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$550,000

NAL Estimated Property Value

3473 County Road 648, Farmersville, TX, 75442

$715,000 ARVInfo
Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths2,700 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$142.59 / sqft
Year BuiltBuilt in 2019

Property Lead Type:

Off-Market ListARV FlipAbsentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2.5Bathrooms Full 2.5
AppliancesDishwasher, Electric Range, Microwave, Plumbed For Ice Maker, Vented Exhaust Fan, Electric Water Heater
FlooringCarpet, Ceramic Tile, Wood

Exterior

Exterior FeaturesRain Gutters
Lot Size2.27 acres

Building Information

Year Built2018
Stories2
Garage Spaces2

Land Information

APNR-3834-000-0090-1
Lot Number9
SubdivisionIndian Hills Estates (Gcn)
Land UseResidential
Legal DescriptionINDIAN HILLS ESTATES (GCN), LOT 9
Census Tract031102
Assessed Land Value$176,158
Assessed Improvement Value$346,457
Assessment Year2025

About this property

Gorgeous home that fits the fantastic views! New construction with impeccable touches throughout. Stone and brick elevation with covered porches and shady treed front yard. Livingroom has stone, electric fireplace, ceiling fan, beautiful wood floors that continue into the formal dining, breakfast room & kitchen. Kitchen has stainless appliances, including a french door range, wood cabinetry and walk-in pantry! Huge master suite with tray ceiling and spa-like bathroom with garden tub, shower with tile surround, granite double vanity, oversize-tile floors, & large walk-in closet. Gameroom & full bath up! Sidewalks, flower beds in front. Lg back covered porch . Attached 2 car garage and concrete pad. See 3D tour!

Investor Tools

Property Icon
$550,000
Estimated Property Value
$260,654Estimated Mortgage Balance
$289,346Estimated Equity
52% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
$715,000
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,300 /month
Positive
Cash Flow Estimate:
$1,100 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$675/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,346
$522,615
2025
$176,158
$346,457
$522,615
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,346
$522,615

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Finance Of America Mortgage Llc
Conventional
$292,200
No
First
Oct 13, 2020
Nov 2035

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$260,654
$289,346
52%
47%
$1,752/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,972/mo
$1,752/mo
+$220/mo
4.3%

Learn About the Market: Opportunity in Texas

Local Market Pages
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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: Farmersville

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