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$317,000

12450 State Highway 11, Whitewright, TX, 75491

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,216 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$273.03 / sqft
Year BuiltBuilt in 2020

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
AppliancesDishwasher, Electric Water Heater, Refrigerator
FlooringCarpet, Linoleum

Exterior

Lot Size3.82 acres

Building Information

Year Built2020
Garage Spaces1

Land Information

APN233 8294002
Lot Number2R-2
SubdivisionKentuckytown Estates Ii Rplt Lt 2
Land UseResidential
Legal DescriptionKENTUCKYTOWN ESTATES II RPLT LT 2, LOT 2R-2, ACRES 3.818, MH LABEL# NTA1923054
Census Tract001802
Assessed Land Value$182,806
Assessed Improvement Value$105,614
Assessment Year2025

About this property

BACK ON MARKET, Buyers financing fell thru. Gently owned Singlewide on 3.82acres in Grayson county complete with around the house gravel drive and carport parking in the back for privacy. This home offers an open view floorplan seeming larger than expected. The rustic design decor enhances the living space that accents the barn-wood style flooring and wall units for additional personal item display. Split bedroom allows the Primary with en-suite at one end and guest and or home office at the other complete with additional bathroom. Farnmhouse sink with awesome pot filling style faucet, dividing eat at peninsula and dining area set forth a comfortable living area. Large open yard with native grassland all the way back to the treeline. Room enough for your shop, garden, swimming pool and shoot, even a small putting green if you like. Animals are ok as well to help cut the grass and with eggs prices so high feel free to have bring your chickens too ! This little gem is FARMTASTIC !!

Investor Tools

Property Icon
$317,000
Estimated Property Value
$150,000Estimated Mortgage Balance
$172,624Estimated Equity
53% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,992 /month
Positive
Cash Flow Estimate:
$664 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$493/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,335
$288,420
2025
$182,806
$105,614
$288,420
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,335
$288,420

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Ready Capital Corp
Sba Participation Trust Deed
$150,000
No
First
Apr 12, 2024
Apr 2034

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$144,376
$172,624
54%
46%
$900/mo

Learn About the Market: Opportunity in Texas

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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.

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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: Whitewright

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12450 State Highway 11 | Property Details | No Agent List