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B+
NoAgentList RatingHow are grades calculated? Info
Days75Days on Market
Views1view
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$650,000

2163 Illinois Street, New Fairview, TX, 76078

$668,182 ARVInfo
On MarketInfo
Beds4 Beds
Baths3 Bath
Baths4,200 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$154.76 / sqft
Year BuiltBuilt in 1917

Property Lead Type:

Absentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Bathrooms Half 1Bathrooms Half 1
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Dryer, Refrigerator

Exterior

Lot Size5 acres

Building Information

Year Built1917
Stories1
Roof Type158
Garage Spaces7

Land Information

APNA0744.0073.02
SubdivisionA-744 Smith Csl
Land UseResidential
Legal DescriptionTRACT 10 5.0000 ACRES
Census Tract150607
Assessed Land Value$227,481
Assessed Improvement Value$423,113
Assessment Year2025

About this property

Experience the perfect blend of history, charm, and wide-open Texas living with this stunning farm and ranch property in the heart of New Fairview. Set on 5 picturesque acres, this beautifully preserved home offers 4,200 square feet of spacious living, ideal for those seeking a private retreat with room to spread out. From the moment you arrive, you’ll appreciate the peaceful setting and sweeping countryside views that create a truly serene atmosphere. Inside, the home showcases timeless character paired with the comfort and functionality needed for modern living, offering generous living areas perfect for gathering and entertaining. Step outside and take in the expansive landscape—perfect for relaxing on the porch, enjoying outdoor activities, or simply soaking in the natural beauty. A large, well-maintained 60x80 shop adds incredible value, providing ample space for storage, hobbies, or business use. This home offers a 500 foot water well that provides great water. Whether you’re looking for a quiet escape, a place to grow, or a property rich with character, this one-of-a-kind New Fairview gem delivers it all. Don’t miss your opportunity to own a piece of Texas history with the space and versatility to fit today’s lifestyle. This home can be purchased with any amount of land up to five acres. Enjoy the convenience of close proximity to I-35 (12 miles), TX-114 (5 miles), and US-287 (4 miles)

Investor Tools

Property Icon
$693,000
Estimated Property Value
$0Estimated Mortgage Balance
$693,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$668,181
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,158 /month
Positive
Cash Flow Estimate:
$1,386 /month

Interested in this property?

Cathy Green

Major League Realty, Inc.

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$630/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,097
$650,594
2025
$227,481
$423,113
$650,594
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,097
$650,594

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$693,000
100%
0%
$0/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: New Fairview

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