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$260,220

11766 Fm 31, Marshall, TX, 75672

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths2,007 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$124.56 / sqft
Year BuiltBuilt in 1985

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 2Bathrooms 2
Garage AvailableGarage Available
AppliancesGas Water Heater
FlooringTile, Vinyl

Exterior

Lot Size5.14 acres

Building Information

Year Built1985
Stories1
Garage Spaces5

Land Information

APN00744.01410.00000.000000
SubdivisionLucinda Wallace Survey A-744
Land UseResidential
Legal DescriptionACRES: 5.137 ABST: 744 L WALLACE HSE
Census Tract020103
Assessed Land Value$62,650
Assessed Improvement Value$197,570
Assessment Year2025

About this property

START THE RURAL LIFE with this metal roof Farmhouse on 5.137 acres. All the essentials are here. The home has a split bedroom floor plan, a vaulted living room, and solid service flooring (no carpet). The exterior features a large metal workshop, animal stalls and a pond that needs some TLC. The backyard is fenced for animals even for your free range chickens. This property is in the Elysian Fields School district and conveniently located to access I-20. Sellers are willing to give a $5,000 buyer's credit with an acceptable offer. This affordable homestead is ready for you!

Investor Tools

Property Icon
$260,220
Estimated Property Value
$240,562Estimated Mortgage Balance
$22,463Estimated Equity
8% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,561 /month
Positive
Cash Flow Estimate:
$520 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$168/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$713
$260,220
2025
$62,650
$197,570
$260,220
No

Tax History

Year
Tax Paid
Assessed Value
2024
$713
$260,220

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Guild Mortgage Co
Fha
$240,562
Yes
First
Sep 11, 2025
Oct 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$237,757
$22,463
8%
91%
$1,443/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: Marshall

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11766 Fm 31 | Property Details | No Agent List