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$325,000

1002 S Main St, Farmersville, TX, 75442

On MarketInfo
Beds1 Beds
Baths1 Bath
Baths746 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$435.66 / sqft
Year BuiltBuilt in 2015

Property Lead Type:

Absentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 1Bedrooms 1
Bathrooms Full 1Bathrooms Full 1
AppliancesElectric Range
FlooringConcrete, Vinyl

Exterior

Lot Size1.18 acres

Building Information

Year Built2015
Stories2

Land Information

APNR-10676-001-0030-1
Lot Number3
SubdivisionGraywoods Addition (Cfc)
Land UseResidential
Legal DescriptionGRAYWOODS ADDITION (CFC), BLK 1, LOT 3
Census Tract031102
Assessed Land Value$157,250
Assessed Improvement Value$121,877
Assessment Year2025

About this property

ONE HORSE ALLOWED WITH CITY PERMIT! Rare 1.18-acre flag-shaped lot in the heart of Farmersville offering privacy, versatility and prime in-town convenience. Perfect for home-based business, room to grow, live-work environment. Water, electricity, and pressurized city sewer connection installed. Heavily treed with beautiful scenery, privacy, and an array of Texas indigenous flora, this unique property offers a large buildable area, mature trees, and two attached structures, including a 630 sq ft workshop-garage with an 8' door and a two-story accessory unit. The studio features approximately 396 sq ft on the main level with a kitchenette, shower, and ample space for a living and dining area, plus a spacious 350 sq ft loft above. Built in 2015 and connected to city services, the accessory unit is not permitted as a permanent dwelling and is intended for guest use, previously serving as a weekend retreat. A backup generator is included for the workshop and accessory unit building. City-approved 3-bedroom, 2-bath home plans are available for purchase or with acceptable offer, and a previous home site remains with slab and utilities in place. A storage trailer will remain with the property. Ideal for builders, investors, or anyone seeking a private in-town homesite with room to grow and escape the hustle and bustle.

Investor Tools

$0Estimated Mortgage Balance
$342,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,052 /month
Positive
Cash Flow Estimate:
$684 /month

Interested in this property?

Korin Binder

Livv Real Estate, LLC

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$600/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,487
$279,127
2025
$157,250
$121,877
$279,127
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,487
$279,127

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$342,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,326/mo
N/A
+$1,326/mo
4.7%

Learn About the Market: Opportunity in Texas

Local Market Pages
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Explore

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.

Explore Texas Explore This Area
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: Farmersville

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1002 S Main St | Property Details | No Agent List