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$120,000

NAL Estimated Property Value

TBD 515 Lum Road Road, Kendleton, TX, 77417

Off MarketInfo
Baths0 Bath

About this property

This nice property sits on 2 acres on a quiet road, yet still close to US-59. Lot is cleared and ready to build your new home in the city of Kendleton. Great for farm animals or just to build your peaceful country home. Property's legal description is 2.5 acres, however seller is only selling 2 acres of this property. Any interested buyer must pay for a replat to separate the 2 acres, already approved by the city of Kendleton. Agent has a surveyor that has measured out the lots ready for the buyer. By appointment only. There is no entry through Lum Road. You will find property off of Wright Road. Gate is electric, please do not attempt to open. See driving directions for specific details. Please call Jennifer Hernandez for an appointment or call your own agent.

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Rent-to-Value Ratio: 0.72%
Rent Estimate
$720 /month
Positive
Cash Flow Estimate:
$240 /month

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Financing Details

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

Learn About the Market: Opportunity in Texas

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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: Kendleton

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TBD 515 Lum Road Road | Property Details | No Agent List