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$459,900

$469,000

2982 Fm 2194, Farmersville, TX, 75442

On MarketInfo
Price DropInfo
Beds3 Beds
Baths3 Bath
Baths2,371 Sq Ft
price_per_sqft$193.97 / sqft
Year BuiltBuilt in 1983

Property Lead Type:

Absentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Bathrooms Half 1Bathrooms Half 1
AppliancesDishwasher, Disposal, Electric Range, Microwave
FlooringVinyl

Exterior

Exterior FeaturesRain Gutters, RV Hookup, Storage, Garden
Lot Size2.64 acres

Building Information

Year Built1983
Stories1

Land Information

APNR-7010-000-0080-1
Lot Number8
SubdivisionWilliam Weeks Survey
Land UseResidential
Legal DescriptionABS A1010 WILLIAM WEEKS SURVEY, TRACT 8, 2.64 ACRES
Census Tract031101
Assessed Land Value$204,600
Assessed Improvement Value$243,013
Assessment Year2025

About this property

PRICED TO SELL!! Don't miss this rare opportunity to own 2.59 acres and a beautifully updated home offering space, privacy, and endless opportunities with one of the best values for acreage in the area. Paradise awaits you with a fully stocked pond with catfish and bluegill and beautiful seasonal flowers providing color throughout the property. No HOA, PID or MUD. This charming single story full brick home has 3 BR, 2.5 BA, 2 dining, and 2 living. The large secondary living area could be used for a bedroom, game room or MIL suite with its' own entrance, a kitchenette with built ins, and a bathroom just around the corner. This room is split from the other bedrooms. Many recent updates have been completed including new LVP flooring and baseboards throughout, new paint throughout, bathrooms have been remodeled, kitchen cabinets painted with added backsplash, and new lighting. Kitchen is equipped with a breakfast bar, walk in pantry and is open to the living area. Large master bedroom has an ensuite with dual sinks, oversized walk in shower, and 3 walk in closets. Nice sized secondary bedrooms with large Jack and Jill bathroom. This property gives you plenty of space inside and outside under your covered back patio enjoying the spectacular expansive views. This is a Country oasis but all within close proximity to amenities of the city. New storage shed is very spacious. Riding lawnmower and bucket trailer are negotiable.

Investor Tools

$358,359Estimated Mortgage Balance
$112,306Estimated Equity
23% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,820 /month
Positive
Cash Flow Estimate:
$940 /month

Interested in this property?

Maribeth MacDougall

RE/MAX Four Corners

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$652/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,473
$447,613
2025
$204,600
$243,013
$447,613
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,473
$447,613

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Crosscountry Mortgage Llc
Conventional
$389,500
No
First
Mar 4, 2022
Apr 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$358,359
$111,641
23%
76%
$2,336/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.

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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2982 Fm 2194 | Property Details | No Agent List