Last 24 Hours
$1,089,924
NAL Estimated Property Value1908 Harvard Boulevard, Farmersville, TX, 75442
Off Market
Commercial
Highlights
Interior
Bedrooms —
Bathrooms —Exterior
Lot Size2.09 acres
Land Information
APNR-8762-000-0080-1
Lot Number8
SubdivisionMurphys Crossing Phase Ii & Phase Iii (C
Land UseCommercial
Legal DescriptionMURPHYS CROSSING PHASE II & PHASE III (CFC), LOT 8
Census Tract031101
Assessed Land Value$1,089,924
Assessment Year2025
About this property
Pad Sites Available in Murphys Crossing Commercial-Industrial Park.Premium location at corner Highway 380 & County Rd 611 in Farmersville,directly across from Brookshires.Lot 8 allows for multi-family development..a rare find in Farmersville.Rental property is in high demand,and Apartments or Townhomes would be perfectly situated within walking distance of future Collin College campus.Adjoining Lot 9 also allows multi-family.A Great Opportunity!
Investor Tools
$1,089,924
Estimated Property Value
$264,900Estimated Mortgage Balance
$825,024Estimated Equity
75% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$6,540 /month
Positive
Cash Flow Estimate:
$2,180 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,348/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$10,724
$1,089,924
2025
$1,089,924
N/A
$1,089,924
No
Tax History
Year
Tax Paid
Assessed Value
2024
$10,724
$1,089,924
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Prosperity Bank
Commercial
$295,185
No
First
Jan 28, 2021
N/A
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$264,900
$825,024
75%
24%
$1,770/mo
12.4%