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$688,309

NAL Estimated Property Value

15701 County Road 616, Farmersville, TX, 75442

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths1,876 Sq Ft
price_per_sqft$332.89 / sqft
Year BuiltBuilt in 2002

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Cooktop, Electric Range, Microwave, Plumbed For Ice Maker
FlooringCarpet, Ceramic Tile, Wood

Exterior

Exterior FeaturesLighting, Storage
Lot Size12 acres

Building Information

Year Built2002
Stories1

Land Information

APNR-6944-001-1200-1
Lot Number120
SubdivisionS Walker Survey
Land UseResidential
Legal DescriptionABS A0944 S WALKER SURVEY, SHEET 1, TRACT 120, 12.0 ACRES
Census Tract031101
Assessed Land Value$450,000
Assessed Improvement Value$238,309
Assessment Year2025

About this property

Fabulous small ranch on 12 acres. Currently in Agg exempt. Very nice rolling hills wooded property. fenced for cattle. Small pond. Quality country living. Very nice updated single story home. 4th bedroom could easilly be a 2nd living area or game room. Area cleared in the pasture with its own septic system for RV or guest quarters. Nice covered parking area and large 40 x 30 shop with electric, 100 amp service with 220. Lot is mostly coastal bermuda. Cattle are negotiable separately.

Investor Tools

Property Icon
$688,309
Estimated Property Value
$0Estimated Mortgage Balance
$688,309Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,130 /month
Positive
Cash Flow Estimate:
$1,377 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$623/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,037
$688,309
2025
$450,000
$238,309
$688,309
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,037
$688,309

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$688,309
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,972/mo
N/A
+$1,972/mo
3.4%

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: Farmersville

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15701 County Road 616 | Property Details | No Agent List