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$199,000

NAL Estimated Property Value

420 N Washington Street, Farmersville, TX, 75442

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,200 Sq Ft
price_per_sqft$200 / sqft
Year BuiltBuilt in 1951

Property Lead Type:

Off-Market ListHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 2Bathrooms 2
AppliancesDishwasher, Disposal, Gas Cooktop, Gas Oven
FlooringCarpet, Laminate

Exterior

Exterior FeaturesPrivate Yard
Lot Size5,663 sqft

Building Information

Year Built1951
Stories1

Land Information

APNR-1063-006-001B-1
Lot Number1B
SubdivisionPendleton Addition
Land UseResidential
Legal DescriptionPENDLETON ADDITION, BLK 6, LOT 1B
Census Tract031101
Assessed Land Value$78,625
Assessed Improvement Value$107,500
Assessment Year2025

About this property

Adorable 1 story cottage is completely redone from top to bottom. All electrical, plumbing, HVAC, walls, kitchen, bathrooms. Completely redone, and you can tell the contractors put in extra effort to make the home immaculate, like a brand new home!!! Move in Ready!!! Home features lots of new windows, located across street from new Farmersville Elementary School, Walk to new High School, walk to quaint downtown area with restaurants, coffee shops, bars and shops. Very cute! This area is experiencing gentrification, with tear downs and restorations of beautiful homes on larger lots than your typical suburban home. This home features corner lot, a nice metal carport, a storage shed, new paint, neutral colors, leather look granite in the kitchen, exterior siding is pristine. Come and see it!!! You will want to buy it.

Investor Tools

Property Icon
$199,000
Estimated Property Value
$160,743Estimated Mortgage Balance
$38,257Estimated Equity
19% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,440 /month
Positive
Cash Flow Estimate:
$480 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$473/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,677
$186,125
2025
$78,625
$107,500
$186,125
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,677
$186,125

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Standard Mortgage Corp
Unknown
$172,500
No
First
Sep 3, 2022
Nov 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$160,743
$38,257
19%
81%
$1,035/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: Farmersville

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