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$151,704

NAL Estimated Property Value

377 W Audie Murphy Parkway, Farmersville, TX, 75442

Off MarketInfo
Beds2 Beds
Baths1 Bath
Baths888 Sq Ft
price_per_sqft$225.23 / sqft
Year BuiltBuilt in 2002

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 1Bathrooms Full 1
Heating CentralHeating Central
CoolingCooling
AppliancesGas Range
FlooringConcrete, Laminate, Other

Exterior

Lot Size12,930 sqft

Building Information

Year Built2002
Stories1

Land Information

APNR-1062-006-019D-1
Lot Number19D
SubdivisionNeathery & Marble Addition (Cfc)
Land UseResidential
Legal DescriptionNEATHERY & MARBLE ADDITION (CFC), BLK 6, LOT 19D
Census Tract031102
Assessed Land Value$67,883
Assessed Improvement Value$83,821
Assessment Year2025

About this property

Great opportunity to own a Hard corner on busy Highway 380! This property is zoned highway commercial, with City sewer and water available. With paved road frontage on three sides and a daily traffic count of over 20,000 per day – this property has an excellent location and endless potential. The house on site needs total a remodel or demo, but is definitely salvageable and could be converted to a commercial or retail space.

Investor Tools

Property Icon
$151,704
Estimated Property Value
$89,370Estimated Mortgage Balance
$62,334Estimated Equity
41% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,200 /month
Positive
Cash Flow Estimate:
$400 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$361/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,571
$151,704
2025
$67,883
$83,821
$151,704
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,571
$151,704

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Independent Bank
Unknown
$94,090
No
First
Aug 22, 2023
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$89,370
$62,334
41%
59%
$565/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,972/mo
$565/mo
+$1,407/mo
15.6%

City: Farmersville

377 W Audie Murphy Parkway | Property Details | No Agent List