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$520,990

NAL Estimated Property Value

2500 Fm 981, Leonard, TX, 75452

$608,718 ARVInfo
Off MarketInfo
Beds5 Beds
Baths3 Bath
Baths2,582 Sq Ft
FarmFarm
price_per_sqft$145.24 / sqft
Year BuiltBuilt in 1997

Highlights

Interior

Bedrooms 5Bedrooms 5
Bathrooms 3Bathrooms 3
AppliancesDishwasher, Disposal, Gas Range, Gas Water Heater, Microwave
FlooringCarpet, Laminate, Vinyl, Wood

Exterior

Exterior FeaturesBalcony, Dog Run, Rain Gutters, RV Hookup, Storage
Lot Size5.08 acres

Building Information

Year Built1997
Garage Spaces2

Land Information

APN82194
Land UseResidential
Legal DescriptionA0919 P PRICE, ACRES 5.079
Census Tract950701
Assessed Land Value$277,580
Assessed Improvement Value$243,410
Assessment Year2025

About this property

Experience country living in a 5 bedroon, 3 full bath metal frame home on 5 acres mixed with trees and that touch of nature you only get outside the metroplex. Within 30 minutes from McKinney, Greenville, Bonham and Sherman, you have an easy commute on a well paved Farm Road, a newly developing neighborhood and there's a fenced in back yard, workshop with electric, and RV hookup available. The home is roomy, versatile, and ready for the buyer who has an eye for updates and improvements. For the price, home is being sold as is. New roof is included in the price.

Investor Tools

Property Icon
$520,990
Estimated Property Value
$0Estimated Mortgage Balance
$520,990Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$608,718
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,126 /month
Positive
Cash Flow Estimate:
$1,042 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$575/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,299
$520,990
2025
$277,580
$243,410
$520,990
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,299
$520,990

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$520,990
100%
0%
$0/mo

City: Leonard

2500 Fm 981 | Property Details | No Agent List