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A+
NoAgentList RatingHow are grades calculated? Info
Days340Days on Market
Views1view
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$349,000

15197 Farm Road 71 E, Sulphur Bluff, TX, 75481

On MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,404 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$248.58 / sqft
Year BuiltBuilt in 1996

Property Lead Type:

Off-Market ListMust-SellAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
AppliancesDishwasher, Electric Range, Microwave

Exterior

Lot Size21,780 sqft

Building Information

Year Built1996

Land Information

APNR000017527
SubdivisionMurphy Dubert Survey A-
Land UseResidential
Legal DescriptionACRES: 0.500 ABS: 641 TR: 4-05 SUR: MURPHY DUBERT
Census Tract950100
Assessed Land Value$16,200
Assessed Improvement Value$157,460
Assessment Year2025

About this property

Charming 3-Bedroom, 2-Bath Home ON 2+ ACRES with Room to Grow! This well-maintained home features a split floor plan, vaulted ceilings, and abundant natural light throughout the living space. The separate laundry room and multiple storage closets add everyday functionality. Step outside to enjoy your morning coffee on the cozy front porch surrounded by mature shade trees and a circular driveway for easy access & entertainment parking. True country living! The property includes a covered 1-car carport, a large workshop on slab with electricity, and an additional slab ready for your next project or some basketball for the kids. Plus, there's a she-shed with extra storage; versatile spaces perfect for hobbies, holiday décor, lawn tools, and more. Ideally located just minutes from Sulphur Bluff ISD, and a short drive to Mount Vernon and Sulphur Springs, this home offers privacy, convenience, and endless possibilities, all set back from the road for added peace and quiet. Just over 2 acres with a gorgeous view! Endless possibilities and room for gardening. Don’t wait and invest today!

Investor Tools

Property Icon
$237,000
Estimated Property Value
$20,000Estimated Mortgage Balance
$220,697Estimated Equity
92% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,094 /month
Positive
Cash Flow Estimate:
$698 /month

Interested in this property?

Kristin Thompson

Century 21 First Group

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$140/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$494
$173,660
2025
$16,200
$157,460
$173,660
No

Tax History

Year
Tax Paid
Assessed Value
2025
$494
$173,660

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Guaranty Bank & Trust
Commercial
$20,000
No
First
Aug 7, 2017
Aug 2037

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$16,303
$220,697
93%
7%
$120/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: Sulphur Bluff

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15197 Farm Road 71 E | Property Details | No Agent List