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$299,250

NAL Estimated Property Value

TBD FM 2365, Munday, TX, 76371

Off MarketInfo
Baths0 Bath
RanchRanch

About this property

This excellent row water farm is a total of 105 acres of pristine farmland directly on the blacktop. The farm is just one mile west of US 277 on FM 2365, which makes the location and accessibility excellent. The property is currently being farmed by a local Knox County Farmer with a lease in place that could transfer to a new owner. The farm has two good wells, each approximately 50-60 feet deep. In the northeastern corner, you will find a small area of pasture that could be used for a future homestead. Electricity is available to the property. This size farm in this area of superior farmland does not become available often.

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Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,796 /month
Positive
Cash Flow Estimate:
$599 /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: Munday

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TBD FM 2365 | Property Details | No Agent List