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$498,415

1435 Canales Trail, Farmersville, TX, 75442

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,460 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$166 / sqft
Year BuiltBuilt in 2020

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
AppliancesDishwasher, Disposal, Electric Cooktop, Electric Oven, Microwave
FlooringCarpet, Ceramic Tile, Wood

Exterior

Lot Size1.11 acres

Building Information

Year Built2020
Stories1
Garage Spaces3

Land Information

APNR-11190-000-0070-1
Lot Number7
SubdivisionCanales Trails Addition (Gcn)
Land UseResidential
Legal DescriptionCANALES TRAILS ADDITION (GCN), LOT 7
Census Tract031102
Assessed Land Value$130,000
Assessed Improvement Value$368,415
Assessment Year2025

About this property

BACK ON THE MARKET, Completion date end of November 2020, NEW CONTRUSTION CUSTOM HOME, , This home is loaded with upgrades, granite countertops, hardwood flooring, extensive landscape and lighting package. Gorgeous and open floor plan, located on over an acre with upgraded pipe fencing and 3 car garage. Plenty of room for a shop. Builder can also build custom shop to be added into the deal. Sought after subdivision in the growing area of Community ISD, located in Farmersville. Just minutes from Lake Lavon and major highways for easy commute. Stunning views in the private location.

Investor Tools

Property Icon
$498,415
Estimated Property Value
$0Estimated Mortgage Balance
$131,234Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,990 /month
Positive
Cash Flow Estimate:
$997 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$208/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
N/A
$498,415
2025
$130,000
$368,415
$498,415
No

Tax History

Year
Tax Paid
Assessed Value
2024
N/A
$498,415

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Mortgage Research Center Llc
Va
$408,350
Yes
First
Feb 16, 2021
Mar 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$367,181
$131,234
26%
74%
$2,449/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,572/mo
$2,449/mo
+$123/mo
6.2%

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.

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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: Farmersville

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1435 Canales Trail | Property Details | No Agent List