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B+
NoAgentList RatingHow are grades calculated? Info

$573,166

12267 Plainview Road, Krum, TX, 76249

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,531 Sq Ft
Mobile HomesMobile Homes
price_per_sqft$313.52 / sqft
Year BuiltBuilt in 1997

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 2Bathrooms 2
Heating GasHeating Gas
AppliancesDishwasher, Electric Cooktop
FlooringCarpet, Ceramic Tile

Exterior

Lot Size10 acres

Building Information

Year Built1951
Stories1
Roof Type105

Land Information

APNR61863
SubdivisionBbb & Crr
Land UseAgriculture / Farming
Legal DescriptionA0178A BBB & CRR, TR 8, 10.0 ACRES, OLD DCAD TR 1C(1)
Census Tract020206
Assessment Year2025

About this property

Over 37 acres of beautiful land located in Krum, Tx! You can use this land for farming and horses or build your dream home! There is a 3 bedroom and 2 bathroom home on the property that is being lived in by a tenant and can be a beautiful home with some TLC! But the value is mostly in the land with this property and it has been priced to sell! Most of the property has been cleared out and leveled, but also has some trees on the land as you can see from the aerial photos. Seller does not have survey. Buyer will have to purchase new if needed. Water is provided by Bolivar water supply and Electric by Denton County Co-op. So power, water and septic already onsite! There is a well on property but not in use.

Investor Tools

Property Icon
$573,166
Estimated Property Value
$0Estimated Mortgage Balance
$350,179Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,439 /month
Positive
Cash Flow Estimate:
$1,146 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$835/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,156
$573,166
2025
N/A
N/A
$581,366
No

Tax History

Year
Tax Paid
Assessed Value
2024
$7,156
$573,166

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
First State Bank
Purchase Money Mortgage
$240,000
No
First
Mar 4, 2022
Apr 2042

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$222,987
$350,179
61%
39%
$1,234/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: Krum

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12267 Plainview Road | Property Details | No Agent List