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$424,603

NAL Estimated Property Value

4391 County Road 2602, Caddo Mills, TX, 75135

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,501 Sq Ft
price_per_sqft$206.53 / sqft
Year BuiltBuilt in 2020

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 2Bathrooms 2
Garage AvailableGarage Available
AppliancesDishwasher, Disposal, Electric Oven, Gas Cooktop, Microwave, Plumbed For Ice Maker, Vented Exhaust Fan
FlooringConcrete

Exterior

Exterior FeaturesFire Pit, Rain Gutters, Lighting
Lot Size1.04 acres

Building Information

Year Built2020
Stories1
Garage Spaces2

Land Information

APN3228-000A-0120-10
Lot Number12
SubdivisionGriggs Acres Ph 4
Land UseResidential
Legal DescriptionS3228 GRIGGS ACRES PH 4 BLK A LOT 12 ACRES 1.04
Census Tract961402
Assessed Land Value$123,300
Assessed Improvement Value$321,720
Assessment Year2025

About this property

Outstanding Custom S Clements Home on ONE ACRE! Here’s your opportunity whether your a first time home buyer or down sizing. Home offers 3 bedrooms, 2 bath with a open living floor plan. This home features soaring cathedral ceilings, beautiful windows in the master bedroom, fun outdoor living space with a fireplace ready to build s’mores with the family. Granite counters throughout, stainless appliances, decorative lighting, Stain concrete. Convenient to Caddo Mills schools and I-30.THIS HOME IS ANTICIPATED TO BE COMPLETE BY THE END OF MAY 2020!

Investor Tools

Property Icon
$424,603
Estimated Property Value
$239,516Estimated Mortgage Balance
$185,087Estimated Equity
43% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,548 /month
Positive
Cash Flow Estimate:
$849 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$618/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,298
$424,603
2025
$123,300
$321,720
$445,020
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,298
$424,603

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Highlands Residential Mortgage Ltd
Fha
$270,146
Yes
First
Jul 17, 2020
Aug 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$239,516
$185,087
43%
56%
$1,620/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: Caddo Mills

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4391 County Road 2602 | Property Details | No Agent List