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$592,580

NAL Estimated Property Value

308 Farmview Parkway, McGregor, TX, 76657

$599,495 ARVInfo
Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths2,056 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$291.78 / sqft
Year BuiltBuilt in 2020

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
HeatingHeating
CoolingCooling
AppliancesGas Water Heater, Tankless Water Heater, Disposal, Microwave
FlooringConcrete

Exterior

Exterior FeaturesBuilt-in Barbecue
Lot Size5 acres

Building Information

Year Built2020
Stories1
Roof Type105
Garage Spaces2

Land Information

APN340346220002000
Lot Number2
SubdivisionFarmview Addition
Land UseAgriculture / Farming
Legal DescriptionFARMVIEW ADDITION LOT 2 BLOCK 1 ACRES 5.0
Census Tract003902
Assessed Land Value$84,440
Assessed Improvement Value$508,140
Assessment Year2025

About this property

Step into a haven of modern comfort and natural beauty with this exquisite 3-bedroom, 2-bathroom home situated on a sprawling 5-acre lot. The open floor plan, featuring vaulted ceilings and wood beams, creates an immediate sense of spaciousness and airiness, seamlessly connecting each area of the home. The heart of this residence is a beautiful trifecta of open kitchen, dining room and living room. The gorgeous kitchen, with all-included appliances, is perfectly designed for hosting memorable gatherings. With expansive cabinetry, ample pantry space, and a spacious island, it promises to be the hub of many joyous celebrations. The dining space is surrounded by windows to a panoramic pasture view, instantly becoming the best seat in the house. The living room, graced with a floor-to-ceiling black fireplace, provides both warmth and a touch of sophistication. The master suite is a true retreat, featuring a spacious master bath with a luxurious shower and bathtub. A massive walk-in closet, complete with an island, has ample amounts of storage ensuring a place for everything. It also has direct access to the laundry area for utmost convenience. Outside, discover a fenced backyard, a private oasis perfect for relaxation or entertaining guests. The property boasts a sprinkler system for easy lawn maintenance, ensuring your outdoor space is as pristine as it is inviting. But the allure doesn't end there. This property presents an exciting canvas of possibilities with five acres awaiting your creative touch. Whether you envision a garden retreat, a hobby farm, or simply open space to explore, the potential is limitless. Make your dreams a reality—schedule a viewing today and experience the harmonious blend of tranquility and modern sophistication that awaits you at 308 Farmview Parkway.

Investor Tools

Property Icon
$592,580
Estimated Property Value
$382,032Estimated Mortgage Balance
$210,548Estimated Equity
35% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$599,495
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,599 /month
Positive
Cash Flow Estimate:
$1,200 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$933/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$8,235
$592,580
2025
$84,440
$508,140
$592,580
No

Tax History

Year
Tax Paid
Assessed Value
2024
$8,235
$592,580

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Cmg Mortgage Inc
Conventional
$395,000
No
First
Jul 22, 2024
Aug 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$382,032
$210,548
35%
64%
$2,369/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,510/mo
$2,369/mo
$-859/mo
3.1%

Learn About the Market: Opportunity in Texas

Local Market Pages
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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: McGregor

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308 Farmview Parkway | Property Details | No Agent List