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$472,000

NAL Estimated Property Value

214 S Rike Street, Farmersville, TX, 75442

Off MarketInfo
Beds4 Beds
Baths4 Bath
Baths3,819 Sq Ft
price_per_sqft$83.79 / sqft
Year BuiltBuilt in 1929

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
AppliancesBuilt-In Gas Range, Dishwasher, Disposal, Microwave, Plumbed For Ice Maker, Vented Exhaust Fan, Electric Water Heater
FlooringCeramic Tile, Wood

Exterior

Exterior FeaturesRain Gutters
Lot Size12,628 sqft

Building Information

Year Built1929
Stories2

Land Information

APNR-1066-005-003A-1
Lot Number3A
SubdivisionRike Addition
Land UseResidential Single Family
Legal DescriptionRIKE ADDITION, BLK 5, LOT 3A; ( REPLAT ) REPLAT
Census Tract031101
Assessed Land Value$115,625
Assessed Improvement Value$278,774
Assessment Year2025

About this property

One of Farmersville's Finest Historic Homes,the WT Cook House was completed in 1929.Designed by architect James C. Teague with a handsome,detailed brick exterior & original tile roof,this Gem is a Step Back in Time! Original wood floors,beveled glass doors and many original fixtures have been kept,while updates to the kitchen & baths add comfort for today's families.The oversized living room has a Beautiful WBFP & built in bookcases and the cozy Sunroom opens to the front porch & a private patio.The 440 sq ft guest house has full bath & kitchenette.Located in a charming neighborhood of Historic Homes on a half acre corner lot with towering pecan trees.Who's Ready to make that Bed & Breakfast dream come true?!

Investor Tools

Property Icon
$472,000
Estimated Property Value
$0Estimated Mortgage Balance
$472,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,832 /month
Positive
Cash Flow Estimate:
$944 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$978/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$9,374
$394,399
2025
$115,625
$278,774
$394,399
No

Tax History

Year
Tax Paid
Assessed Value
2024
$9,374
$394,399

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$472,000
100%
0%
$0/mo

City: Farmersville

214 S Rike Street | Property Details | No Agent List