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$1,403,204

NAL Estimated Property Value

2462 County Road 551, Farmersville, TX, 75442

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,405 Sq Ft
price_per_sqft$996.44 / sqft
Year BuiltBuilt in 1993

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 1.5Bathrooms Full 1.5
AppliancesElectric Oven
FlooringCarpet, Ceramic Tile

Exterior

Private PoolPrivate Pool
Exterior FeaturesDog Run
Lot Size39.60 acres

Building Information

Year Built1993
Stories1

Land Information

APNR-6739-001-1530-1
Lot Number153
SubdivisionE B Reed Survey
Land UseAgriculture / Farming
Legal DescriptionABS A0739 E B REED SURVEY, SHEET 1, TRACT 153, 39.597 ACRES
Census Tract031102
Assessed Land Value$1,187,910
Assessed Improvement Value$215,294
Assessment Year2025

About this property

This property is ready for your Texas Ranch, farm or your multi family development ideas. Beautiful acreage with trees and pasture, fenced and cross fenced. The ranch is well maintained and features three out buildings. The seller has a survey. This listing is for two Hunt County Property IDs: Property 2121763 and 1973895 and includes the residence and approximately 39.54 acres.

Investor Tools

Property Icon
$1,403,204
Estimated Property Value
$0Estimated Mortgage Balance
$1,403,204Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$8,419 /month
Positive
Cash Flow Estimate:
$2,806 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,241/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,871
$1,403,204
2025
$1,187,910
$215,294
$1,403,204
No

Tax History

Year
Tax Paid
Assessed Value
2024
$7,871
$1,403,204

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$1,403,204
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,565/mo
N/A
+$1,565/mo
1.3%

City: Farmersville