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$894,556

2511 State Highway 78 N, Farmersville, TX, 75442

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths2,993 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$332.44 / sqft
Year BuiltBuilt in 1991

Property Lead Type:

Off-Market ListAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2.5Bathrooms Full 2.5
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesTrash Compactor, Dishwasher, Disposal, Electric Cooktop, Electric Oven, Microwave, Refrigerator
FlooringCarpet, Ceramic Tile

Exterior

Private PoolPrivate Pool
Exterior FeaturesDock
Lot Size14.73 acres

Building Information

Year Built1991
Stories1
Roof Type105
Garage Spaces2

Land Information

APNR-6685-000-0220-1
Lot Number22
SubdivisionEd Ohara Survey
Land UseResidential
Legal DescriptionABS A0685 ED OHARA SURVEY, TRACT 22, 14.728 ACRES
Census Tract031101
Assessed Land Value$552,300
Assessed Improvement Value$342,256
Assessment Year2025

About this property

Breathtaking ~14.7 acres situated just outside city limits off SH 78 on rolling treed topography. Stunning private drive to property features re-engineered county trestle bridge & matching reclaimed obelisk, pastures & ponds. Sprawling single-story ranch home affords ample elbow room with split-bedroom configuration, 2 living & dining areas, & air conditioned garage (not counted in square footage). Custom millwork includes crown molding, built-in entertainment & desk areas. Wood-burning fireplace is the heart of the home. Views of stocked pond (bass) & piered gazebo from dining, front porch, kitchen & 3rd bedroom. Outdoor green space enhanced by gorgeous diving pool, abundant decking, storage shed, & 2nd gazebo. 30x40 enclosed metal shop equipped with electric & separate overhead bays, & posterior covered storage. Second home pad site on property (originally planned build site) opens new construction possibilities. Additional property photos & video tour available.

Investor Tools

Property Icon
$894,556
Estimated Property Value
$647,200Estimated Mortgage Balance
$291,468Estimated Equity
28% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$5,970 /month
Positive
Cash Flow Estimate:
$1,990 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,379/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$12,070
$894,556
2025
$552,300
$342,256
$894,556
No

Tax History

Year
Tax Paid
Assessed Value
2024
$12,070
$894,556

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
American Finance House Lariba
Conventional
$647,200
No
First
Sep 30, 2022
Oct 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$603,088
$291,468
32%
67%
$3,881/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,572/mo
$3,881/mo
$-1,309/mo
3.5%

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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2511 State Highway 78 N | Property Details | No Agent List