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$622,130

NAL Estimated Property Value

1125 County Road 2670, Telephone, TX, 75488

Off MarketInfo
Beds— Beds
Baths3 Bath
Baths1,876 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$474.87 / sqft
Year BuiltBuilt in 1950

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms —Bedrooms —
Bathrooms 3Bathrooms 3
AppliancesNone

Exterior

Lot Size5.94 acres

Land Information

APN82622
Land UseResidential
Legal DescriptionA0960 W REEDER, ACRES 5.94
Census Tract950800
Assessed Land Value$622,130
Assessment Year2025

About this property

North Texas Municipal Water District has approved a boat dock to be added to this shore line of this 5.939 acres. New survey confirms 5.939 acres. This acreage is at the end of the road w land facing the Bois d'Arc Creek Reservoir & cove on the East & South side of the property that is overlooking the lake. North Texas Municipal Water District can approve a 5 year lease for your plans to use their Easement between you & the lake for your recreational activities. The property has a water meter, electric meter, Propane Tank & an electrical connection to a travel trailer or motor home. The house remolding is down to the studs inside and is not tied to the foundation. There are 2'x2' concrete beams with extra rebar under the house. Currently it is sitting on blocks, it is a 3 bed 1 bath structure. New survey is available. Bring your plans to make this your dreams come true. THE PROPERTY WILL BE SOLD AS IS, and the seller will not make any improvements. Enter this Property at your own risk.

Investor Tools

Property Icon
$622,130
Estimated Property Value
$386,247Estimated Mortgage Balance
$235,883Estimated Equity
37% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$5,345 /month
Positive
Cash Flow Estimate:
$1,782 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$788/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,346
$622,130
2025
$622,130
N/A
$622,130
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,346
$622,130

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Midfirst Bank
Commercial
$400,000
No
First
Jun 7, 2024
Jun 2026

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$386,247
$235,883
37%
62%
$2,399/mo

City: Telephone

1125 County Road 2670 | Property Details | No Agent List