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$255,000

NAL Estimated Property Value

2240 County Road 1078, Farmersville, TX, 75442

$331,500 ARVInfo
Off MarketInfo
Baths0 Bath
Baths2,128 Sq Ft
Unimproved LandUnimproved Land
price_per_sqft$119.83 / sqft
Year BuiltBuilt in 2022

Highlights

Interior

Bathrooms 0Bathrooms 0

Exterior

Lot Size7.48 acres

Building Information

Year Built2022
Stories1

Land Information

APN5330-0000-016A-00
Lot Number16A
SubdivisionWagner Investment Tracts
Land UseAgriculture / Farming
Legal DescriptionS5330 WAGNER INVESTMENT TRACTS LOT 16A ACRES 7.476
Census Tract960300
Assessed Land Value$16,500
Assessed Improvement Value$177,820
Assessment Year2025

About this property

Back on the market due to no fault of the Seller. Dual road frontage on CR 1078 & Wagner Trail. Opportunity abounds with this fantastic Farmersville TX USA parcel positioned on 7.476 acres. This is Texas and you have choices, build your new bardo, home, or hold as a development investment. The land boasts a water meter, adjacent electric service, no flood plain, no deed restrictions and is outside of the Farmersville ETJ. Enjoy AG exemption all within Hunt County and the desirable Bland ISD. Location is important and you are minutes to downtown Farmersville, convenient to Greenville and about 40 minutes to McKinney. The soil is mostly Crockett Loam which is rated for moderate faming. A new survey is in hand. The Caddo Basin water line fronting CR 1078 is 4 inches. Information is deemed reliable; however, Buyer should perform due diligence. Graphic boundary is approximate.

Investor Tools

Property Icon
$255,000
Estimated Property Value
$509,305Estimated Mortgage Balance
$0Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
$331,500
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,794 /month
Positive
Cash Flow Estimate:
$598 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$107/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$13
$194,320
2025
$16,500
$177,820
$409,930
No

Tax History

Year
Tax Paid
Assessed Value
2024
$13
$194,320

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Cardinal Financial Company Lp
Fha
$495,672
Yes
First
Oct 18, 2024
Nov 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$509,305
N/A
0%
200%
$3,139/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: Farmersville

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2240 County Road 1078 | Property Details | No Agent List