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$575,000

11555 Plainview Rd, Krum, TX, 76249

$608,894 ARVInfo
On MarketInfo
Just AddedInfo
Beds4 Beds
Baths2 Bath
Baths2,228 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$258.08 / sqft
Year BuiltBuilt in 1999

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Dryer, Electric Range, Electric Water Heater, Washer
FlooringCarpet, Slate, Vinyl

Exterior

Exterior FeaturesCovered Courtyard
Lot Size2.99 acres

Building Information

Year Built1999
Stories1
Roof Type105
Garage Spaces2

Land Information

APNR200560
Lot Number1
SubdivisionCreekwood Est
Land UseResidential
Legal DescriptionCREEKWOOD EST BLK 1 LOT 1
Census Tract020206
Assessed Land Value$161,186
Assessed Improvement Value$297,318
Assessment Year2025

About this property

Looking for a little more room, a little more freedom, and a place you can truly make your own? Sitting on almost 3 acres, this Krum property offers the space and flexibility of country living with many of the major improvements already taken care of! The versatile floor plan offers 4 bedrooms, or 3 bedrooms plus a dedicated office, 2 full baths, and TWO generous living spaces that can easily change with the way you live. Create a second living room, formal dining area, game room, homeschool space, or whatever works for you. The open-concept layout and charming wood-burning stove give the home a warm, comfortable feel, while there's still plenty of opportunity to add your own style and personality. Even better, many of the big-ticket items have already been addressed, including a roof approximately 2 years old, newer HVAC, new windows, updated plumbing, spray foam insulation, and new LVP flooring. Outside may be the best part. Nearly 3 acres are fenced and cross-fenced, with a fantastic covered front porch overlooking beautiful pastures—the kind of spot made for morning coffee. Out back, settle onto the covered porch and watch the Texas sunset. A 500 SF shop provides room for projects, hobbies, or storage, plus two 12x24 covered wings offering additional parking for vehicles, equipment, trailers, or toys. The primary bedroom features separate closets and its own door to the patio. Kitchen refrigerator, washer, and dryer convey. No HOA and no known deed restrictions mean more freedom to enjoy your property your way. With easy access to Hwy 380, you can have the space you've been wanting without feeling disconnected from everything else.

Investor Tools

$423,382Estimated Mortgage Balance
$285,618Estimated Equity
40% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$608,893
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,254 /month
Positive
Cash Flow Estimate:
$1,418 /month

Interested in this property?

Michelle Hilgendorf

Hart of Texas

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$365/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$841
$373,832
2025
$161,186
$297,318
$458,504
No

Tax History

Year
Tax Paid
Assessed Value
2025
$841
$373,832

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
First United Bank & Trust Co
Credit Line (Revolving) / Heloc
$448,800
No
First
Jul 24, 2023
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$423,382
$285,618
40%
60%
$2,691/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,120/mo
$2,691/mo
$-571/mo
3.6%

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: Krum

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