$269,000
304 E Mcfarland St, Grandview, TX, 76050
$269,375 ARV
On Market
Property Lead Type:
Must-SellAbsentee Owner
Highlights
Interior
AppliancesGas Range, Microwave
FlooringCarpet, Vinyl, Wood
Exterior
Lot Size19,166 sqft
Building Information
Year Built1930
Land Information
APN126.3265.01610
Lot Number1B
Land UseResidential
Legal DescriptionLOT 1B BLK 34 ORIGINAL TOWN GRANDVIEW AKA RAMSEY ADDN
Census Tract130501
Assessed Land Value$55,000
Assessed Improvement Value$193,943
Assessment Year2025
About this property
Step back in time with this charming 1930s home in Grandview, TX! Featuring 3 bedrooms and 2 bathrooms, this property offers timeless character with beautiful hardwood floors and the warmth of natural gas. Situated among large, mature trees, the property offers a touch of shade and classic Texas charm. Whether you're looking for a home with character or an opportunity to make the space your own, this property is full of potential. Come see the possibilities this home has to offer! Located in the highly rated Grandview ISD.
Investor Tools
$221,367Estimated Mortgage Balance
$30,464Estimated Equity
11% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$269,374
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,614 /month
Positive
Cash Flow Estimate:
$538 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$306/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,425
$248,943
2025
$55,000
$193,943
$248,943
No
Tax History
Year
Tax Paid
Assessed Value
2025
$2,425
$248,943
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Academy Mortgage Corp
Fha
$230,743
Yes
First
Feb 28, 2024
Mar 2054
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$221,367
$27,576
11%
89%
$1,384/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,972/mo
$1,384/mo
+$588/mo
9.5%
