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$499,000

$525,000

5000 Fm 2947, Greenville, TX, 75402

On MarketInfo
Price DropInfo
Beds3 Beds
Baths2 Bath
Baths1,756 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$284.17 / sqft
Year BuiltBuilt in 2021

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Half 2Bathrooms Half 2
Garage AvailableGarage Available
AppliancesDishwasher, Disposal, Gas Range, Gas Water Heater, Microwave, Refrigerator, Tankless Water Heater
FlooringConcrete

Exterior

Exterior FeaturesRain Gutters, Private Yard, RV Hookup, Storage
Lot Size4.04 acres

Building Information

Year Built2021
Stories1
Garage Spaces2

Land Information

APN0945-0730-0010-50
SubdivisionSmith Amos
Land UseResidential
Legal DescriptionA0945 SMITH AMOS,TRACT 73-1, ACRES 4.04
Census Tract961102
Assessed Land Value$44,660
Assessed Improvement Value$269,690
Assessment Year2025

About this property

USDA eligible, 0% down! Welcome to country living the Texas way at 5000 FM 2947 in Greenville, where wide-open skies, room to roam, and modern comfort all come together on a little over 4 acres. Built in 2021, this approximately 1,800 square foot home offers 3 bedrooms, 2 full bathrooms, a flexible game room, and an open-concept kitchen and living area designed for easy everyday living and comfortable entertaining. Whether you’re hosting friends after a day on the lake or enjoying a quiet evening at home, the layout is both functional and inviting. A 2-car garage plus an additional carport provide ample space for vehicles, equipment, and storage. Located outside the city limits and outside the ETJ, the property offers added freedom and privacy. Much of the acreage currently benefits from an agricultural exemption, and property taxes can be even lower once a homestead exemption is filed. The land is well suited for country living and hobby farming, with electric fencing, two gated entrances with gravel driveways, multiple outbuildings, and a small creek running along the back of the property that provides an additional natural water source for livestock. Two Katahdin sheep (male and female) and related agricultural equipment will convey, along with a chicken coop, bunny shed, two refrigerators, and one freezer. Electrical features include approximately 100-amp service, a 30-amp camper hookup, and a 220V outlet in the garage suitable for EV charging. Located less than 10 miles from the Caddo Creek Public Boat Ramp at Lake Tawakoni, you’ll enjoy quick access to fishing, boating, and outdoor recreation while still coming home to peaceful surroundings. 10 year builder's structural warranty is fully transferable! If you’ve been looking for modern construction, usable acreage, and the kind of space that lets you truly enjoy the land, this property delivers authentic Texas country living with practical comforts already in place.

Investor Tools

$262,444Estimated Mortgage Balance
$281,556Estimated Equity
51% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,264 /month
Positive
Cash Flow Estimate:
$1,088 /month

Interested in this property?

Jennifer Cloud

Prominus, LLC

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$666/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,275
$314,350
2025
$44,660
$269,690
$431,670
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,275
$314,350

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Crosscountry Mortgage Llc
Conventional
$284,200
No
First
May 23, 2022
Jun 2037

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$262,444
$281,556
51%
48%
$1,704/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: Greenville

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5000 Fm 2947 | Property Details | No Agent List