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Owner Contacts

$479,000

NAL Estimated Property Value

142 Southfork Dr, Tuscola, TX, 79562

$550,888 ARV

Off Market

4 Beds

3 Bath

2,780 Sq Ft

Single Family Residence

$115.07 / sqft

Built in 1985

Property Lead Type:

Off-Market ListARV FlipAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4

Bathrooms Full 2

Indoor Fireplace

Garage Available

Heating Central

Cooling

AppliancesDishwasher, Electric Range, Electric Water Heater, Microwave, Refrigerator

FlooringCarpet, Ceramic Tile

Exterior

Exterior FeaturesStorage

Lot Size2 acres

Building Information

Year Built1985

Stories1

Roof Type105

Garage Spaces2

Land Information

APNR8800000600

Lot Number6

SubdivisionSouthfork Addn

Land UseResidential

Legal DescriptionSOUTHFORK ADDN, BLOCK A, LOT 6, ACRES 2.0

Census Tract013502

Assessed Land Value$21,094

Assessed Improvement Value$290,761

Assessment Year2025

About this property

Welcome to this spacious 4-bedroom, 3-bathroom ranch-style home situated on 2 picturesque acres just outside the city limits of Abilene in Tuscola! Enjoy the freedom of country living with no HOA restrictions.This charming home offers an abundance of space for comfortable living and entertaining. With three versatile living areas and two dining areas, there’s plenty of room for everyone. The large enclosed patio provides additional space for relaxation or hosting gatherings, all while enjoying beautiful views of the surrounding landscape.The property’s open acreage is perfect for outdoor activities, gardening, or creating your own private oasis. Whether you're seeking peace and quiet or room to spread out, this home has it all. Conveniently located with easy access to town amenities, yet far enough to enjoy the tranquility of rural life. House has 2 HVAC and 2 water heaters. Schedule a tour today to see all that this property has to offer!

Investor Tools

$479,000

Estimated Property Value

$243,700Estimated Mortgage Balance

$235,300Estimated Equity

49% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

$550,887

Rent-to-Value Ratio: 0.72%

Rent Estimate

$2,874 /month

Positive

Cash Flow Estimate:

$958 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$313/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$1,357

$311,855

2025

$21,094

$290,761

$311,855

Tax History

Year

Tax Paid

Assessed Value

2025

$1,357

$311,855

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Coleman County State Bank

Conventional

$249,600

First

Jan 31, 2025

Feb 2055

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$243,700

$235,300

49%

51%

$1,497/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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