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$414,590

NAL Estimated Property Value

15118 County Road 635, Blue Ridge, TX, 75424

Off MarketInfo
Beds2 Beds
Baths2 Bath
Baths1,220 Sq Ft
price_per_sqft$233.52 / sqft
Year BuiltBuilt in 2012

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms 2Bathrooms 2
AppliancesDishwasher, Electric Oven
FlooringCarpet, Ceramic Tile, Wood

Exterior

Lot Size3.75 acres

Building Information

Year Built2012

Land Information

APN100615
Lot Number7
Land UseResidential
Legal DescriptionFANNIN WEST, BLOCK 1, LOT 7, ACRES 3.75
Census Tract950702
Assessed Land Value$187,030
Assessed Improvement Value$227,560
Assessment Year2025

About this property

If you are looking for great access and uniqueness, this one has it all! Located less than one mile off Hwy 121 and Hwy 78 makes getting to work and shopping easy. This two bedroom, two bath, cabin-rustic style home is full of reclaimed wood, tin, and hand scraped hardwood floors in the open concept, vaulted ceiling kitchen, dining, and living area. Home is all electric with propane ran in the home to add a fireplace in the living room as well as a wall heater already in place in one bathroom and the master bedroom. The acreage is fenced and cross fenced with two separate areas for your horses or livestock. Two car carport also has storage with roll up door for your lawnmower, tools, etc.

Investor Tools

Property Icon
$414,590
Estimated Property Value
$16,969Estimated Mortgage Balance
$397,621Estimated Equity
95% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,488 /month
Positive
Cash Flow Estimate:
$829 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$614/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,293
$414,590
2025
$187,030
$227,560
$414,590
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,293
$414,590

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Collin Acres Ltd
Unknown
$25,000
No
First
Jun 29, 2012
Jul 2022

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$16,969
$397,621
95%
4%
$150/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: Blue Ridge

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15118 County Road 635 | Property Details | No Agent List