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$413,000

NAL Estimated Property Value

3197 Gunsmoke Drive, Farmersville, TX, 75442

Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths1,987 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$145.45 / sqft
Year BuiltBuilt in 2015

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesConvection Oven, Dishwasher, Disposal, Double Oven, Electric Range, Microwave, Plumbed For Ice Maker, Water Softener
FlooringCarpet, Ceramic Tile, Wood

Exterior

Exterior FeaturesFire Pit, Rain Gutters, Storage
Lot Size1 acre

Building Information

Year Built2015
Stories1
Garage Spaces2

Land Information

APNR-8858-000-0680-1
Lot Number68
SubdivisionSilver Creek Estates Phase One
Land UseResidential
Legal DescriptionSILVER CREEK ESTATES PHASE ONE, LOT 68
Census Tract031102
Assessed Land Value$100,000
Assessed Improvement Value$288,864
Assessment Year2025

About this property

Enjoy easy living in this quiet, single-story home located on a cul-de-sac street. Brilliant sunrises enhance the oversized covered patio overlooking an acre of open space and firepit. While it feels like country living, you are just 15 minutes to town! Fall in love with the private floor plan built around a living room that showcases a stone fireplace and lovely hardwood flooring. The kitchen is made for entertaining with its upgraded double oven, lengthy granite countertops, and ample storage. A sun-filled flex room is great for an office or dining room. In the 2-car garage, you’ll find extra space for a workbench or truck! Easily transform this acre lot into your dream retreat without worrying about an HOA.

Investor Tools

Property Icon
$413,000
Estimated Property Value
$254,651Estimated Mortgage Balance
$158,349Estimated Equity
38% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,478 /month
Positive
Cash Flow Estimate:
$826 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$543/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,454
$388,864
2025
$100,000
$288,864
$388,864
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,454
$388,864

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Quicken Loans Llc
Va
$289,000
Yes
First
Apr 24, 2020
May 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$254,651
$158,349
38%
62%
$1,733/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,972/mo
$1,733/mo
+$239/mo
5.7%

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: Farmersville

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3197 Gunsmoke Drive | Property Details | No Agent List