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$515,000

NAL Estimated Property Value

2194 County Road 1220, Savoy, TX, 75479

Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths1,891 Sq Ft
price_per_sqft$221.58 / sqft
Year BuiltBuilt in 2018

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms 2Bathrooms 2
AppliancesDishwasher, Gas Cooktop, Gas Oven, Gas Range, Microwave, Tankless Water Heater, Water Heater
FlooringConcrete

Exterior

Exterior FeaturesFire Pit, Storage
Lot Size2.25 acres

Building Information

Year Built2017

Land Information

APN113617
Lot Number3
Land UseResidential
Legal DescriptionHIDDEN ACRES ADDN, LOT 3, LIFE ESTATE, ACRES 2.25
Census Tract950300
Assessed Land Value$63,100
Assessed Improvement Value$343,400
Assessment Year2025

About this property

Looking for ideal country living with all the benefits of living outside of the city limits, yet only 45 min. to McKinney and 20 min. to all other amenities? Horse welcome! Custom newer home completed in 2018 with higher end details, totally energy efficient throughout entire building process. 4BR, 2BA, office, HUGE insulated 25x30 shop, all on 6.62 acres. Open living area with wrap around granite gathering bar for 8, huge island custom made for the chef to entertain, built-in breakfast nook with table. Enjoy year-round deer and country views! Just in time to get in on the ground floor soon to be Bois D'Arc lake Near the area. Plenty of room for all your outdoor toys! This Home comes with Bonus newer Mower .

Investor Tools

Property Icon
$515,000
Estimated Property Value
$292,589Estimated Mortgage Balance
$222,411Estimated Equity
43% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,090 /month
Positive
Cash Flow Estimate:
$1,030 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$553/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,058
$406,500
2025
$63,100
$343,400
$406,500
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,058
$406,500

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Guardian Mortgage Co Inc
Conventional
$328,000
No
First
Oct 16, 2020
Nov 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$292,589
$222,411
43%
57%
$1,967/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.

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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: Savoy

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2194 County Road 1220 | Property Details | No Agent List