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$379,000

116 Fm 2450, Krum, TX, 76249

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,621 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$233.81 / sqft
Year BuiltBuilt in 1999

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesBuilt-In Gas Range, Dishwasher, Disposal, Microwave, Plumbed For Ice Maker, Gas Water Heater
FlooringCarpet, Ceramic Tile

Exterior

Lot Size3.22 acres

Building Information

Year Built1999
Stories1
Roof Type105
Garage Spaces2

Land Information

APNR194111
Lot Number8
SubdivisionFriendly Acres Ph I
Land UseResidential
Legal DescriptionFRIENDLY ACRES PH I LOT 8
Census Tract020207
Assessed Land Value$276,591
Assessed Improvement Value$340,647
Assessment Year2025

About this property

Looking for your dream property? Look no further. This property has it ALL! This 3 bedroom 2 bath home is nestled on 3.21 acres located in the sought after Krum ISD. The beautiful vaulted ceilings, freestanding wood burning fireplace and spectacular views set this house apart from the rest. The master bedroom is spacious with built in shelves and a walk in closet. The 40x60 fully insulated SHOP has electricity as well a bathroom with room for an office. It also includes a 2 stall barn that is complete with a tack room or office as well as electricity. This property is a RARE find! DONT MISS OUT ON THIS ONE.

Investor Tools

Property Icon
$617,238
Estimated Property Value
$318,750Estimated Mortgage Balance
$335,208Estimated Equity
48% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,703 /month
Positive
Cash Flow Estimate:
$1,234 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,122/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$10,381
$617,238
2025
$276,591
$340,647
$617,238
No

Tax History

Year
Tax Paid
Assessed Value
2024
$10,381
$617,238

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Ntfn Inc
Conventional
$318,750
No
First
Jun 24, 2020
Jul 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$282,030
$335,208
54%
46%
$1,912/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,120/mo
$1,912/mo
+$208/mo
4.1%

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: Krum

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116 Fm 2450 | Property Details | No Agent List