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$300,000

2875 County Road 655, Farmersville, TX, 75442

$388,778 ARVInfo
Off MarketInfo
Beds2 Beds
Baths1 Bath
Baths1,200 Sq Ft
FarmFarm
price_per_sqft$250 / sqft
Year BuiltBuilt in 2016

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms 1Bathrooms 1
AppliancesDryer, Electric Range

Exterior

Private PoolPrivate Pool
Lot Size8.33 acres

Land Information

APNR-6448-002-1380-1
Lot Number138
SubdivisionWilliam Hemphill Survey
Land UseOther / Unknown
Legal DescriptionABS A0448 WILLIAM HEMPHILL SURVEY, SHEET 2, TRACT 138, 8.3333 ACRES
Census Tract031101
Assessed Land Value$374,999
Assessed Improvement Value$6,032
Assessment Year2025

About this property

Spacious Acreage with a 2 bedroom home, above ground pool and deck, and livestock potential, just minutes from town. Nestled along a scenic county road, this remarkable 8+ acre property offers the perfect blend of open space and rural charm- only about 3 miles from the welcoming community of Farmersville. A dry creek bed cuts through the property, naturally dividing it. The northern part is ideally suited for livestock, with open grazing and mature trees for shade and shelter. A cozy home with practical metal siding offers low maintenance and durability. Enjoy sunny Texas afternoons with a refreshing above ground pool and spacious deck- perfect for relaxing, entertaining guests, or taking in sweeping views of your property. There is ample room for hobby farming, livestock, recreation, or future development. There is no survey available. UPDATE: Many land improvements recently done: Three acres have been cleared of thick brush and fallen trees. 2 driveways made to access back property. Brush hog done on entire property. Property boundaries have been cleared and mowed. Smoothed out rough and unlevel ground. Dug out creek banks for smoother water flow.

Investor Tools

Property Icon
$381,031
Estimated Property Value
$0Estimated Mortgage Balance
$47,357Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$388,777
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,286 /month
Positive
Cash Flow Estimate:
$762 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$524/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,379
$381,031
2025
$374,999
$6,032
$381,031
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,379
$381,031

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
American Financial Resources Inc
Conventional
$336,608
No
First
Nov 14, 2025
Dec 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$333,674
$47,357
12%
88%
$2,019/mo

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.

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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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