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$272,834

NAL Estimated Property Value

3602 Palo Duro Dr, Farmersville, TX, 75442

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,482 Sq Ft
price_per_sqft$155.13 / sqft
Year BuiltBuilt in 2023

Property Lead Type:

Absentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
AppliancesDishwasher, Disposal, Gas Oven, Gas Range, Microwave, Tankless Water Heater, Vented Exhaust Fan
FlooringVinyl

Exterior

Private PoolPrivate Pool
Exterior FeaturesRain Gutters
Lot Size4,792 sqft

Building Information

Year Built2023
Stories1
Garage Spaces2

Land Information

APNR-12956-00F-0340-1
Lot Number34
SubdivisionLakehaven Phase 1 (Gcn)
Land UseResidential
Legal DescriptionLAKEHAVEN PHASE 1 (GCN), BLK F, LOT 34
Census Tract031102
Assessed Land Value$100,000
Assessed Improvement Value$172,834
Assessment Year2025

About this property

Welcome to this beautiful one-story home in the highly sought-after Lakehaven community. Meticulously maintained and truly move-in ready, this home offers a well-designed open-concept floor plan filled with abundant natural light, creating a warm and inviting atmosphere throughout. The energy-efficient, well-maintained HVAC system ensures year-round comfort, keeping you cool in the summer and cozy during the winter months. Step outside to the backyard where a covered patio provides the perfect space to relax, entertain, or enjoy the outdoors in any season. The attached two-car garage adds security, convenience, and plenty of storage. Ideally located on the east side of Lavon Lake, just south of Downtown Farmersville and north of Rockwall, Lakehaven is a thriving and welcoming community. Residents enjoy an impressive array of amenities, including a resort-style pool, scenic walking trails, pickleball courts, and expansive open green spaces. This home combines comfort, efficiency, and an exceptional location—don’t miss the opportunity to make it yours.

Investor Tools

Property Icon
$272,834
Estimated Property Value
$223,898Estimated Mortgage Balance
$49,680Estimated Equity
17% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,637 /month
Positive
Cash Flow Estimate:
$546 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$585/month
$730/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,660
$272,834
2025
$100,000
$172,834
$272,834
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,660
$272,834

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Community Mortgage Llc
Unknown
$234,152
No
First
Dec 13, 2023
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$223,898
$48,936
17%
82%
$1,404/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,972/mo
$2,134/mo
$-162/mo
8.7%

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: Farmersville

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3602 Palo Duro Dr | Property Details | No Agent List