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$297,000

NAL Estimated Property Value

1302 Farm Road 2560, Sulphur Springs, TX, 75482

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,404 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$163.11 / sqft
Year BuiltBuilt in 1982

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 2Bathrooms 2
AppliancesDishwasher, Electric Cooktop, Electric Oven, Plumbed For Ice Maker
FlooringCarpet, Laminate, Vinyl

Exterior

Exterior FeaturesRain Gutters, Other
Lot Size1.51 acres

Building Information

Year Built1982
Garage Spaces2

Land Information

APNR000021098
SubdivisionStewart Thomas Survey A-
Land UseResidential
Legal DescriptionACRES: 1.510 ABS: 874 TR: 104 SUR: STEWART THOMAS 115X572.5X115X571.5
Census Tract950302
Assessed Land Value$48,920
Assessed Improvement Value$223,850
Assessment Year2025

About this property

Great location only minutes from town! Unique 3bed, 2bath, custom two-story home on over 1.5 acres. Beautiful sycamore and oak trees add character and shade. Enclosed sunroom is used as a 2nd living area with 216 sq ft not included on the tax roll. Also, would be great office or workout space. Other items are: new roof in August 2021, R.V. shed, raised flower beds, plus storage & livestock shed. Room for horse(s) or large garden spot! The spacious, detached garage with workbench provides a great place to work at home or have a hobby area. A country feel outside the city limits but conveniently located to shopping, restaurants, downtown Sulphur Springs, and social activities! Ready to move In!

Investor Tools

Property Icon
$297,000
Estimated Property Value
$205,910Estimated Mortgage Balance
$91,090Estimated Equity
30% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,782 /month
Positive
Cash Flow Estimate:
$594 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$216/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,103
$272,770
2025
$48,920
$223,850
$272,770
No

Tax History

Year
Tax Paid
Assessed Value
2025
$1,103
$272,770

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Mortgage Research Center Llc
Va
$225,060
Yes
First
Nov 10, 2021
Dec 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$205,910
$91,090
30%
69%
$1,350/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: Sulphur Springs

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1302 Farm Road 2560 | Property Details | No Agent List