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$329,000

117 Mill Street, Emory, TX, 75440

On MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,479 Sq Ft
price_per_sqft$222.45 / sqft
Year BuiltBuilt in 2021

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 2Bathrooms 2
AppliancesDishwasher, Disposal, Electric Range, Electric Water Heater, Refrigerator
FlooringCarpet, Ceramic Tile, Laminate

Exterior

Lot Size15,246 sqft

Building Information

Garage Spaces2

Land Information

APN21125
Lot Number20
Land UseResidential
Legal DescriptionMEADOWS - EMORY, BLOCK 0431, LOT 20, ACRES .35
Census Tract950101
Assessed Land Value$45,274
Assessed Improvement Value$324,682
Assessment Year2025

About this property

Get ready for back to school with this 3-2 house with oversized garage on corner lot in nice neighborhood. Seller financing will have you moved in and ready for a new school year in a very short time. Easy access to shopping, schools, and just a short distance from Lake Fork, or Lake Tawakoni, Canton Trades Days and much more. If you need room for a shop building or RV Carport, this large lot has plenty of room for both. Check this out and get ready to move. Buyer responsible for Title Policy and Survey if one is requested. Seller Finance terms; 10% down, 7% interest for up to 30 years.

Investor Tools

$249,331Estimated Mortgage Balance
$120,625Estimated Equity
32% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,220 /month
Positive
Cash Flow Estimate:
$740 /month

Interested in this property?

Don Spencer

L.L. Spencer Real Estate

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$679/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,298
$369,956
2025
$45,274
$324,682
$369,956
Yes (2024)

Tax History

Year
Tax Paid
Assessed Value
2025
$6,298
$369,956

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Hootens Real Estate Development Llc
Purchase Money Mortgage
$270,000
No
First
May 16, 2022
May 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$249,331
$120,625
32%
67%
$1,619/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: Emory

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117 Mill Street | Property Details | No Agent List