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$42,500

TBD Hovey Street, Chico, TX, 76431

On MarketInfo
Baths0 Bath
Unimproved LandUnimproved Land

About this property

Build your dream home on this approximately 0.51-acre lot located in Chico, offering a convenient in-town setting with mature trees and existing fencing. This property provides a great balance of space, privacy, and accessibility. The lot is fenced and features mature trees, creating a shaded, established feel that’s ideal for a custom home or future plans. Conveniently located near schools, churches, and local dining, this property offers everyday accessibility while still providing room to create your own vision. This parcel may be purchased individually or in combination with the adjoining home and shop property, offering flexibility for buyers looking to expand, invest, or build alongside existing improvements. Whether you’re ready to build now or hold for the future, this lot presents a versatile opportunity in a desirable Chico location.

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Rent-to-Value Ratio: 0.72%
Rent Estimate
$300 /month
Positive
Cash Flow Estimate:
$100 /month

Interested in this property?

Kelli Boyd

eXp Realty, LLC

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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: Chico

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TBD Hovey Street | Property Details | No Agent List