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$281,182

NAL Estimated Property Value

14811 County Road 550 Road, Farmersville, TX, 75442

Off MarketInfo
Beds1 Beds
Baths1 Bath
Baths748 Sq Ft
Mobile HomesMobile Homes
price_per_sqft$200.4 / sqft
Year BuiltBuilt in 1980

Property Lead Type:

Off-Market ListDeal ListAbsentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 1Bedrooms 1
Bathrooms 1Bathrooms 1
AppliancesElectric Oven
FlooringLaminate

Exterior

Lot Size2 acres

Building Information

Year Built2021
Stories1

Land Information

APNR-2063-000-0030-1
Lot Number3
SubdivisionElm Creek Estates
Land UseResidential
Legal DescriptionELM CREEK ESTATES, LOT 3
Census Tract031102
Assessed Land Value$187,500
Assessed Improvement Value$93,682
Assessment Year2025

About this property

Everyone wants 2 acres in the country, with no deed restrictions, close to Lake Lavon, off a blacktop road, with water and electric, yet convenient to Dallas and Farmersville, all for under $150,000.... here it is. The property has options from a new build to development and is close to the new Collin College Farmersville Campus and the fantastic Farmersville downtown. 2 mobile homes are on the property but the value is in the land & location. The front mobile is non-habitable while the rear mobile is in need of TLC but is occupied. The property has Copeville SUD water and separate electric. The parcel is not in the Farmersville ETJ. The mobile homes are personal property and not registered with the TDHCA.

Investor Tools

Property Icon
$281,182
Estimated Property Value
$0Estimated Mortgage Balance
$281,182Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,687 /month
Positive
Cash Flow Estimate:
$562 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$449/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,987
$281,182
2025
$187,500
$93,682
$281,182
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,987
$281,182

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$281,182
100%
0%
$0/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.

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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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14811 County Road 550 Road | Property Details | No Agent List