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$400,000

NAL Estimated Property Value

19935 County Road 656, Farmersville, TX, 75442

Off MarketInfo
Beds3 Beds
Baths1 Bath
Baths1,368 Sq Ft
price_per_sqft$210.16 / sqft
Year BuiltBuilt in 1953

Property Lead Type:

Off-Market ListDeal ListAbsentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 1Bathrooms 1
AppliancesDryer, Electric Range, Microwave, Refrigerator, Washer
FlooringCeramic Tile, Combination, Laminate

Exterior

Lot Size2.03 acres

Building Information

Year Built1953
Stories1

Land Information

APNR-6293-004-0560-1
Lot Number56
SubdivisionJ Ellison Survey
Land UseResidential
Legal DescriptionABS A0293 J ELLISON SURVEY, SHEET 4, TRACT 56, 2.026 ACRES
Census Tract031101
Assessed Land Value$157,015
Assessed Improvement Value$173,280
Assessment Year2025

About this property

Extremely well maintained country home on Two neat and tidy acres. Multiple outbuildings including two older shops, carports and storage buildings. This property is perfect for the first time home buyer looking for something affordable in this difficult buyers market or the investor looking for an easy flip. This home needs very little upgrades to make a nice and quick flip project. Extra rooms available to install a second bathroom. Home has HVAC – window units in picture were used by older owner who preferred the window units to the HVAC. All window units have been removed. Sweet picket fenced in front yard boasts pretty trees just waiting for spring. Access easement on the east side for landowners behind property. There is also an oversized laundry room and additional store room which would be perfect to add a large second bathroom and closet.

Investor Tools

Property Icon
$400,000
Estimated Property Value
$0Estimated Mortgage Balance
$400,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,400 /month
Positive
Cash Flow Estimate:
$800 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$490/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,876
$330,295
2025
$157,015
$173,280
$330,295
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,876
$330,295

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$400,000
100%
0%
$0/mo

City: Farmersville

19935 County Road 656 | Property Details | No Agent List