Real opportunities. Driven by live market signals.
Updated every minute.

Browse Homes — Buy Direct, Deal on Your Terms

Updated Properties Icon
Updated Properties
—
Last 24 HoursLast 24 Hours
ARV Flip List
ARV Flip List
  • Properties with flip potential and high ARV margins
View AllArrow
Pre-Foreclosure List
Pre-Foreclosure List
  • Homes with notice of default or impending auction
View AllArrow
Auction List
Auction List
  • Real estate scheduled for county or online auction
View AllArrow
Deals List
Deals List
  • Discounted properties priced below market value
View AllArrow
Must Sell List
Must Sell List
  • Highly motivated sellers looking for fast closings
View AllArrow
Off-Market List
Off-Market List
  • Exclusive off-market opportunities not found on MLS
View AllArrow

$623,000

NAL Estimated Property Value

2342 Farm Road 3122, Mount Vernon, TX, 75457

Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths2,760 Sq Ft
price_per_sqft$162.68 / sqft
Year BuiltBuilt in 2002

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms 2Bathrooms 2
AppliancesDishwasher, Electric Oven, Electric Range, Microwave
FlooringLaminate, Tile

Exterior

Private PoolPrivate Pool
Lot Size3 acres

Building Information

Year Built2002

Land Information

APN00925-00000-00041-000001
Land UseResidential
Legal DescriptionAB 438 T STARNES
Census Tract950101
Assessed Land Value$52,500
Assessed Improvement Value$331,030
Assessment Year2025

About this property

Recently updated 4-bed, 2-bath home on 5 wooded acres near Lake Cypress Springs. Rustic charm meets modern convenience with vaulted ceilings, wood-burning fireplace, new paint, light fixtures, laminate & tile flooring. Gourmet kitchen with quartz countertops, new appliances. Spacious master suite with oversized tile shower, double vanities, walk-in closet. Mudroom with custom cabinets. Sunroom & dining area overlooks saltwater pool, patio with fire pit. Full-length covered porch. Detached garage-shop and she shed. Call for private showing, available 7 days a week.

Investor Tools

Property Icon
$623,000
Estimated Property Value
$421,645Estimated Mortgage Balance
$201,355Estimated Equity
32% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,738 /month
Positive
Cash Flow Estimate:
$1,246 /month

Interested in this property?

Run an Owner Lookup!

Unlock Owner Contacts

Want alerts when something changes with this property?

Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$550/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,484
$383,530
2025
$52,500
$331,030
$383,530
No

Tax History

Year
Tax Paid
Assessed Value
2025
$3,484
$383,530

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Guaranteed Rate Inc
Fha
$435,958
Yes
First
Jul 30, 2024
Aug 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$421,645
$201,355
32%
68%
$2,614/mo

City: Mount Vernon

2342 Farm Road 3122 | Property Details | No Agent List