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Days65Days on Market
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$590,000

1199 County Road 1245, Savoy, TX, 75479

$767,000 ARVInfo
On MarketInfo
Baths2,432 Sq Ft
price_per_sqft$242.6 / sqft
Year BuiltBuilt in 2001

Highlights

Interior

AppliancesDishwasher, Electric Cooktop, Electric Oven, Electric Water Heater
FlooringCarpet, Laminate

Exterior

Lot Size13.61 acres

Land Information

APN75616
Land UseResidential
Legal DescriptionABSTRACT A0410 M GIMINEZ, ACRES 13.61
Census Tract950300
Assessed Land Value$218,770
Assessment Year2025

About this property

This is the kind of land that makes you slow down and look twice. Across 17.4 acres, you get the country ingredients buyers dream about: open ground, natural tree cover, water features, county road frontage, well water, and functional lateral line septic already in place. It is useful. It is peaceful. And it feels full of possibility. The land has a natural rhythm to it. Open areas give you room for a future homesite, barn, shop, garden, livestock, recreation, or weekend retreat. Trees add privacy, shade, and character. Water brings calm and beauty. And with horses and donkeys already part of the setting, the country feel comes alive. You can see the land being used. You can feel the slower pace. You can picture quiet mornings, open pasture views, and the simple satisfaction of having space around you. The 2432 sq ft mobile home needs some tender loving care, but the real story is what the land can become. The existing well and septic add value and utility, while the acreage gives you freedom to shape the future around your own vision. This is more than acreage. It is a place with movement, warmth, privacy, and possibility. Walk the land. Stand under the trees. Look across the open ground. Watch the animals graze. Then imagine what life could look like here. Buyer to verify all details including utilities, easements, flood plain, restrictions, septic, well, and intended use.

Investor Tools

$35,620Estimated Mortgage Balance
$281,664Estimated Equity
87% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
$767,000
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,540 /month
Positive
Cash Flow Estimate:
$1,180 /month

Interested in this property?

Dana Worth

Russell Realty

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$229/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,166
$218,770
2025
$218,770
N/A
$218,770
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,166
$218,770

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Ctx Mortgage Co Llc
Fha
$84,333
Yes
First
Mar 22, 2005
Apr 2035

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$35,620
$260,380
87%
11%
$0/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: Savoy

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1199 County Road 1245 | Property Details | No Agent List