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$226,000

NAL Estimated Property Value

310 N Rike Street, Farmersville, TX, 75442

Off MarketInfo
Beds3 Beds
Baths1 Bath
Baths1,168 Sq Ft
price_per_sqft$158.39 / sqft
Year BuiltBuilt in 1985

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 1Bathrooms 1
Garage AvailableGarage Available
AppliancesDishwasher, Electric Range
FlooringCarpet, Vinyl

Exterior

Lot Size8,795 sqft

Building Information

Year Built1985
Stories1
Garage Spaces1

Land Information

APNR-1058-009-032A-1
Lot Number32A
SubdivisionHowell Addition (Cfc)
Land UseResidential
Legal DescriptionHOWELL ADDITION (CFC), BLK 9, LOT 32A
Census Tract031101
Assessed Land Value$92,500
Assessed Improvement Value$101,363
Assessment Year2025

About this property

Perfect starter home or rental property. Huge mature shade trees in front yard. Covered vehicle carport and Covered RV parking with slab. This 3 bedroom, 1 bath home has stucco exterior, oversized utility room, dining room and storage room. Located walking distance to elementary school and downtown Farmersville. Back yard has small storage shed and is fenced. Detached garage is NOT included and belongs to the home next door which can also be purchased. Recent updates include new roof in 2018, 2022 interior paint and new carpet.

Investor Tools

Property Icon
$226,000
Estimated Property Value
$667,808Estimated Mortgage Balance
$226,000Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,356 /month
Positive
Cash Flow Estimate:
$452 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$464/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,434
$193,863
2025
$92,500
$101,363
$193,863
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,434
$193,863

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
First Bank
Conventional
$575,100
No
First
Jan 13, 2023
Feb 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$667,808
N/A
0%
295%
$4,268/mo

City: Farmersville

310 N Rike Street | Property Details | No Agent List