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Days30Days on Market
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$245,000

122 Admiral Lane, Caddo Mills, TX, 75135

On MarketInfo
Beds4 Beds
Baths2 Bath
Baths1,575 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$155.56 / sqft
Year BuiltBuilt in 2022

Property Lead Type:

High Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms 2Bathrooms 2
Garage AvailableGarage Available
AppliancesDishwasher, Electric Range, Microwave, Refrigerator
FlooringCarpet, Laminate

Exterior

Lot Size7,667 sqft

Building Information

Year Built2022
Stories1
Garage Spaces3

Land Information

APN2387-000C-0120-14
Lot Number12
SubdivisionCaddo Downs Ph 1
Land UseOther / Unknown
Legal DescriptionS2387 CADDO DOWNS PH 1 BLK C LOT 12 ACRES .176
Census Tract961401
Assessed Land Value$47,840
Assessed Improvement Value$223,210
Assessment Year2025

About this property

Beautiful 4 Bedroom 2 Bathroom, about 1,575 sqft. home, with option to assume FHA loan. Corner lot, Griffis Elementary is just down a block; accent wall in the dining room, modern light fixtures in dining room and front hallway. Solar panels, smart thermostat and security devices (requires Ring security subscription). Home built in 2022, part of the Caddo Downs subdivision, managed by an HOA. There is a community pool. Approximately a 12-minute drive to Royse City and a 16-minute drive to Greenville. Less than 5 minutes to Hwy 66 and about 5 minutes to I-30.

Investor Tools

Property Icon
$271,050
Estimated Property Value
$0Estimated Mortgage Balance
$23,581Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,626 /month
Positive
Cash Flow Estimate:
$542 /month

Interested in this property?

Jonathan Minerick

HomeCoin.com

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$684/month
$225/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,857
$271,050
2025
$47,840
$223,210
$271,050
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,857
$271,050

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Dhi Mortgage Company Ltd
Fha
$267,494
Yes
First
Jun 30, 2022
Jul 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$247,469
$23,581
8%
91%
$1,604/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: Caddo Mills

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122 Admiral Lane | Property Details | No Agent List