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A+
NoAgentList RatingHow are grades calculated? Info

$492,202

2987 County Road 2639, Caddo Mills, TX, 75135

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,586 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$120.65 / sqft
Year BuiltBuilt in 1999

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Gas Cooktop, Gas Range, Plumbed For Ice Maker
FlooringCarpet, Ceramic Tile, Laminate

Exterior

Exterior FeaturesRain Gutters, Storage, Other
Lot Size2 acres

Building Information

Year Built1999
Stories2
Roof Type105
Garage Spaces3

Land Information

APN2588-0000-0090-10
Lot Number9
SubdivisionCottonwood Estates
Land UseResidential
Legal DescriptionS2588 COTTONWOOD ESTATES LOT 9 ACRES 2.0
Census Tract961401
Assessed Land Value$168,000
Assessed Improvement Value$359,040
Assessment Year2025

About this property

Your front porch awaits! Amazing home on 2 acres in Caddo ISD. This 4 bedroom home has 2.5 bathrooms, an oversized 3 car garage and plenty of room for the whole family! The kitchen has granite, stainless appliances and a gas range and is open to a large family room and den. Flex spaces on the first floor are being utilized as a dining room and office. Large utility room with space for a freezer. Master has separate tub and shower, double vanity and a walk in closet. Secondary bedrooms are spacious and there is an additional bonus room upstairs. Outside features a covered porch looking out onto the beautifully tree lined property. Bring your horses and enjoy! Large storage shed conveys with the property.

Investor Tools

Property Icon
$492,202
Estimated Property Value
$461,487Estimated Mortgage Balance
$34,737Estimated Equity
6% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,953 /month
Positive
Cash Flow Estimate:
$984 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$764/month
$150/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,705
$492,202
2025
$168,000
$359,040
$527,040
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,705
$492,202

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Crosscountry Mortgage Llc
Fha
$461,487
Yes
First
Nov 3, 2025
Dec 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$457,465
$34,737
7%
93%
$2,767/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: Caddo Mills

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2987 County Road 2639 | Property Details | No Agent List