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$298,000

NAL Estimated Property Value

408 Blackmon Trail, Bells, TX, 75414

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,719 Sq Ft
price_per_sqft$98.31 / sqft
Year BuiltBuilt in 1998

Property Lead Type:

Off-Market ListHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 2Bathrooms 2
Garage AvailableGarage Available
AppliancesDishwasher, Disposal, Electric Range, Microwave, Plumbed For Ice Maker
FlooringCarpet, Ceramic Tile

Exterior

Lot Size16,618 sqft

Building Information

Year Built1998
Garage Spaces2

Land Information

APN147B6815010
Lot Number10
SubdivisionThoroughbred Ridge
Land UseResidential
Legal DescriptionTHOROUGHBRED RIDGE, LOT 10
Census Tract000101
Assessed Land Value$51,733
Assessed Improvement Value$223,816
Assessment Year2025

About this property

DRASTIC PRICE REDUCTION. OWNER SAYS SELL NOW! This well cared for home is move in ready. Quality kitchen cabinets in the big kitchen. Living and dining areas are open and have a cozy fireplace with gas logs. The big covered patio is a great spot to enjoy the Texas sunsets. Lots of room in the backyard for a garden or dogs or kids. Don't miss the storage building out back. Bells ISD! Quick commute to Sherman-Denison and just 30 min north of McKinney. Don't miss out on this great opportunity to enjoy the good life in Bells. SOLD AS IS

Investor Tools

Property Icon
$298,000
Estimated Property Value
$249,618Estimated Mortgage Balance
$48,382Estimated Equity
16% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,788 /month
Positive
Cash Flow Estimate:
$596 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$476/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,222
$275,549
2025
$51,733
$223,816
$275,549
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,222
$275,549

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Rocket Mortgage Llc
Conventional
$251,813
No
First
Nov 19, 2025
Dec 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$249,618
$48,382
16%
84%
$1,510/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.

Explore Texas Explore This Area
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: Bells

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408 Blackmon Trail | Property Details | No Agent List