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$303,000

NAL Estimated Property Value

227 W State Highway 56, Savoy, TX, 75479

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths2,129 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$209.02 / sqft
Year BuiltBuilt in 2004

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 3Bathrooms 3
AppliancesDishwasher, Disposal, Electric Range, Microwave, Refrigerator
FlooringCarpet, Wood

Exterior

Lot Size2.49 acres

Building Information

Garage Spaces2

Land Information

APN146 1298007 02
SubdivisionWeeks John A-G1298
Land UseReal-Residential Single Family & Condos W/Lan
Legal DescriptionG-1298 WEEKS JOHN A-G1298, ACRES 2.492, PT OF 3.387 AC OF WHICH .896 AC IN FANNIN CO, UNDIVIDED INTEREST 50.0000000000% PT OF
Census Tract000102
Assessed Land Value$56,821
Assessed Improvement Value$164,872
Assessment Year2025

About this property

Beautiful and well-maintained two-story home on 3.39 serene acres, offering 2,129 sq ft of comfortable living space. This all-electric home features smart light switches -kitchen, living room, garage, and back door- and smart kitchen appliances, including a connected stove and refrigerator. A cozy gas fireplace - propane-leased tank - adds warmth and charm. Recent updates include a brand-new HVAC system for the main level, new water heater, all-new kitchen appliances, fresh interior paint, and updated lighting fixtures in multiple rooms. The flexible office-dining area features a custom butcher block desk, perfect for remote work or study. The property includes a 24x24 workshop with 110 + 220 electrical service—ideal for hobbies or extra storage—and a storm cellar for added peace of mind. Exterior surveillance equipment conveys with the home. Enjoy the perfect blend of modern upgrades and quiet country living—move-in ready and waiting for you!

Investor Tools

Property Icon
$303,000
Estimated Property Value
$0Estimated Mortgage Balance
$303,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,670 /month
Positive
Cash Flow Estimate:
$890 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$469/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,110
$221,693
2025
$56,821
$164,872
$221,693
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,110
$221,693

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$303,000
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.

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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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227 W State Highway 56 | Property Details | No Agent List