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$430,120

NAL Estimated Property Value

11083 Farm Road 1502, Paris, TX, 75462

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,740 Sq Ft
FarmFarm
price_per_sqft$227.15 / sqft
Year BuiltBuilt in 1990

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 2Bathrooms 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Gas Range

Exterior

Lot Size19.36 acres

Building Information

Year Built1990
Stories1
Garage Spaces3

Land Information

APN55119
Lot Number5
SubdivisionA J White Survey
Land UseAgriculture / Farming
Legal DescriptionA1263 A J WHITE SURVEY, TRACT 5, ACRES 19.36
Census Tract000302
Assessed Land Value$191,130
Assessed Improvement Value$238,990
Assessment Year2025

About this property

Welcome to your new country getaway! Conveniently located approximately 8 miles from Paris, Texas, this 19.36-acre property offers the perfect balance of privacy and accessibility. Whether you're looking for a hobby farm, horse property, or simply room to spread out, this property is ready for country living. The land features a 1.20-acre pond, fenced horse pasture, horse barn, three storage sheds, chicken coop, attached carport, and a 720-square-foot metal shop complete with a garage door. With ample space for livestock, equipment, recreation, and storage, the possibilities are endless. The 3-bedroom, 2-bath home offers a comfortable and functional layout. The open-concept kitchen flows seamlessly into the living room, creating an inviting space for gathering and entertaining. The living room features a cozy fireplace, while the sunroom provides additional living space and direct access to the outdoors. Two bedrooms are connected by a Jack-and-Jill bathroom, and all bedrooms feature walk-in closets. A spacious utility room provides additional storage and room for a freezer. Adding even more value, numerous items convey with the property, including the Refrigerator, Dishwasher, Range, Freezer, Weber Grill, Blackstone Grill, Bradley Smoker, Kawasaki Mule, 4-Wheeler with Trailer, Bad Boy Lawn Mower, Ducks, and Chickens. Most furniture is negotiable, don't hesitate to ask! This truly is an opportunity to step into the country lifestyle with many of the essentials already in place. Schedule your showing today and experience all this unique property has to offer!

Investor Tools

Property Icon
$430,120
Estimated Property Value
$168,164Estimated Mortgage Balance
$261,956Estimated Equity
60% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,581 /month
Positive
Cash Flow Estimate:
$860 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$368/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,270
$430,120
2025
$191,130
$238,990
$430,120
No

Tax History

Year
Tax Paid
Assessed Value
2022
$2,270
$430,120

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Julia Ransom
Seller Carryback / Seller Financing / Seller Take-Back
$175,000
No
First
Apr 29, 2024
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$168,164
$261,956
60%
39%
$1,050/mo

City: Paris

11083 Farm Road 1502 | Property Details | No Agent List