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$219,000

NAL Estimated Property Value

TBD FM 197, Arthur City, TX, 75411

Off MarketInfo
Baths0 Bath
RanchRanch

About this property

Beautiful and versatile 26-acre tract located in northern Lamar County, offering a rare combination of accessibility, natural beauty, and development potential. This property features approximately 500 feet of road frontage on FM 197, plus an additional 700 feet of access at the north end, allowing for multiple entry points or development flexibility. The land includes over 5 acres of mixed open space, ideal for homesite options, surrounded by wooded acreage offering abundant wildlife, a seasonal creek, and potential for recreational hunting, trail systems, or even pond development. No known restrictions and no flood plain, making this a truly flexible opportunity for residential, recreational, or agricultural use. Utilities are already in place, with electricity on-site and water access available. A 24x36 metal barn equipped with power and lighting provides excellent storage or workshop space. Additional improvements include 2 fenced livestock stalls, a large fenced corral, arena, and pipe fencing, making it livestock-ready. Located just minutes from Pat Mayse Lake and within easy reach of Paris, TX, as well as Grant and Hugo, OK, this property offers the perfect balance of rural privacy and convenient access to local amenities.Ideal for a primary residence, recreational retreat, or multi-home development. Don't miss this rare opportunity in one of Lamar County’s most desirable areas.

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Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,314 /month
Positive
Cash Flow Estimate:
$438 /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: Arthur City

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TBD FM 197 | Property Details | No Agent List