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$594,570

NAL Estimated Property Value

1538 County Road 1200, Savoy, TX, 75479

Off MarketInfo
CommercialInfo
Beds3 Beds
Baths2 Bath
Baths1,428 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$413.17 / sqft
Year BuiltBuilt in 2002

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 2Bathrooms 2
AppliancesDishwasher, Gas Range, Microwave
FlooringCarpet, Tile

Exterior

Exterior FeaturesDog Run
Lot Size10 acres

Building Information

Year Built2002
Garage Spaces1

Land Information

APN100553
Land UseResidential
Legal DescriptionA1148 J WALLACE, ACRES 10.0
Census Tract950300
Assessed Land Value$250,000
Assessed Improvement Value$344,570
Assessment Year2025

About this property

REFRESHED AND MOVE-IN READY ON TEN AG EXEMPT ACRES IN BOOMING FANNIN COUNTY. Country charm in this freshly painted and remodeled home on a quiet road in Savoy near Bells, this property has so much to offer! A lovely home with 3 bedrooms and 2 baths, open concept living and dining area, kitchen with stainless steel appliances and plenty of cabinets and also has a relaxing covered front porch to enjoy. A separate 240 sq ft office building with its own bathroom offers a quiet place to work. The property boasts several outbuildings perfect for storage for tools and toys along with a climate-controlled 30' x 40' metal shop building with electric, water, floor drain, wash station with hot and cold water, emergency backup propane heaters, 2 single roll-up doors on either end of the building and overhangs on three sides. Property is fenced and cross-fenced and is perfect for a small farm or ranch operation. Potential to transfer to Bells ISD. Conveniently located minutes from HWY 82 and just minutes to Sherman, Denison and new Bois D'Arc Lake.

Investor Tools

Property Icon
$594,570
Estimated Property Value
$0Estimated Mortgage Balance
$594,570Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,567 /month
Positive
Cash Flow Estimate:
$1,189 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$588/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,086
$594,570
2025
$250,000
$344,570
$594,570
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,086
$594,570

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$594,570
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: Savoy

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1538 County Road 1200 | Property Details | No Agent List