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$385,000

NAL Estimated Property Value

309 Vz County Road 4224, Canton, TX, 75103

Off MarketInfo
Baths1,750 Sq Ft
price_per_sqft$282.86 / sqft
Year BuiltBuilt in 1955

Highlights

Interior

Garage AvailableGarage Available
AppliancesElectric Cooktop
FlooringConcrete

Exterior

Lot Size1 acre

Building Information

Year Built1961
Stories1
Garage Spaces1

Land Information

APN016.0165.0020.0000.0001
Land UseResidential
Legal DescriptionACRES: 1.000 ABST: 165 SUR: J CARTER
Census Tract950602
Assessed Land Value$18,400
Assessed Improvement Value$190,600
Assessment Year2025

About this property

Tract 1= 1750sq ft Farmhouse with concrete floors, electricity, and deep well on 31 acres with old 1000 sq ft dairy barn. This property is 1 of 3 tracts offered from a local family farm where cattle have grazed for the last 70 years. Tract 1 is located in the coveted Canton School District and in a very desirable part of Van Zandt County close to Martins Mill and Ben Wheeler. Lots of wildlife. Buy this tract or all 3 together. See other tract listings. Buyer to verify room sizes.

Investor Tools

Property Icon
$385,000
Estimated Property Value
$374,499Estimated Mortgage Balance
$10,501Estimated Equity
2% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,970 /month
Positive
Cash Flow Estimate:
$990 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$308/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,773
$209,000
2025
$18,400
$190,600
$209,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,773
$209,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Supreme Lending
Conventional
$413,250
No
First
Jun 30, 2021
Jul 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$374,499
$10,501
2%
97%
$2,478/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: Canton

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