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$1,980,000

3555 Farm Road 1734, Mount Pleasant, TX, 75455

Off MarketInfo
Beds4 Beds
Baths5 Bath
Baths6,077 Sq Ft
FarmFarm
price_per_sqft$329.11 / sqft
Year BuiltBuilt in 2002

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 4Bathrooms Full 4
AppliancesRefrigerator, Built-In Gas Range, Built-In Refrigerator, Dishwasher, Microwave

Exterior

Lot Size25.78 acres

Building Information

Year Built2002
Garage Spaces3

Land Information

APN104172
SubdivisionSherrill, John Abs
Land UseResidential
Legal DescriptionSHERRILL, JOHN ABS 00516 TR 520, 521, & 1210 25.78 AC
Census Tract950302
Assessed Land Value$758,009
Assessed Improvement Value$920,794
Assessment Year2025

About this property

Lakeside Estate Tankersley Lake Discover an exceptional property situated at a premium point location on Tankersley Lake, a magnificent 245-acre waterscape. This expansive property offers the perfect balance of established luxury and future opportunity, with both private road access and a secure gated entry ensuring your privacy. Nestled along the serene shorelines of Tankersley Lake, this magnificent residence stands as a testament to refined country living, approximately 7minutes from town. With an impressive 6,077 square feet of meticulously designed living space, this estate offers four bedrooms, four bathrooms—and a half bath, creating the perfect balance of grandeur and comfort. The primary bedroom suite, a veritable sanctuary while hosting additional 3 bedrooms, a media room with closet, an office. and additional living quarters onsite. Remain in touch with the outside world with a private internet tower, generator to avoid interruption due toany natural occurrence. The attic space is floored making additional storage or access a breeze and 20 foot ceiling in family room. The expansive grounds feature thoughtfully curated outdoor spaces that seamlessly blend with the natural landscape, creating a harmonious retreat from the routines of everyday life.The entire property is fenced, providing 3 separate pens for farm animals, if that is your desire. There is a deep well on site, sprinkler system, a 40x60 shop and outdoor basketball court.The covered patio offers panoramic lake views in all seasons. The prime position on a point lot maximizes water frontage and views. Perhaps most compelling is the land development opportunity this property presents surrounding the residence, possibilities abound for additional structures or subdivision, subject to local regulations.With long-term investment potential—this property offers a rare combination in today's market, a jewel that will not last long.

Investor Tools

Property Icon
$1,980,000
Estimated Property Value
$234,000Estimated Mortgage Balance
$1,879,597Estimated Equity
88% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$12,000 /month
Positive
Cash Flow Estimate:
$4,000 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,239/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,972
$1,678,803
2025
$758,009
$920,794
$1,678,803
No

Tax History

Year
Tax Paid
Assessed Value
2025
$4,972
$1,678,803

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Guaranty Bond Bank
Conventional
$234,000
No
First
Apr 22, 2005
May 2020

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$100,403
$1,681,597
94%
5%
$0/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: Mount Pleasant

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3555 Farm Road 1734 | Property Details | No Agent List