172 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$94/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$702
$42,400
2025
$42,400
N/A
$42,400
No

Tax History

Year
Tax Paid
Assessed Value
2025
$702
$42,400

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
21st Mortgage Corp
Purchase Money Mortgage
$232,270
No
First
Jun 25, 2025
Jul 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$228,873
N/A
0%
266%
$1,393/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: Skidmore

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8960 County Road 615 | Property Details | No Agent List