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$262,000

5409 Fm 726 N, New Diana, TX, 75640

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,424 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$181.18 / sqft
Year BuiltBuilt in 1997

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 2Bathrooms 2
AppliancesElectric Water Heater

Exterior

Lot Size2.49 acres

Building Information

Year Built1997
Garage Spaces2

Land Information

APN37474
Land UseResidential
Legal DescriptionABS A121 DUNN, JAMES M,TRACT 91, 2.492 ACRES & HOUSE
Census Tract950101
Assessed Land Value$87,990
Assessed Improvement Value$155,520
Assessment Year2025

About this property

Location, Curb Appeal and COMPLETELY REMODELED INTERIOR! This charming farmhouse on 2.49 acres is now modernized and move-in ready with plenty of room to add additional houses for friends or family! New paint and light fixtures throughout, new flooring, fully remodeled kitchen, remodeled existing bathroom, and an ENTIRELY NEW BATHROOM ADDED! There is a large living and dining area upon entrance that boasts a beautiful wood burning fireplace for cozy family gatherings while the outdoor patio off of the kitchen area is a haven for peace and tranquility. Split bedroom arrangement is ideal for families and the metal roof is an added bonus. All of this with storage/workshop in the carport, additional storage outbuilding and a barn. Easy access to all surrounding areas right off of Highway 259. This is a must see property with endless opportunities for the unrestricted 2.49 acres! New Diana ISD is the cherry on top!

Investor Tools

Property Icon
$262,000
Estimated Property Value
$250,675Estimated Mortgage Balance
$6,815Estimated Equity
4% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,572 /month
Positive
Cash Flow Estimate:
$524 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$495/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,629
$243,510
2025
$87,990
$155,520
$243,510
No

Tax History

Year
Tax Paid
Assessed Value
2025
$4,629
$243,510

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Summit Funding Inc
Fha
$250,675
Yes
First
Sep 11, 2025
Oct 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$255,185
$6,815
2%
97%
$1,549/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.

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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 Diana

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5409 Fm 726 N | Property Details | No Agent List