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$231,000

NAL Estimated Property Value

404 W Fowler St, Savoy, TX, 75479

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,772 Sq Ft
price_per_sqft$115.69 / sqft
Year BuiltBuilt in 1962

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
AppliancesDishwasher, Dryer, Gas Range, Washer
FlooringLaminate

Exterior

Lot Size8,712 sqft

Building Information

Year Built1962
Garage Spaces2

Land Information

APN85084
Land UseResidential
Legal DescriptionA1149 J WEEKS, ACRES .2
Census Tract950300
Assessed Land Value$26,400
Assessed Improvement Value$157,000
Assessment Year2025

About this property

Welcome to small town living in the community of Savoy Texas. Located just off Hwy 56, half-way between Sherman and Bonham on the western edge of Fannin County you'll find this wonderfully well maintained 3-2-2 ranch style home on a landscaped interior lot. This residence offers a perfect blend of comfort, style, and convenience. Located in a neighborhood that is close to the school and city park, this home is ideal for families, first-time buyers, or anyone looking to settle into a cozy, well-appointed space. Featuring an open-concept floor plan with a bright, inviting living room that flows seamlessly into the dining area this is the perfect spot for entertaining guests or relaxing with family. From the dining area you can access the fully equipped kitchen with, granite countertops, white and black tile backsplash, stainless steel appliances, ample cabinet space, and a convenient breakfast bar for casual dining. The bedrooms feature a split arrangement with a large master on one side of the home with its own ensuite and the other two bedrooms on the opposite side of the home with a very nice bathroom in between the two bedrooms. Moving into the two-car garage you'll find the washer and dryer hookups along with a tankless water heater that provides and endless stream of hot water for the home and ample storage space as well. Outside the home is a privacy fenced backyard for your pets, and as an added bonus a separate fenced in area for total relaxing and entertaining and a great spot for cookouts. Recent updates include windows, roof, and foundation work. Don't let this one get away, call your favorite realtor for a showing today and make this home your own!

Investor Tools

Property Icon
$231,000
Estimated Property Value
$221,519Estimated Mortgage Balance
$9,481Estimated Equity
4% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,386 /month
Positive
Cash Flow Estimate:
$462 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$287/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,288
$183,400
2025
$26,400
$157,000
$183,400
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,288
$183,400

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Union Home Mortgage Corp
Fha
$225,834
Yes
First
Apr 30, 2025
May 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$221,519
$9,481
4%
96%
$1,354/mo

Learn About the Market: Opportunity in Texas

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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: Savoy

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404 W Fowler St | Property Details | No Agent List