Last 24 Hours
$73,000
NAL Estimated Property Value1239 Farm Road 38, Ben Franklin, TX, 75415
Off Market
1 Beds
2 Bath
888 Sq Ft
$98.54 / sqft
Built in 2006Property Lead Type:
Off-Market ListAbsentee OwnerHigh EquityCash Buyers
Highlights
Interior
Bedrooms 1
Bathrooms 1.5AppliancesDryer, Electric Range, Microwave, Refrigerator, Washer
Exterior
Lot Size1 acre
Building Information
Year Built1975
Land Information
APN1844
Land UseResidential
Legal Description0060 T CHAFFIN TRACT 72 ACRES 1.0
Census Tract950100
Assessed Land Value$19,420
Assessed Improvement Value$25,780
Assessment Year2025
About this property
Beautiful 1 acre home site that sits 1 mile from the Sulphur River where water will flow approximately 8 miles from the dam. FM Hwy road frontage on the west side of the property and County Road frontage on the east side. The main home is a quant 1 bedroom and one- and one-half bath that is ideal for anything. The second home is an enclosed structure built around a RV camper. There are so many possibilities with this property as it could be used for commercial use, residential or a RV park.
Investor Tools
$73,000
Estimated Property Value
$0Estimated Mortgage Balance
$73,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$525 /month
Positive
Cash Flow Estimate:
$175 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$54/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$284
$45,200
2025
$19,420
$25,780
$45,200
No
Tax History
Year
Tax Paid
Assessed Value
2025
$284
$45,200
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$73,000
100%
0%
$0/mo
12.4%