Last 24 Hours
$648,000
NAL Estimated Property Value960 County Road 223, Florence, TX, 76527
Off Market
4 Beds
2 Bath
2,634 Sq Ft
Ranch
Built in 2021Highlights
Interior
Bedrooms 4
Bathrooms Full 2
Indoor Fireplace
Garage Available
Heating Central
CoolingExterior
Lot Size11.39 acres
Building Information
Year Built2021
Stories1
Garage Spaces2
Land Information
APNR-10-W042-3000-0037G
Land UseRural/Agricultural Residence
Legal DescriptionAW0423 AW0423 - MCOULD, J. SUR., ACRES 11.39
Census Tract020206
Assessment Year2025
About this property
Owner financing available! This is the perfect lot to build your dream home! At this price, and with the Ag exemption it's also the best deal available! 11.01 Acres with approx. 380 feet of fenced frontage (front lot line)! Buy now, build on your terms. Electricity is provided at the street. Seller is installing a new shared well. Seller will provide survey to buyer. Light deed restrictions in place to protect your investment. No mobile homes. Ag exemption in place.Restrictions: Yes
Investor Tools
$648,000
Estimated Property Value
$530,322Estimated Mortgage Balance
$117,678Estimated Equity
17% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,888 /month
Positive
Cash Flow Estimate:
$1,296 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$944/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
N/A
$553,787
2025
N/A
N/A
$1,001,900
No
Tax History
Year
Tax Paid
Assessed Value
2025
N/A
$553,787
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Denton County Mortgage Svcs Inc
Va
$488,800
Yes
First
Mar 9, 2022
Apr 2052
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$530,322
$111,678
17%
82%
$3,411/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,980/mo
$3,411/mo
$-1,431/mo
3.7%
12.4%