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Days16Days on Market
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$260,000

9729 County Road 408, Grandview, TX, 76050

On MarketInfo
Baths0 Bath
Unimproved LandUnimproved Land

Highlights

Interior

Bathrooms 0Bathrooms 0

Exterior

Lot Size11.58 acres

Land Information

APN126.4309.00090
Lot Number9
SubdivisionGatlin Acres Four W Addition
Land UseAgriculture / Farming
Legal DescriptionLOT 9 GATLIN ACRES FOUR W ADDITION
Census Tract130502
Assessed Land Value$254,716
Assessment Year2025

About this property

Escape the noise and claim your piece of the Texas countryside with this stunning 11.58-acre tract in Grandview! This isn't just a plot of land; it’s a pristine blank canvas waiting for a vision. Whether you’ve been dreaming of a sprawling private estate, a custom ranch, or a modern homestead with wide-open views, this property offers the space and freedom to make it a reality. The land itself is truly wonderful—level, open, and capturing the authentic spirit of rural Texas. It’s a rare find to secure a significant acreage of this quality in such a sought-after area. You’ll enjoy the peace and privacy that only a property of this size can provide, all while being part of the highly-rated Grandview Independent School District. Location is everything, and this property strikes the perfect balance. You get the quiet of the country without sacrificing convenience; with easy access to I-35, you can be in the DFW Metroplex or Fort Worth in under an hour! It’s the ideal setup for those who want to build a custom retreat while staying connected to city amenities. Opportunities to own a tract this size in Grandview don't come around often—bring your blueprints and come see the potential for yourself.

Investor Tools

$184,208Estimated Mortgage Balance
$70,508Estimated Equity
27% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,560 /month
Positive
Cash Flow Estimate:
$520 /month

Interested in this property?

Ryan Ebersole

Compass RE Texas, LLC.

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$141/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$419
$254,716
2025
$254,716
N/A
$254,716
No

Tax History

Year
Tax Paid
Assessed Value
2025
$419
$254,716

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Happy State Bank
Open End Mortgage / Open End With Future Advance Clause
$195,500
No
First
Mar 21, 2022
Apr 2037

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$184,208
$70,508
27%
72%
$1,188/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: Grandview

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