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$781,000

NAL Estimated Property Value

1578 County Road 1240, Savoy, TX, 75479

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths2,508 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$306.62 / sqft
Year BuiltBuilt in 1984

Property Lead Type:

BankruptcyPre-ForeclosureOff-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 2Bathrooms 2
AppliancesDishwasher, Disposal, Electric Water Heater, Ice Maker, Microwave, Double Oven, Vented Exhaust Fan, Washer
FlooringCeramic Tile, Laminate

Exterior

Lot Size23.21 acres

Building Information

Year Built1984

Land Information

APN84621
Land UseResidential
Legal DescriptionA1126 T TOBY, ACRES 23.206
Census Tract950300
Assessed Land Value$364,300
Assessed Improvement Value$273,630
Assessment Year2025

About this property

Peaceful country living awaits on this 23-acre filled with lots of trees, creek, and a pond. This 3-bedroom, 2-bath home offers an inviting living area with soaring cathedral ceilings. The kitchen is a cook’s dream—complete with a double oven, ample cabinet space, a center island with granite countertops, equipped with an electric cooktop and vent-a-hood, —perfect for entertaining or family meals. The spacious primary bedroom includes a private bath and a 6x12 walk-in closet. A 30x40 workshop with electricity provides ideal space for hobbies, storage, or projects. Room to roam, relax, and enjoy nature! ** Some furniture, appliances Negotiable**

Investor Tools

Property Icon
$781,000
Estimated Property Value
$307,508Estimated Mortgage Balance
$473,492Estimated Equity
60% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,686 /month
Positive
Cash Flow Estimate:
$1,562 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$549/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,680
$637,930
2025
$364,300
$273,630
$637,930
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,680
$637,930

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Rocket Mortgage Llc
Conventional
$330,000
No
First
Sep 30, 2022
Oct 2042

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$307,508
$473,492
60%
39%
$1,979/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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1578 County Road 1240 | Property Details | No Agent List