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$549,990

$595,000

111 Mustang, Graham, TX, 76450

On MarketInfo
Price DropInfo
Beds3 Beds
Baths3 Bath
Baths3,251 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$169.18 / sqft
Year BuiltBuilt in 1985

Property Lead Type:

Must-SellHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 3Bathrooms 3
AppliancesTrash Compactor, Dishwasher, Disposal, Electric Range, Ice Maker, Microwave, Double Oven, Warming Drawer
FlooringHardwood

Exterior

Private PoolPrivate Pool
Exterior FeaturesAwning(s), Rain Gutters, Private Yard
Lot Size23,392 sqft

Building Information

Year Built1985
Garage Spaces2

Land Information

APN13589
Lot Number45,46
Land UseResidential
Legal DescriptionALTA VISTA - LOTS 45-46
Census Tract950402
Assessed Land Value$26,850
Assessed Improvement Value$313,660
Assessment Year2025

About this property

Perched atop iconic Spivey Hill, this distinctive home captures breathtaking sunset views and offers a versatile 3–4-bedroom floorplan designed for comfortable living and effortless entertaining. Rich hardwood floors, custom cabinetry, and detailed wood trim create warmth and character throughout multiple living spaces. The thoughtfully updated kitchen features KitchenAid appliances and opens seamlessly to a bright sunroom wrapped in windows, filling the home with natural light while overlooking the sparkling pool and double lot. Just beyond, a spacious game room or den provides flexible living space with relaxing pool views. Fresh interior paint enhances the light, airy feel throughout the home. The oversized primary suite includes an exceptional dressing room with custom cabinetry and vanity, a rare and luxurious feature. Two front bathrooms have been recently renovated, and the pool was resurfaced in 2022. Additional highlights include a Class 4 roof, five covered parking spaces, and a quiet cul-de-sac location in one of Graham’s most desirable neighborhoods.

Investor Tools

Property Icon
$589,000
Estimated Property Value
$0Estimated Mortgage Balance
$356,719Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,534 /month
Positive
Cash Flow Estimate:
$1,178 /month

Interested in this property?

Kandy Maberry

Briggs Freeman Sotheby's Int'l

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$850/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,254
$340,510
2025
$26,850
$313,660
$340,510
No

Tax History

Year
Tax Paid
Assessed Value
2022
$7,254
$340,510

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Prosperity Bank
Conventional
$252,000
No
First
Apr 8, 2022
May 2037

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$232,281
$356,719
60%
39%
$1,511/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: Graham

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111 Mustang | Property Details | No Agent List