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$350,017

NAL Estimated Property Value

3740 County Road 1014, Farmersville, TX, 75442

Off MarketInfo
Beds5 Beds
Baths3 Bath
Baths2,016 Sq Ft
Mobile HomesMobile Homes
price_per_sqft$114.09 / sqft
Year BuiltBuilt in 1997

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 5Bedrooms 5
Bathrooms 3Bathrooms 3
AppliancesDishwasher, Electric Oven, Plumbed For Ice Maker, Vented Exhaust Fan, Electric Water Heater
FlooringWood

Exterior

Lot Size2.18 acres

Building Information

Year Built1997
Stories1

Land Information

APNR-2063-000-0160-1
Lot Number16
SubdivisionElm Creek Estates
Land UseResidential
Legal DescriptionELM CREEK ESTATES, LOT 16; SN1: DSDAL19404A, SN2: DSDAL19404B, HUD1: NTA0662232, HUD2: NTA0662233
Census Tract031102
Assessed Land Value$163,500
Assessed Improvement Value$186,517
Assessment Year2025

About this property

Must see 5 bedroom, 3 bath, 2 living areas. Newly remodeled from floor to ceiling. New flooring throughout, paint, HVAC, roof, 3 decks, ceiling fans, electrical panel and outlets. Partially fenced in yard off the back door, great for kids or pets. Second living area with dry erase wall. Has a 30x30 carport with 12 foot walls and a 20x30 carport with 11 foot walls. Fruit trees planted last year in the front yard and pecan trees planted in the back. Great quiet neighborhood on a cul-de-sac, within Farmersville school district. Perfect country living but still close to main cities. Just minutes away from Lake Lavon!

Investor Tools

Property Icon
$350,017
Estimated Property Value
$198,080Estimated Mortgage Balance
$151,937Estimated Equity
43% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,100 /month
Positive
Cash Flow Estimate:
$700 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$398/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,031
$350,017
2025
$163,500
$186,517
$350,017
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,031
$350,017

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Guild Mortgage Co
Fha
$223,870
Yes
First
Jun 10, 2020
Jul 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$198,080
$151,937
43%
57%
$1,343/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: Farmersville

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3740 County Road 1014 | Property Details | No Agent List