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$1,790,000

TBD Joe Bob Lane, Tom Bean, TX, 75090

On MarketInfo
Baths0 Bath
Unimproved LandUnimproved Land

About this property

Outstanding opportunity to acquire 36.30 acres within the city limits of Tom Bean. Water and sewer services are available in close proximity to the site, which is located less than half a mile from Tom Bean High School. The acreage has the potential to be subdivided into larger lots for residential development or can be maintained under the current agricultural assessment, benefiting from a favorable tax rate. The property is zoned SF-E and is situated within city limits. Excellent for long-term investment or development, This property is bordered by two roads, providing approximately 1,565 feet of frontage along FM 902 and an additional 990 feet along Joe Bob Ln. The land is positioned just south of Hwy 11 and is conveniently a 10-minute drive from Hwy 75, 7 miles from HWY 75. Currently, the property is zoned as SF-E (single family estates). The topography is gentle, and according to FEMA maps, there is no floodplain on the property. A recent survey is available. SURVEY IS ATTACHED IN THE TRANSACTION DESK

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Rent-to-Value Ratio: 0.72%
Rent Estimate
$10,740 /month
Positive
Cash Flow Estimate:
$3,580 /month

Interested in this property?

Syed Ahmed

DHS Realty

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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: Tom Bean

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TBD Joe Bob Lane | Property Details | No Agent List