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$378,000

1776 Fm 515, Emory, TX, 75440

$457,628 ARVInfo
Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths2,724 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$128.49 / sqft
Year BuiltBuilt in 1994

Property Lead Type:

Off-Market ListAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 3Bathrooms 3
AppliancesDishwasher, Electric Oven, Electric Range, Microwave, Refrigerator

Exterior

Lot Size1.51 acres

Building Information

Year Built1994
Garage Spaces1

Land Information

APN2443
Land UseResidential
Legal DescriptionA0121 HOWELL HENRY TRACT 20 ACRES 1.509
Census Tract950101
Assessed Land Value$38,027
Assessed Improvement Value$214,134
Assessment Year2025

About this property

Move in ready, fully fenced, well shaded, and well maintained! This charming 1.51-acre property is set back off the road and features multiple structures (2 homes AND 2 shops!), offering both privacy and convenience! The primary home is beautifully maintained and thoughtfully updated, providing two spacious bedrooms and two full baths, along with an attached one-car garage for added convenience. Inside, the kitchen features sleek stainless steel counters, while the home offers generous storage throughout, including ample closet space. A standout feature is the Murphy bed, ideal for maximizing space. The refrigerator stays as well! Covered back porch with an amazing pasture view! Can't beat it! The approximately 360 sqft MIL quarters includes a bedroom, full bath, and plenty of storage—perfect for guests or multi-generational living. And that's not all! This property includes not one, but two impressive shops. The first shop features 13-ft ceilings and generous dimensions (approximately 45’ deep by 48’ wide), ideal for working on projects or storing boats and RVs. The second 25x50-ft workshop is the ultimate space for hobbies, work projects, or a dream man cave. With all these incredible features, this property blends modern comfort with country living, offering a serene setting and unmatched versatility. Don't miss out on this exceptional opportunity!

Investor Tools

Property Icon
$378,000
Estimated Property Value
$376,590Estimated Mortgage Balance
$0Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
$455,000
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,268 /month
Positive
Cash Flow Estimate:
$756 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$421/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,157
$252,161
2025
$38,027
$214,134
$252,161
No

Tax History

Year
Tax Paid
Assessed Value
2025
$3,157
$252,161

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Lone Star Cu
Credit Line (Revolving) / Heloc
$40,000
No
First
May 19, 2022
May 2032

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$408,647
N/A
0%
108%
$2,498/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: Emory

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1776 Fm 515 | Property Details | No Agent List