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$199,900

510 Chisholm Hills Dr, New Fairview, TX, 76078

$209,107 ARVInfo
Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,792 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$111.55 / sqft
Year BuiltBuilt in 1996

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Heating CentralHeating Central
CoolingCooling
AppliancesElectric Range

Exterior

Lot Size2 acres

Building Information

Year Built1996
Roof Type158

Land Information

APNR1770.0022.00
Lot Number22
SubdivisionChisholm Hills Ph1
Land UseResidential
Legal DescriptionLOT 22 CHISHOLM HILLS PH1 S# DSETX01653A MANUFACTURER: SOUTHERN ENERGY HOMES SERIAL NUMBER: DSETX01653A SERIAL NUMBER: NTA053
Census Tract150607
Assessment Year2025

About this property

2 acres of land with a 3 bedroom 2 bath 1792 square foot residence in Rhome. Ready for its next owner to move in or someone with vision that likes a project. Well thought out floor plan. Primary and additional bedrooms feature walk in closets. Primary bath has dual vanity and separate soaking tub and shower. Located in Decatur ISD, this home offers an easy commute to Rhome city center, Decatur, and Fort Worth via Highway 287 and 114. Enjoy weekends exploring Lake Bridgeport, — perfect for boating, fishing, and lakeside picnics. Nearby attractions also include, downtown Decatur’s charming courthouse square, the Rhome Veterans Memorial Park and Eagle Mountain Lake. Fine country living in Wise County you won't want to miss!

Investor Tools

Property Icon
$191,000
Estimated Property Value
$190,213Estimated Mortgage Balance
$2,166Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$209,107
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,199 /month
Positive
Cash Flow Estimate:
$400 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$122/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$504
$97,593
2025
N/A
N/A
$262,102
No

Tax History

Year
Tax Paid
Assessed Value
2024
$504
$97,593

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
The Bank Of New York Mellon Trust Co Na
Stand Alone Second / Subordinate Position
$190,213
No
First
Dec 30, 2025
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$188,834
$2,166
1%
99%
$1,141/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: New Fairview

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510 Chisholm Hills Dr | Property Details | No Agent List