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$468,972

NAL Estimated Property Value

410 E Fm 550, McLendon Chisholm, TX, 75032

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths1,951 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$228.09 / sqft
Year BuiltBuilt in 1987

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Bathrooms Half 1Bathrooms Half 1
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating Heat PumpHeating Heat Pump
AppliancesDishwasher, Disposal
FlooringCarpet, Ceramic Tile, Combination, Laminate, Vinyl

Exterior

Lot Size3.23 acres

Building Information

Year Built1987
Stories1
Garage Spaces2

Land Information

APN0079-0000-0012-04-0R
SubdivisionL Easterwood
Land UseResidential
Legal DescriptionA0079 L EASTERWOOD, TRACT 12-4, ACRES 3.23
Census Tract040513
Assessed Land Value$277,780
Assessed Improvement Value$191,192
Assessment Year2025

About this property

Discover this charming 3 bedroom, 2 bath brick home nestled on more than 3 acres within the highly desirable Rockwall ISD. Designed for both everyday comfort and practical living, this property offers plenty of space inside and out. The home features a bright, open concept layout with granite countertops, a separate dining space, and a private office ideal for remote work or study. A cozy fireplace adds warmth and character to the main living area, while the spacious primary bedroom includes a generous walk in closet. With over 3 acres to enjoy, there’s plenty of room for outdoor living, entertaining, or simply relaxing in a peaceful setting. Conveniently located near shopping, restaurants, and award winning schools, this property offers the best of country style living with easy access to modern amenities. Don’t miss the opportunity to make this beautiful property your next home schedule a showing today!

Investor Tools

Property Icon
$468,972
Estimated Property Value
$134,207Estimated Mortgage Balance
$334,765Estimated Equity
71% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,814 /month
Positive
Cash Flow Estimate:
$938 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$956/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$9,127
$468,972
2025
$277,780
$191,192
$468,972
No

Tax History

Year
Tax Paid
Assessed Value
2024
$9,127
$468,972

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Mortgage Financial Services Llc
Conventional
$151,060
No
First
Sep 28, 2020
Oct 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$134,207
$334,765
71%
29%
$906/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,310/mo
$906/mo
+$1,404/mo
5.9%

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: McLendon Chisholm

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