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$783,974

NAL Estimated Property Value

14340 County Road 550, Farmersville, TX, 75442

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths2,115 Sq Ft
price_per_sqft$423.17 / sqft
Year BuiltBuilt in 1982

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
AppliancesDishwasher, Disposal, Electric Cooktop, Electric Oven
FlooringCarpet, Ceramic Tile, Parquet

Exterior

Exterior FeaturesRain Gutters, Private Yard
Lot Size10.15 acres

Building Information

Year Built1982
Stories1
Garage Spaces2

Land Information

APNR-6958-002-1320-1
Lot Number132
SubdivisionHez Walters Survey
Land UseResidential
Legal DescriptionABS A0958 HEZ WALTERS SURVEY, SHEET 2, TRACT 132, 10.149 ACRES
Census Tract031102
Assessed Land Value$482,078
Assessed Improvement Value$301,896
Assessment Year2025

About this property

Amazing One of a Kind property near Lake Lavon! A Rare find,this 10.149 acre parcel includes a 2115 sf 3-2-2 brick home and a 704 sf 1-1 guest house with carport & workshop,Plus a 1600 sf barn! This gorgeous property enjoys breathtaking views of the lake, adjoining Corps of Engineers land...this is the closest to lakefront living you can get on Lake Lavon! Well tended, single owner home has an excellent layout, spacious rooms and is ready for updating to suit it's new family!! You're sure to love the expansive screened in porch, a perfect spot to take in the sunset over the lake! The guest house has great potential for multi generation living, caretakers quarters or a rental property! Agreeable deed restrictions allow for an additional site built home on the property. A serene mix of open pasture and heavily wooded areas; bring your family, horses, ATV's & tractors for living that Country Life! Drop your boat in the water just down the road at Lakeland Park. Come See This One TODAY!!

Investor Tools

Property Icon
$783,974
Estimated Property Value
$714,771Estimated Mortgage Balance
$69,203Estimated Equity
8% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$5,370 /month
Positive
Cash Flow Estimate:
$1,790 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$635/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,699
$783,974
2025
$482,078
$301,896
$783,974
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,699
$783,974

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Crosscountry Mortgage Llc
Conventional
$750,000
No
First
Oct 31, 2023
Nov 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$714,771
$69,203
8%
91%
$4,497/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,972/mo
$4,497/mo
$-2,525/mo
3.0%

City: Farmersville

14340 County Road 550 | Property Details | No Agent List