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$357,000

1503 Fm 2194, Greenville, TX, 75401

Off MarketInfo
Beds4 Beds
Baths1 Bath
Baths1,316 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$186.93 / sqft
Year BuiltBuilt in 1980

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms 1Bathrooms 1
Heating CentralHeating Central
CoolingCooling
AppliancesElectric Cooktop, Electric Oven, Microwave, Refrigerator
FlooringSlate

Exterior

Lot Size24.14 acres

Building Information

Year Built1980
Stories1
Roof Type105

Land Information

APN0819-C740-0000-21
SubdivisionPorter Juliet
Land UseResidential
Legal DescriptionA0819 PORTER JULIET,TRACT C74, ACRES 24.138
Census Tract960400
Assessed Land Value$18,270
Assessed Improvement Value$122,360
Assessment Year2025

About this property

24+ acres to enjoy!! Only minutes from Greenville!! Fenced and cross fenced for horses, cows, goats, etc. Nice size pond, barn and chicken coop ready for your hens. The home currently has the garage converted into a bedroom but could easily be converted back. The master bedroom has a large walk-in closet that the current owners were converting into a bathroom, some of the plumbing has been installed, see photos. Owners are currently renovating and price adjustments will reflect such as time goes. Please see aerial photo for electrical and pipeline easements. Currently central heat works but cooling does not.

Investor Tools

Property Icon
$357,000
Estimated Property Value
$193,500Estimated Mortgage Balance
$119,626Estimated Equity
46% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,142 /month
Positive
Cash Flow Estimate:
$714 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$193/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$527
$140,630
2025
$18,270
$122,360
$500,660
No

Tax History

Year
Tax Paid
Assessed Value
2024
$527
$140,630

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Highlands Residential Mortgage Ltd
Conventional
$193,500
No
First
Sep 19, 2019
Oct 2049

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$237,374
$119,626
33%
66%
$1,611/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: Greenville

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1503 Fm 2194 | Property Details | No Agent List