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$119,900

18658 Allen Ranch Rd, Eustace, TX, 75124

$155,870 ARVInfo
On MarketInfo
Just AddedInfo
Beds— Beds
Baths2 Bath
Baths1,344 Sq Ft
Year BuiltBuilt in 1988

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms —Bedrooms —
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace

Exterior

Lot Size2.89 acres

Building Information

Year Built1988
Roof Type105

Land Information

APN2017-0000-0700-50
Lot Number70
SubdivisionAllen Ranch (77)
Land UseResidential
Legal DescriptionAB 59 J P BROWN SUR, ALLEN RANCH SUBD, LT 70, (VLB #571-126905)
Census Tract950905
Assessed Land Value$46,176
Assessed Improvement Value$78,081
Assessment Year2025

About this property

Over 5 acres near Cedar Creek Lake! If you’ve been searching for land with space, road access, and existing utility infrastructure, this Allen Ranch property deserves a closer look. Relaxed restrictions for site built homes and mobile or manufactured housing friendly and allowed! Offered together as 5.47 acres, the two adjoining tracts each have their own legal access from Allen Ranch Road and offer roughly 450 feet of road frontage. Recent land clearing and cleaning have been done! Mowed open areas and established trees make it easier to walk the land and appreciate its size and layout. There’s room to spread out and enjoy the East Texas setting while being near the lake. The two-tract layout gives this offering a character and flexibility you don’t get from a single small lot. An older home remains on one tract and is included as-is, with no value given to the structure. The property has access to water and electricity, along with an existing septic system on-site. The land is the main attraction, but that existing infrastructure is worth seeing as you consider what you want to do with the acreage. No HOA. More than five acres, substantial road frontage, separate legal access for each tract, and a location near Cedar Creek Lake. An additional 4 plus acres is available as well reach out for details! Come walk the property and see it for yourself!

Investor Tools

$0Estimated Mortgage Balance
$233,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
$155,870
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,398 /month
Positive
Cash Flow Estimate:
$466 /month

Interested in this property?

Stone Huffman

Coldwell Banker American Dream

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$117/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$234
$84,665
2025
$46,176
$78,081
$124,257
No

Tax History

Year
Tax Paid
Assessed Value
2025
$234
$84,665

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$233,000
100%
0%
$0/mo

City: Eustace