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$349,990

1195 County Road 274, Terrell, TX, 75160

$454,987 ARVInfo
Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,634 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$214.19 / sqft
Year BuiltBuilt in 1997

Property Lead Type:

Off-Market ListARV FlipAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 2Bathrooms 2
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Cooktop, Electric Oven, Microwave
FlooringCarpet, Vinyl

Exterior

Exterior FeaturesRain Gutters, Storage
Lot Size3.95 acres

Building Information

Year Built1997
Stories1
Roof Type105
Garage Spaces2

Land Information

APN99.0166.0000.0015.01.06.00
SubdivisionMary Gilbreath
Land UseResidential
Legal DescriptionMARY GILBREATH, TRACT 15.01; 3.95 ACRES
Census Tract050701
Assessed Land Value$204,606
Assessed Improvement Value$188,220
Assessment Year2025

About this property

**All offers due by 10-3-22 at 5pm**Looking for a charming home in the country? Look no further! This adorable home is situated outside city limits on 3.95 acres with tons of features! Upon entry, you will find gorgeous luxury vinyl plank flooring and fresh new paint throughout. Updated kitchen area complete with quartz counter tops and an eat in dining perfect for your family. Three bedrooms with large walk in closets and two full baths. Outdoors you will find a garage perfect for a mother in law suite or college student needing their own space! 16x32 building with electric, water, full bath and washer and dryer hook ups! Metal gazebo sitting area with string lights and electricity is the perfect addition for outdoor parties or gathering with the family. 30x40 barn with horse stall and outdoor corral plus tons of gorgeous acreage and trees throughout. This property will not last long at this price! Schedule a showing today!

Investor Tools

Property Icon
$459,000
Estimated Property Value
$353,479Estimated Mortgage Balance
$119,127Estimated Equity
23% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
$454,987
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,754 /month
Positive
Cash Flow Estimate:
$918 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$676/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,815
$392,826
2025
$204,606
$188,220
$392,826
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,815
$392,826

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Town Square Mortgage & Investments Inc
Fha
$353,479
Yes
First
Oct 17, 2022
Nov 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$339,873
$119,127
25%
74%
$2,184/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: Terrell

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1195 County Road 274 | Property Details | No Agent List