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$1,010

NAL Estimated Property Value

3386 Farm Road 1502, Detroit, TX, 75436

Off MarketInfo
Beds5 Beds
Baths3 Bath
Baths3,250 Sq Ft
price_per_sqft$103.08 / sqft
Year BuiltBuilt in 1998

Highlights

Interior

Bedrooms 5Bedrooms 5
Bathrooms 3Bathrooms 3
AppliancesElectric Range, Plumbed For Ice Maker, Refrigerator, Electric Water Heater
FlooringCeramic Tile, Laminate

Exterior

Exterior FeaturesFire Pit, Storage
Lot Size14.91 acres

Land Information

APN42761
Lot Number52
SubdivisionLcsl Survey
Land UseAgriculture / Farming
Legal DescriptionA528 LCSL SURVEY, TRACT 52, ACRES 14.909
Census Tract000302
Assessed Land Value$1,010
Assessment Year2025

About this property

Updated, modern ranch style country home with beautiful landscaping. Has an addition currently used as additional bedrooms. 4th bedroom has fireplace. 5th bedroom could be used as mother-in-law suite, game room, second living area, etc. & has a full bath, closet & office nook. Beautiful large living room with heater & mock fireplace setup & access to patio & deck. Large separate dining off kitchen. Kitchen updated with stainless appliances, has work island, breakfast bar, pantry, & breakfast dining area. Well organized layout of home. Bring your cattle, horses, etc as has 20 acres fenced pasture with pond, barn, shop & storage building.

Investor Tools

Property Icon
$1,010
Estimated Property Value
$416,312Estimated Mortgage Balance
$1,010Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,010 /month
Positive
Cash Flow Estimate:
$670 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$2/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$23
$1,010
2025
$1,010
N/A
$1,010
No

Tax History

Year
Tax Paid
Assessed Value
2022
$23
$1,010

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Mortgage Research Center Llc
Va
$450,000
Yes
First
May 31, 2022
Jun 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$416,312
N/A
0%
41219%
$2,698/mo

City: Detroit

3386 Farm Road 1502 | Property Details | No Agent List