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$465,000

10566 County Road 2462, Terrell, TX, 75160

$604,500 ARVInfo
Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths3,011 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$154.43 / sqft
Year BuiltBuilt in 1987

Property Lead Type:

Off-Market ListARV FlipAbsentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Gas Range
FlooringCarpet, Ceramic Tile

Exterior

Lot Size5 acres

Building Information

Year Built1987
Stories2
Roof Type105
Garage Spaces3

Land Information

APN3111-0000-0800-89
Lot Number80
SubdivisionGrande Verde Ii
Land UseResidential
Legal DescriptionS3111 GRANDE VERDE II LOT 80 ACRES 5.0
Census Tract961501
Assessed Land Value$237,500
Assessed Improvement Value$250,530
Assessment Year2025

About this property

***NEW YEAR, NEW HOME*** Welcome home to your very own farmhouse log cabin. Uniquely designed as a farmhouse on the outside and a log cabin on the inside. As you walk up to the wide-covered front porch, you'll just want to take a seat on the bench and just breathe in all the fresh air. Once inside, you'll notice how open the home is and how much space it has. Beautiful stained wood beams and tons of wood paneling permeate throughout the home. This home has an additional bonus space towards the back you can utilize as guest quarters when the family is in town with its own private full bath. Horses used to be kept in the barn on the property by the previous owners. There is no HOA so there is tons of potential to add to this large acreage. Located on a quiet road with neighbors that all look out for one another. No need to look any further because they may still be building houses but they aren't creating any more land. Bring your imagination and make both this home and acreage your own.

Investor Tools

Property Icon
$581,000
Estimated Property Value
$427,500Estimated Mortgage Balance
$179,107Estimated Equity
26% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
$604,500
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,486 /month
Positive
Cash Flow Estimate:
$1,162 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$479/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,838
$488,030
2025
$237,500
$250,530
$488,030
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,838
$488,030

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
United Wholesale Mortgage
Conventional
$427,500
No
First
Feb 24, 2023
Mar 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$401,893
$179,107
30%
69%
$2,564/mo

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: Terrell

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10566 County Road 2462 | Property Details | No Agent List