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$440,000

NAL Estimated Property Value

22042 FM 1253, Mineola, TX, 75773

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,600 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$203.06 / sqft
Year BuiltBuilt in 2025

Property Lead Type:

Off-Market ListDeal ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 2Bathrooms 2
Garage AvailableGarage Available
AppliancesDishwasher, Disposal, Electric Oven, Electric Range, Electric Water Heater, Microwave
FlooringCarpet

Exterior

Lot Size21,780 sqft

Building Information

Year Built1989
Stories1
Garage Spaces3

Land Information

APN1-00000-0799-00-024020
SubdivisionA0799 J Reed
Land UseResidential
Legal DescriptionABST A0799 J REEDTRACT 24B (SEE TR 24B.1 FOR MH)
Census Tract001405
Assessment Year2025

About this property

Welcome to this charming 3-bedroom, 2-bathroom farmhouse nestled on a serene half-acre lot in Smith County, in Van School District. This home offers the perfect blend of modern convenience and rustic appeal, with a spacious layout designed for comfortable living. As you approach the property, you'll be greeted by a convenient circle driveway, providing ample parking and a welcoming entrance. The exterior of the home is crafted with low-maintenance James-Hardie concrete-based siding and topped with 30-year architectural shingles, ensuring durability and long-lasting beauty. Inside, the home is built for efficiency, featuring spray foam insulation and low-E vinyl windows to keep your energy bills low year-round. Step inside to discover stunning wood floors that flow throughout the living areas, complemented by plush carpet in the bedrooms. The heart of the home, the kitchen, boasts sleek quartz countertops, an expansive island that comfortably seats three, and an oversized pantry for all your storage needs. Whether you're cooking a family meal or hosting guests, this kitchen is both functional and stylish. The great room is a showstopper, with faux cedar beams adding a touch of rustic elegance. In the primary bath, you'll find a luxurious walk-in tile shower—perfect for relaxing after a long day. This home offers the perfect combination of modern comforts and farmhouse charm, all set in a peaceful, desirable location. Don't miss out on this incredible opportunity!

Investor Tools

Property Icon
$440,000
Estimated Property Value
$299,025Estimated Mortgage Balance
$140,975Estimated Equity
32% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,640 /month
Positive
Cash Flow Estimate:
$880 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$507/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,880
$241,428
2025
N/A
N/A
$241,428
No

Tax History

Year
Tax Paid
Assessed Value
2025
$3,880
$241,428

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Highlands Residential Mortgage Ltd
Fha
$304,385
Yes
First
May 29, 2025
Jun 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$299,025
$140,975
32%
68%
$1,825/mo

City: Mineola

22042 FM 1253 | Property Details | No Agent List