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$246,000

NAL Estimated Property Value

17706 Farm Road 195, Detroit, TX, 75436

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,414 Sq Ft
price_per_sqft$233.38 / sqft
Year BuiltBuilt in 1978

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 2Bathrooms 2
AppliancesGas Cooktop, Gas Oven

Exterior

Lot Size23.64 acres

Building Information

Year Built1978

Land Information

APN0-10028-00000-0061-00
Land UseResidential
Legal DescriptionABSTRACT 28 WM BAILEY MAP A-4 23.64 ACRES
Census Tract950700
Assessment Year2025

About this property

Property has NO RESTRICTIVE COVENANTS OR DEED RESTRICTIONS and is located 54 miles from Hochatown and Broken Bow Oklahoma, 20 miles from Paris Texas and about 120 miles to DFW metroplex with ample Farm Road 195 frontage. This 3-bedroom and 2 full bath brick farmhouse is situated on 25 rolling acres and has 2 hay yards of Bermuda and Bahia grasses, sandy loam soils, 3 stock tanks, and cross fencing and barbed wire fencing. Property improvements include a hay barn, metal corral, and potential for development. Don't wait on this one, priced to sell!

Investor Tools

Property Icon
$246,000
Estimated Property Value
$239,088Estimated Mortgage Balance
$6,912Estimated Equity
2% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,980 /month
Positive
Cash Flow Estimate:
$660 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$178/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$908
$164,193
2025
N/A
N/A
$292,788
No

Tax History

Year
Tax Paid
Assessed Value
2025
$908
$164,193

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Guild Mortgage Co
Conventional
$248,000
No
First
May 13, 2024
Jun 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$239,088
$6,912
2%
97%
$1,487/mo

City: Detroit

17706 Farm Road 195 | Property Details | No Agent List