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$600,000

TBD Fannin Street, Rice, TX, 75155

On MarketInfo
Baths0 Bath

About this property

Residential development opportunity approximately 45 minutes south of Dallas! This 18.953± acre residential land tract in Rice, Texas offers builders, developers and investors an opportunity to create a new residential subdivision in Navarro County near the I-45 corridor. The property has over 700 feet of road frontage on Fannin Street and more than 1,100 feet of depth. Its large, mostly rectangular shape provides plenty of room to explore a future new-home community, residential subdivision or builder development. Located in Rice, TX, between the Dallas area and Corsicana, the property offers buyers the opportunity to live outside the city while remaining within commuting distance of Dallas. City guidelines provide standards for residential lots, streets, drainage, water, sewer and the subdivision process. Nearly 19 acres of residential land with strong road frontage and development potential in the growing I-45 corridor of North Texas. Survey and development information available. Buyer to verify zoning, homesite count, utilities and capacity, drainage, easements and all development requirements with the City of Rice.

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$0Estimated Mortgage Balance
$0Estimated Equity
0% equity
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Estimated ARV (After-Repair Value)
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Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,600 /month
Positive
Cash Flow Estimate:
$1,200 /month

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John Williams

Elevation Realty Group Inc

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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: Rice

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