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$2,772

Farrar Rd, Palmer, TX, 75152

Off MarketInfo
Baths0 Bath
Unimproved LandUnimproved Land

Highlights

Interior

Bathrooms 0Bathrooms 0

Exterior

Lot Size14 acres

Land Information

APN99.1038.000.001.00.110
SubdivisionS A & M G R R
Land UseAgriculture / Farming
Legal Description1038 S A & MG RR CO 14.0 ACRES
Assessed Land Value$2,772
Assessment Year2025

About this property

50.94 acres in the growing town of Palmer, located off FM 813. Over 1600' of road frontage on Farrar Road. Currently ag exempt. Minutes from I-45 for an easy commute to Dallas. Consider the possibilities of a home place plus land or development opportunities.

Investor Tools

Property Icon
$2,772
Estimated Property Value
$108,300Estimated Mortgage Balance
$0Estimated Equity
-3807% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,959 /month
Positive
Cash Flow Estimate:
$1,320 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$4/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$35
$2,772
2025
$2,772
N/A
$315,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$35
$2,772

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Veterans Land Board Of The State Of Tx
Va
$108,300
Yes
First
Mar 19, 2019
Apr 2049

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$92,789
N/A
0%
3347%
$650/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: Palmer

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Farrar Rd | Property Details | No Agent List