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$491,000

NAL Estimated Property Value

1427 Davis Ln, Terrell, TX, 75160

$638,300 ARVInfo
Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths2,219 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$236.59 / sqft
Year BuiltBuilt in 1980

Property Lead Type:

Off-Market ListARV FlipAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Microwave
FlooringCarpet, Laminate

Exterior

Lot Size1 acre

Building Information

Year Built1980
Stories1
Roof Type112
Garage Spaces3

Land Information

APN99.0165.0000.0040.00.06.06
SubdivisionThos B Finley
Land UseResidential
Legal DescriptionTHOS B FINLEY, TRACT 40.00; 1. ACRES LINK W\5829
Census Tract050701
Assessed Land Value$29,824
Assessed Improvement Value$281,452
Assessment Year2025

About this property

Welcome to your serene countryside retreat at 1427 Davis Ln, Terrell, TX! This 3-bedroom, 2-bathroom home on 10.48 acres across two parcels, offers the perfect blend of rural tranquility and modern convenience. Property currently has agricultural exemption which ensures significantly lower property taxes. The back of the property a beautiful line of trees with pond, providing a tranquil backdrop to the home. Situated just one mile from the Terrell Crossroads shopping center, you have convenient access to a variety of shopping, dining, and entertainment options, including a movie theater. This location offers the best of both worlds: a tranquil country setting with the amenities of city life just minutes away. The community is well-maintained and enhanced by deed restrictions, ensuring the neighborhood remains beautiful and inviting. Don't miss your chance to own this unique piece of Terrell's countryside charm.

Investor Tools

Property Icon
$491,000
Estimated Property Value
$30,388Estimated Mortgage Balance
$460,612Estimated Equity
93% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
$638,300
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,150 /month
Positive
Cash Flow Estimate:
$1,050 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$339/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,611
$311,276
2025
$29,824
$281,452
$311,276
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,611
$311,276

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Department Of Housing & Urban Dev
Fha
$15,466
Yes
First
May 12, 2025
Nov 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$30,388
$460,612
93%
6%
$186/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: Terrell

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1427 Davis Ln | Property Details | No Agent List