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$206,006

NAL Estimated Property Value

214 N Rike St, Farmersville, TX, 75442

Off MarketInfo
Beds2 Beds
Baths1 Bath
Baths1,102 Sq Ft
price_per_sqft$190.11 / sqft
Year BuiltBuilt in 1953

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 1Bathrooms Full 1
Garage AvailableGarage Available
AppliancesDishwasher, Disposal, Refrigerator
FlooringLaminate, Linoleum, Vinyl

Exterior

Lot Size11,935 sqft

Building Information

Year Built1953
Stories1
Garage Spaces1

Land Information

APNR-1058-008-035B-1
Lot Number35B
SubdivisionHowell Addition (Cfc)
Land UseResidential
Legal DescriptionHOWELL ADDITION (CFC), BLK 8, LOT 35B
Census Tract031101
Assessed Land Value$92,500
Assessed Improvement Value$113,506
Assessment Year2025

About this property

The property features: Large Kitchen and Dining Area: The spacious kitchen and dining area provide ample space for family meals and gatherings. Cozy Bedrooms: The two bedrooms offer comfortable living spaces, perfect for relaxation. Utility and Laundry Room: The utility room is equipped with washer and dryer connections, making laundry chores convenient. Fenced Backyard: The large fenced backyard provides privacy and space for outdoor activities. Storage Shed: A storage shed is available for storing outdoor items such as lawn equipment and recreational gear. Recent Updates: The foundation has been recently corrected with new blocks and shims, and the home boasts a new roof. Enjoy the convenience of living just a block from beautiful Downtown Farmersville, with plenty of shopping, restaurants, and historic charm. Whether you’re a first-time homebuyer or looking for a cozy retreat, this home represents an ideal opportunity for modern living in a relaxing location.

Investor Tools

Property Icon
$206,006
Estimated Property Value
$206,054Estimated Mortgage Balance
$206,006Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,257 /month
Positive
Cash Flow Estimate:
$419 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$444/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,304
$206,006
2025
$92,500
$113,506
$206,006
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,304
$206,006

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Pilgrim Mortgage Llc
Fha
$205,214
Yes
First
Dec 23, 2024
Jan 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$206,054
N/A
0%
100%
$1,268/mo

City: Farmersville

214 N Rike St | Property Details | No Agent List