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$1,624,000

324 Jim Cannon Rd, Van Alstyne, TX, 75495

Off MarketInfo
Beds4 Beds
Baths5 Bath
Baths3,256 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$552.67 / sqft
Year BuiltBuilt in 2004

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 1.5Bathrooms Full 1.5
Heating CentralHeating Central
AppliancesElectric Oven

Exterior

Lot Size46.89 acres

Building Information

Year Built2004
Stories2
Roof Type109

Land Information

APN285 1346010
SubdivisionWonderly H A-G1346
Land UseResidential
Legal DescriptionG-1346 WONDERLY H A-G1346, ACRES 46.89
Census Tract001802
Assessed Land Value$42,173
Assessed Improvement Value$383,412
Assessment Year2025

About this property

A rare find! This charming property has so much to offer barns, bonus houses and little over 46 acres. The farm features horse barn with stalls, neatly fenced pastures where horses graze lazily and chickens roam freely. A red barn, weathered with age yet sturdy in its structure is perfect to house animals or to bring your visual imagination. You can turn this place into a bed and breakfast, a wedding venue or just make it your own little homestead! Information deemed reliable not guaranteed, buyer to verify all information.

Investor Tools

Property Icon
$1,624,000
Estimated Property Value
$1,360,000Estimated Mortgage Balance
$0Estimated Equity
16% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$10,797 /month
Positive
Cash Flow Estimate:
$3,599 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,256/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,949
$425,585
2025
$42,173
$383,412
$2,073,171
Yes (2023)

Tax History

Year
Tax Paid
Assessed Value
2024
$6,949
$425,585

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Jpmorgan Chase Bank Na
Unknown
$1,360,000
No
First
May 2, 2025
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$2,678,555
N/A
0%
165%
$16,091/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.

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: Van Alstyne

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324 Jim Cannon Rd | Property Details | No Agent List