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$799,000

NAL Estimated Property Value

197 Talford St, Fairfield, TX, 75840

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,484 Sq Ft
price_per_sqft$88.95 / sqft
Year BuiltBuilt in 1984

Property Lead Type:

Off-Market ListDeal ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 2Bathrooms 2
AppliancesDishwasher, Disposal, Electric Cooktop, Electric Oven
FlooringOther

Exterior

Lot Size13,399 sqft

Building Information

Year Built1984
Garage Spaces1

Land Information

APN28100-00016-00000-000000
Land UseResidential
Legal DescriptionLOTT VILLAGE ADDN I FAIRFIELD LOT 16
Census Tract000102
Assessed Land Value$9,000
Assessed Improvement Value$140,301
Assessment Year2025

About this property

Great Property in a Great neighborhood in need of a little Fix Up. Super cute house with pretty, well cared for yard, on a quiet street provides the perfect opportunity for you to add your specific taste and skills to make it your own or for a great investment property! 3 bedrooms, 2 bath, brick home with an enclosed sun room not yet completed. Fireplace and vaulted ceilings add to the appeal of the roomy family room. Home needs flooring and paint and a few minor repairs. Information deem reliable but not guaranteed. Buyer and Buyer's agent should verify.

Investor Tools

Property Icon
$799,000
Estimated Property Value
$103,046Estimated Mortgage Balance
$695,954Estimated Equity
87% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,794 /month
Positive
Cash Flow Estimate:
$1,598 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$556/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,674
$149,301
2025
$9,000
$140,301
$149,301
No

Tax History

Year
Tax Paid
Assessed Value
2025
$2,674
$149,301

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Farmers State Bank
Purchase Money Mortgage
$112,000
No
First
Feb 2, 2022
Feb 2037

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$103,046
$695,954
87%
13%
$672/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.

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: Fairfield

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