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$450,000

NAL Estimated Property Value

2131 FM 407, New Fairview, TX, 76078

Off MarketInfo
Beds4 Beds
Baths4 Bath
Baths3,118 Sq Ft
price_per_sqft$144.32 / sqft
Year BuiltBuilt in 1989

Property Lead Type:

Off-Market List

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms 4Bathrooms 4
AppliancesDishwasher, Electric Cooktop, Electric Oven, Electric Water Heater, Microwave
FlooringCeramic Tile

Exterior

Exterior FeaturesRain Gutters, Storage

Building Information

Garage Spaces2

About this property

Welcome Home! Nestled within a tranquil, fully fenced, 1.52-acre lot, this property promises serene living. Step onto the oversized covered front or back porches, both perfect for unwinding after a long day. Inside, a spacious living area welcomes with a vaulted ceiling adorned by rich wood beams, complemented by a cozy stone fireplace & built-in bookshelf. The adjoining kitchen features a peekaboo window to the living room & ample space for hosting, including formal dining & breakfast rooms. The main section of the house boasts two secondary bedrooms & baths. Noteworthy is the in-law quarters with a separate private entrance including an ensuite bath, sizable closet & storage area, offering comfort & independence. Recent foundation repairs & a new roof ensure peace of mind. With acclaimed Northwest ISD, No HOA, & a large shed, this home beckons with comfort & convenience. With some updates, this home has the potential to offer beautiful country living.

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Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,700 /month
Positive
Cash Flow Estimate:
$900 /month

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Financing Details

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

Learn About the Market: Opportunity in Texas

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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: New Fairview

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2131 FM 407 | Property Details | No Agent List