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$610,000

1609 E Farmers Rd, Seagoville, TX, 75159

On MarketInfo
Just AddedInfo
Beds3 Beds
Baths2 Bath
Baths2,953 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$206.57 / sqft
Year BuiltBuilt in 1985

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Cooktop, Electric Oven, Electric Water Heater, Double Oven, Refrigerator
FlooringCeramic Tile, Vinyl

Exterior

Private PoolPrivate Pool
Exterior FeaturesRain Gutters, Outdoor Grill, Private Yard, Storage
Lot Size1.44 acres

Building Information

Year Built1985
Stories1
Roof Type105
Garage Spaces2

Land Information

APN65085006510060200
SubdivisionJohn D Merchant Abst 850
Land UseResidential
Legal DescriptionJOHN D MERCHANT ABST 850 PG 065 TR 6.2 ACS 1.436 VOL99066/5469 DD032299 CO-DALLAS 0850065100602 4CJ08500651
Census Tract017007
Assessed Land Value$71,800
Assessed Improvement Value$337,840
Assessment Year2025

About this property

Set on 3.93 beautifully treed acres across three lots, this 3-bedroom, 2.5-bath home offers 2,953 square feet of comfortable living space, privacy, flexibility, and convenience, all just a few blocks from US 175 for an easy commute to Dallas and the rest of the Metroplex. With rolling terrain and a park-like setting shaded by a canopy of beautiful, established hardwood trees, the property offers a peaceful place to live and work. Inside, the home features a huge kitchen, two living areas, beautiful woodwork, and a layout that works equally well for everyday living and entertaining. Storage is a standout feature, with an abundance of closet space extending well beyond the bedroom closets and providing the extra room and flexibility that is hard to find. Outside, an in-ground pool surrounded by a large patio and perennial landscaping creates a private, inviting space to cool off and enjoy the beauty of the property. The functional space continues with two separate outbuildings. On the house side of the property is a 25x25 smaller shop with both roll-up and walk-through doors. On the other side is an impressive, larger 60x60 workshop and barn combination, with 40x60 floored in concrete. This versatile building includes work and storage space, dirt stalls, room to park heavy equipment, and water and electricity already in place. The workshop barn is located on its own parcel with separate utilities, offering excellent flexibility for a home business, animals, equipment, projects, or hobbies. The property also features two separate access gates, including an electric gate leading directly to the house and a second gate opening to the driveway and serving the workshop and barn. With mature trees, multiple lots, separate parcels, utilities, entrances, no HOA, and outstanding functional space both inside and out, this property offers a rare combination of country-like privacy and convenient access to the Dallas area.

Investor Tools

$80,444Estimated Mortgage Balance
$421,556Estimated Equity
83% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,660 /month
Positive
Cash Flow Estimate:
$1,220 /month

Interested in this property?

Jo Hughes

Coldwell Banker Anderson Realty

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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
$4,078
$409,640
2025
$71,800
$337,840
$409,640
No

Tax History

Year
Tax Paid
Assessed Value
2025
$4,078
$409,640

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Fremont Investment & Loan
Credit Line (Revolving) / Heloc
$115,000
No
First
N/A
Aug 2033

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$80,444
$421,556
83%
16%
$1,075/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,972/mo
$1,075/mo
+$897/mo
4.7%

Learn About the Market: Opportunity in Texas

Local Market Pages
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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: Seagoville

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1609 E Farmers Rd | Property Details | No Agent List