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$387,000

1574 FM 3227, Canton, TX, 75103

Off MarketInfo
Beds2 Beds
Baths2 Bath
Baths1,894 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$137.28 / sqft
Year BuiltBuilt in 1972

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms 2Bathrooms 2
AppliancesDishwasher, Electric Range, Microwave, Other
FlooringCarpet, Other, Vinyl

Exterior

Lot Size6.08 acres

Building Information

Garage Spaces1

Land Information

APN016.0768.0560.0001.0000
Land UseFarm/Ranch, House
Legal DescriptionACRES: 6.080 ABST: 768 SUR: L SMITH
Census Tract950602
Assessed Land Value$208,290
Assessed Improvement Value$85,490
Assessment Year2025

About this property

A beautiful setting awaits! This sweet country 1410 sq. ft. home has two bedrooms, two bathrooms, one car attached garage and carport, kitchen with lots of cabinets and counter top space, and a wood burning fireplace. Main bedroom has huge walk in closet with built-in dressers.Property water is provided by a well. The detached garage is unfinished but has tons of potential. It has been framed for an upstairs 484 square foot, one bedroom, one bath apartment.Fifteen plus, gorgeous acres have county road frontage on one side, and highway frontage on the other. Three acre lake. Surrounded by beautiful new homes, the area is great. If you're looking for a nice little spot in the country, we think you just found it!

Investor Tools

Property Icon
$387,000
Estimated Property Value
$0Estimated Mortgage Balance
$387,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,322 /month
Positive
Cash Flow Estimate:
$774 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$328/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,997
$293,780
2025
$208,290
$85,490
$293,780
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,997
$293,780

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$387,000
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.

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: Canton

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1574 FM 3227 | Property Details | No Agent List