Real opportunities. Driven by live market signals.
Updated every minute.

Browse Homes — Buy Direct, Deal on Your Terms

Updated Properties Icon
Updated Properties
—
Last 24 HoursLast 24 Hours
ARV Flip List
ARV Flip List
  • Properties with flip potential and high ARV margins
Pre-Foreclosure List
Pre-Foreclosure List
  • Homes with notice of default or impending auction
Auction List
Auction List
  • Real estate scheduled for county or online auction
Deals List
Deals List
  • Discounted properties priced below market value
Must Sell List
Must Sell List
  • Highly motivated sellers looking for fast closings
Off-Market List
Off-Market List
  • Exclusive off-market opportunities not found on MLS

$596,548

NAL Estimated Property Value

1691 E Fm 550, McLendon Chisholm, TX, 75032

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths2,611 Sq Ft
price_per_sqft$240.9 / sqft
Year BuiltBuilt in 2004

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 1.5Bathrooms 1.5
Garage AvailableGarage Available
Heating Heat PumpHeating Heat Pump
AppliancesDishwasher, Electric Cooktop, Electric Oven, Electric Range, Other
FlooringBrick, Clay, Combination, Concrete, Other

Exterior

Lot Size10 acres

Building Information

Year Built2004
Stories1
Garage Spaces2

Land Information

APN0181-0000-0001-00-0R
SubdivisionJ W Pitman
Land UseAgriculture / Farming
Legal DescriptionABS A0181, J W PITMAN, TRACT 1, 10.0 ACRES
Census Tract040509
Assessed Land Value$340,000
Assessed Improvement Value$256,548
Assessment Year2025

About this property

Single Family Home on TEN acres in Rockwall County. Selling for under $100,000 an acre. Live onsite while planning your dream home. Enjoy TRUE Texas living while being less than 30 minutes away from Downtown Dallas and 10 minutes from The Harbor in Rockwall and neighboring many multi million dollar homes in the immediate vicinity. We have the survey available.The single family home is a 2,600 square foot structure with two floors. The first floor has an office, spare room. and a large living area on the first floor. The second floor features two bedrooms, a second living area, and a kitchen. There is also a detached garage that fits up to 2 cars. Buyer and or Buyer's Broker to verify all specifications including, but not limited to, schools, measurements, livable area, zoning. Listing Broker will not be held responsible for any inaccuracies. Information deemed reliable, but not guaranteed.

Investor Tools

Property Icon
$596,548
Estimated Property Value
$466,458Estimated Mortgage Balance
$130,090Estimated Equity
21% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,774 /month
Positive
Cash Flow Estimate:
$1,258 /month

Interested in this property?

Run an Owner Lookup!

Unlock Owner Contacts

Want alerts when something changes with this property?

Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$748/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,992
$596,548
2025
$340,000
$256,548
$596,548
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,992
$596,548

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Bay Equity Llc
Conventional
$480,000
No
First
Oct 28, 2024
Nov 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$466,458
$130,090
21%
78%
$2,878/mo

City: McLendon Chisholm

1691 E Fm 550 | Property Details | No Agent List