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$395,000

NAL Estimated Property Value

TBD Fm 409, Monkstown, TX, 75446

Off MarketInfo
Baths0 Bath
Unimproved LandUnimproved Land

About this property

Unspoiled WOODED 27.89 acres with PAVED road frontage is just 2.5 miles north of the new Bois d'Arc Lake and even closer to Coffee Mill Lake and Davy Crockett Lake to its southwest and southeast. This property takes in a part of Bois d'Arc Creek on its northwest and is bounded by Caddo National Grassland forest on its western and northern boundaries. Wildlife and recreational activites abound in this special area of north Texas less than 60 miles from McKinney and Prosper - soon to be north Texas's premier natural playground destination! Wildlfe includes Whitetail deer and Eastern Turkey as well as other small game species. Some FEMA flood area on the northwest and west portions of the property.

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Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,370 /month
Positive
Cash Flow Estimate:
$790 /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: Monkstown

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TBD Fm 409 | Property Details | No Agent List