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B+
NoAgentList RatingHow are grades calculated? Info

$199,900

507 Meadowview St, Farmersville, TX, 75442

Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths1,649 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$121.22 / sqft
Year BuiltBuilt in 2005

Property Lead Type:

BankruptcyPre-ForeclosureOff-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Range, Plumbed For Ice Maker
FlooringLaminate, Vinyl

Exterior

Exterior FeaturesRain Gutters, Storage

Building Information

Year Built2005
Stories1
Garage Spaces2

Land Information

APNR-8021-00D-0090-1
Lot Number9
SubdivisionLincoln Heights Addition (Cfc)
Land UseResidential
Legal DescriptionLINCOLN HEIGHTS ADDITION (CFC), BLK D, LOT 9
Census Tract031101
Assessed Land Value$92,500
Assessed Improvement Value$179,841
Assessment Year2025

About this property

Adorable, well maintained 4 bedroom, 2 bath home in an established neighborhood and walking distance to FISD schools is perfect for your family. The interior and exterior have been freshly painted, laminate and vinyl flooring throughout, large master bedroom, master bath with garden tub, separate shower, and large walk-in closet. Covered back patio area, wood privacy fence, storage building, 2 car garage and nicely landscaped. OPEN HOUSE Saturday 21st between 12 - 2.

Investor Tools

Property Icon
$272,341
Estimated Property Value
$274,928Estimated Mortgage Balance
$6,865Estimated Equity
-1% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,634 /month
Positive
Cash Flow Estimate:
$545 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$504/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,684
$272,341
2025
$92,500
$179,841
$272,341
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,684
$272,341

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Rocket Mortgage Llc
Fha
$274,928
Yes
First
Jun 6, 2024
Jul 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$265,476
$6,865
2%
97%
$1,649/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,572/mo
$1,649/mo
+$923/mo
11.3%

Learn About the Market: Opportunity in Texas

Local Market Pages
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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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507 Meadowview St | Property Details | No Agent List