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$271,000

3471 Evergreen Ln, Caddo Mills, TX, 75135

Off MarketInfo
Baths0 Bath
Unimproved LandUnimproved Land

Highlights

Interior

Bathrooms 0Bathrooms 0

Exterior

Lot Size1.14 acres

Land Information

APN5517-0000-0150-10
Lot Number15
SubdivisionWhispering Winds
Land UseOther / Unknown
Legal DescriptionS5517 WHISPERING WINDS LOT 15 ACRES 1.144
Census Tract961300
Assessed Land Value$131,350
Assessment Year2025

About this property

Welcome home to Whispering Winds, nestled in Caddo Mills, where timeless charm meets refined country living minutes from I-30 and within highly sought after Caddo Mills ISD. Spanning 1+ acre, each homesite boasts architectural diversity, embracing Craftsman, Southern Cottage, Modern Farmhouse, Texas Traditional, and Tudor styles. Architectural guidelines ensure 75% Hardy Plank, Cedar Shake, or Batt & Board siding, complemented by 25% stone and-or painted brick. With a minimum of 2000sf for one-story and 2500sf for two-story homes, the community fosters spaciousness and rural living. Metal buildings and detached garages, from 2 to 6 cars, are allowed but must be cohesive with the main structure. Utilities and fiber optics are onsite, propane tanks are allowed but must be buried. Choose from a list of builders or have your own vision brought to life and bring your own builder. Construction must start within 2 years of lot purchase.

Investor Tools

Property Icon
$271,000
Estimated Property Value
$707,750Estimated Mortgage Balance
$0Estimated Equity
-161% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,626 /month
Positive
Cash Flow Estimate:
$542 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$302/month
$250/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,267
$131,350
2025
$131,350
N/A
$131,350
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,267
$131,350

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Crosscountry Mortgage Llc
Building Or Construction Loan
$707,750
No
First
Nov 15, 2024
Dec 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$688,866
N/A
0%
254%
$4,244/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: Caddo Mills

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3471 Evergreen Ln | Property Details | No Agent List