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$405,000

TBD 45 County Road 309, Tye, TX, 79563

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Baths0 Bath

About this property

45-acre property located just outside the city limits of Tye, Texas. 1600 feet of paved road frontage on County Road 324 and 1300 feet on County Road 309, making it an ideal location for a variety of uses. Sun Mountain Water district provides water supply to the property, Mekerl Independent School district. The property carries an agriculture exemption. taxes for 2024 were $150. A local farmer leases 20 acres of the property for winter wheat production, while the remaining 25 acres are in native pasture. The Southwest corner of the property has several giant mature hardwoods and mesquite trees. Two beautiful stock tanks situated on the Eastern side. While the seller reserves 100% of the owned mineral estate, an easement is in place for a producing oil well and tank batteries on the property. The broker's notes confirm that this should not impede the development of the property into lots, especially along County Road 324 and County Road 309. Possible Highest and best use is RV park, Mobile home park, Housing Developement. Buyer to verify water meter availability from Sun Mountain Water Supply.

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Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,430 /month
Positive
Cash Flow Estimate:
$810 /month

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Financing Details

Estimated Taxes & Insurance
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$X/month
No HOA
5.947%

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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: Tye

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TBD 45 County Road 309 | Property Details | No Agent List