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$322,380

1482 Farm Road 21, Mount Vernon, TX, 75457

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,395 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$225.81 / sqft
Year BuiltBuilt in 2010

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 2Bathrooms 2
AppliancesDishwasher, Electric Range
FlooringTile

Exterior

Lot Size2 acres

Building Information

Year Built2007

Land Information

APN00888-00000-00262-000000
Land UseResidential
Legal DescriptionAB 267 J N KILLIS
Census Tract950101
Assessed Land Value$62,600
Assessed Improvement Value$259,780
Assessment Year2025

About this property

This gem sits on 2 acres near Mount Vernon, just 5 minutes from Lake Cypress Springs. This metal home is efficient and eco-friendly, it offers 3 bedrooms, 2 bathrooms, and a modern kitchen. Step inside and revel in the stylish comfort of tile flooring throughout the home, adding a touch of sophistication to every room. The 30 x 40 workshop with a full bathroom, washer-dryer hookups, and extra storage space is a perfect space for your projects. Park your vehicles with ease under the detached carport, and admire the charm of pipe fencing along the front with a gate, adding a touch of elegance to your entrance. On the west side, a privacy fence offers you seclusion and peace. As you explore the property, you'll be greeted by the vibrant beauty of crepe myrtles, enhancing the landscape with their colorful blooms. Additionally, you'll love the serene charm of a small pond, making your outdoor space even more enchanting. Enjoy the convenience of city life just minutes away.

Investor Tools

Property Icon
$322,380
Estimated Property Value
$0Estimated Mortgage Balance
$322,380Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,934 /month
Positive
Cash Flow Estimate:
$645 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$479/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,138
$322,380
2025
$62,600
$259,780
$322,380
No

Tax History

Year
Tax Paid
Assessed Value
2025
$4,138
$322,380

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$322,380
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.

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: Mount Vernon

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1482 Farm Road 21 | Property Details | No Agent List