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$1,403,204

NAL Estimated Property Value

2462 County Road 551, Farmersville, TX, 75442

Off MarketInfo
Beds2 Beds
Baths1 Bath
Baths1,405 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$996.44 / sqft
Year BuiltBuilt in 1993

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 2Bedrooms 2
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%

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.

Explore Texas Explore This Area
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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2462 County Road 551 | Property Details | No Agent List