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B+
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$225,000

4860 Fm 68, Wolfe City, TX, 75496

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,204 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$134.97 / sqft
Year BuiltBuilt in 2000

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 2Bathrooms 2
AppliancesElectric Range, Refrigerator
FlooringOther

Exterior

Lot Size31,145 sqft

Building Information

Year Built2000

Land Information

APN86188
Land UseResidential
Legal DescriptionA1210 R WILLIAMSON, ACRES .715
Census Tract950701
Assessed Land Value$37,790
Assessed Improvement Value$183,970
Assessment Year2025

About this property

EXTRA LOT with a 50x30' METAL SHOP comes with this property! Come see! Address shows Wolfe City but it is located in Gober, a small country community located only 45 minutes to McKinney. TWO corner lots, the house sits on one and the metal shop with electricity sits on the opposite corner. New appliances in 2018, all ceiling fans replaced in 2018, roof replaced in 2017, interior and exterior AC unit replaced in 2016. Garage was converted into an extra room, currently being used as the man cave but we are calling it the third bedroom because the armoire will stay with the sale of the house. 8x8 storage building located in the back yard. Nice covered patio! Enjoy a drive to the country and come take a look.

Investor Tools

Property Icon
$225,000
Estimated Property Value
$247,000Estimated Mortgage Balance
$0Estimated Equity
-10% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,350 /month
Positive
Cash Flow Estimate:
$450 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$358/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,165
$221,760
2025
$37,790
$183,970
$221,760
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,165
$221,760

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
First United Bank & Trust Co
Conventional
$247,000
No
First
May 28, 2024
Jun 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$238,124
N/A
0%
106%
$1,481/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: Wolfe City

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4860 Fm 68 | Property Details | No Agent List