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$550,000

1148 Kentucky Town Rd, Whitewright, TX, 75491

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths2,357 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$237.17 / sqft
Year BuiltBuilt in 2024

Property Lead Type:

Off-Market ListAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 3Bathrooms Full 3
Garage AvailableGarage Available
AppliancesDishwasher, Electric Oven, Electric Range, Microwave
FlooringTile, Wood

Exterior

Lot Size1.14 acres

Building Information

Year Built2023
Garage Spaces2

Land Information

APN199 8071004
Lot Number4
SubdivisionCottages At Kentucky Town
Land UseResidential
Legal DescriptionCOTTAGES AT KENTUCKY TOWN, LOT 4, ACRES 1.137
Census Tract000102
Assessed Land Value$152,140
Assessed Improvement Value$397,860
Assessment Year2025

About this property

MOVE IN READY Watermark home, landscaping just completed. This 2,357 sq ft modern farmhouse home is filled with custom features including white oak cabinetry, beams, subway tile, board and batten, lap & shaker siding. The 3 BR 2.5 BA, amazing main suite. Family room showcases beams and vaulted ceiling, stone fireplace, custom mantle and built ins. Kitchen features huge white oak island, subway tile & pantry. Expansive covered patio with country views. Mature tree line, water meter is included. Landscaping package, interior is ready! The Cottages at Kentucky Town is a 1 Acre lot community, nestled within mature trees and country views. The land and neighboring properties are picturesque. Located within Whitewright ISD, The Cottages at Kentucky Town is located minutes from Hwy 75. Minutes to Sherman and new Texas Instruments.

Investor Tools

Property Icon
$550,000
Estimated Property Value
$441,595Estimated Mortgage Balance
$122,221Estimated Equity
20% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,354 /month
Positive
Cash Flow Estimate:
$1,118 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$722/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,916
$550,000
2025
$152,140
$397,860
$550,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,916
$550,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Pennymac Loan Services Llc
Fha
$441,595
Yes
First
Aug 9, 2024
Sep 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$427,779
$122,221
22%
78%
$2,648/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.

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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: Whitewright

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1148 Kentucky Town Rd | Property Details | No Agent List