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$370,500

NAL Estimated Property Value

Tract 1 Fm-697 Highway, Whitewright, TX, 75491

Off MarketInfo
Baths0 Bath

About this property

Looking for that small ag exempt acreage that is in the country, but close to town. Look no further than this 13-acre tract that is less than 10 minutes from Sherman and 30 minutes to McKinney along with FM 697 Hwy. frontage for easy on-off access. this is a perfect spot to build that home out in the wide-open spaces that you've been dreaming of or, just enjoy as a weekend retreat. Water and Electricity are present at the hwy. This is tract 1 that will be cut out of a larger 26-acre tract, or the buyer can choose to purchase the entire 26 acres as well.

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0% equity
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Estimated ARV (After-Repair Value)
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Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,223 /month
Positive
Cash Flow Estimate:
$741 /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: Whitewright

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