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$285,000

10689 Fm 1502, Blossom, TX, 75416

$370,500 ARVInfo
Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,880 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$151.6 / sqft
Year BuiltBuilt in 1992

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher
FlooringCarpet

Exterior

Lot Size2 acres

Building Information

Year Built1992
Stories1
Garage Spaces7

Land Information

APN55110
Lot Number1
SubdivisionO F Sutton Survey
Land UseResidential
Legal DescriptionA1261 O F SUTTON SURVEY, TRACT 1, ACRES 2.0, AKA/MEP & P A1261 AKA/MEP & P A1261
Census Tract000302
Assessed Land Value$38,810
Assessed Improvement Value$245,340
Assessment Year2025

About this property

IMMACULATE 2 ACRE COUNTRY SETTING ON FM 1502 WITH THE MOST IMPRESSIVE SHADE TREES. THIS BEAUTIFUL PROPERTY FEATURES A 1880 SQ FT 3 BEDROOM 2 BATH HOME WITH AN OPEN FLOOR PLAN. THE OVERSIZED LIVING ROOM BOAST A BEAMED CEILING WITH AN EXTRA ROOM OPENING WITH THE MOST CHARMING DOORS THAT COULD BE AN OFFICE. THE DINING ROOM OPENS TO A STUNNING KITCHEN WITH AN ABUNDANCE OF CABINETS AND A KITCHEN ISLAND THAT OFFERS PLENTY OF ROOM FOR THE FAMILY OR ENTERTAINING. FROM THE FARMHOUSE SINK TO MODERN LIGHTING TO THE VIEWS OF THE COUNTRY, THIS LIVING AREA IS AMAZING. PLENTY OF WINDOWS THROUGHOUT THE HOME FOR NATURAL LIGHT. GREAT CLOSETS IN ALL THE BEDROOMS. THE 2 ACRES HAS AN EXTRA 25X25 SHED FOR STORAGE PLUS THE 30X30 3 CAR CARPORT. THE BACK OF THE PROPERTY HAS A POND AND SPACE TO MAKE IT YOUR OWN. THIS HOME IS MOVE IN READY. BRING YOUR FAMILY AND ENJOY THE BEAUTY OF LIVING IN THE COUNTRY. GIVE US A CALL FOR A SHOWING.

Investor Tools

Property Icon
$294,000
Estimated Property Value
$166,000Estimated Mortgage Balance
$153,701Estimated Equity
44% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
$370,500
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,764 /month
Positive
Cash Flow Estimate:
$588 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$468/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
N/A
$284,150
2025
$38,810
$245,340
$284,150
No

Tax History

Year
Tax Paid
Assessed Value
2022
N/A
$284,150

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Navy Fcu
Va
$166,000
Yes
First
Sep 18, 2018
Oct 2048

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$140,299
$153,701
52%
48%
$996/mo

Learn About the Market: Opportunity in Texas

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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: Blossom

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10689 Fm 1502 | Property Details | No Agent List