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$575,000

$589,000

1088 Stephen Ct Ste Phen, Farmersville, TX, 75442

On MarketInfo
Price DropInfo
Beds3 Beds
Baths3 Bath
Baths2,922 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$196.78 / sqft
Year BuiltBuilt in 2015

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2.5Bathrooms Full 2.5
AppliancesBuilt-In Gas Range, Dishwasher, Disposal, Gas Range, Wine Cooler
FlooringCarpet, Ceramic Tile, Concrete

Exterior

Lot Size1 acre

Building Information

Year Built2015
Stories1
Garage Spaces3

Land Information

APNR-9113-000-0200-1
Lot Number20
SubdivisionBrittanys Creek
Land UseResidential
Legal DescriptionBRITTANYS CREEK, LOT 20
Census Tract031101
Assessed Land Value$138,000
Assessed Improvement Value$466,000
Assessment Year2025

About this property

Welcome to refined country luxury in the heart of Farmersville, where sophisticated design, exceptional amenities, and expansive Texas living come together on a pristine one acre estate. Spanning 2,922 square feet, this distinguished residence offers 3 spacious bedrooms and 2.5 baths, thoughtfully designed for elevated everyday living and effortless entertaining. Inside, luxury meets warmth and functionality. The inviting living room is anchored by a stunning gas fireplace, while a formal dining room is perfect for memorable dinners. The beautifully appointed kitchen features premium appliances, a luxury oversized wine and beverage refrigerator, built in ice maker, and charming breakfast nook. Designed with versatility in mind, the home features two dedicated office spaces, an expansive game media room, and a separate craft room offering additional flex space. The primary suite adds another touch of luxury with heated bathroom floors for a spa like experience. This property is exceptionally equipped for efficiency, preparedness, and peace of mind with owned solar panels, a whole-house Generac generator supported by a buried 500 gallon propane tank, whole-house central vacuum system, fire foam suppression system, septic system, and reinforced safe room tornado shelter. Outdoor living is equally impressive. The covered back porch features a second gas fireplace, creating the perfect year round setting for relaxing or entertaining beneath the Texas sky. Situated on a full acre, the property offers space and privacy, while the three car garage provides ample room for vehicles, storage, and hobbies. More than a home, this executive-style country estate combines luxury, comfort, efficiency, and exceptional amenities into one remarkable property.

Investor Tools

$525,508Estimated Mortgage Balance
$81,368Estimated Equity
18% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,624 /month
Positive
Cash Flow Estimate:
$1,208 /month

Interested in this property?

Meagan Vann

Exit Realty Pro

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$822/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,840
$604,000
2025
$138,000
$466,000
$604,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,840
$604,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Guardian Mortgage Co Inc
Conventional
$567,000
No
First
Jun 27, 2022
Jul 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$525,508
$117,492
18%
87%
$3,400/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,972/mo
$3,400/mo
$-1,428/mo
3.9%

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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1088 Stephen Ct Ste Phen | Property Details | No Agent List