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$499,000

NAL Estimated Property Value

5486 State Highway 160, Whitewright, TX, 75491

Off MarketInfo
Baths948 Sq Ft
Year BuiltBuilt in 1932

Highlights

Interior

Garage AvailableGarage Available

Exterior

Lot Size8.04 acres

Building Information

Year Built1932
Garage Spaces2

Land Information

APN282 032200101
SubdivisionChowning O H A-G0322
Land UseResidential
Legal DescriptionG-0322 CHOWNING O H A-G0322, ACRES 8.042
Census Tract001802
Assessed Land Value$15,226
Assessed Improvement Value$2,699
Assessment Year2025

About this property

WITH EASY ACCESS TO MCKINNEY, VAN ALSTYNE, HWY 75, 1 MILE SOUTH OF FM 121 OR 3 MILES NORTH OF HWY 121 ON STATE HWY 160, THIS COULD BE YOUR BEAUTIFUL HOMESITE, DEVELOPMENT OPPORTUNITY, RUN A FEW CATTLE OR HORSES OR HAY, THIS IS A BEAUTIFUL 8.06 ACRE ESTATE PROPERTY. FENCED ALONG 3 SIDES IN TREELINE, NICE HEAVY TREELINE BACK AND ONE SIDE, WELL IN BACK OF HOME, CO-OP WATER AND ELEC AVAILABLE AT SITE, NO METERS ON SITE. OLDER WORKSHOP MIDWAY AND NORTH SIDE. PLEASE DO NOT ACCESS PROPERTY WITHOUT APPOINTMENT THRU LISTING AGENT, CONCRETE COVERING ON WELL ON THE BACK OF HOME HAS CRACKED AND FALLEN, UNSAFE, TAKE CARE WHEN WALKING AROUND THE OLD HOME SITE AND DO NOT ENTER THE OLD SHIPLAP SIDED HOME, NOT SAFE. NO DISCLOSURES, TITLE OPEN AT CHAPIN TITLE 620 N TRAVIS SHERMAN, TX. CURRENTLY SHOWING AS AG EXEMPT, BUT SELLER STATES COUNTY HAS CHANGED THAT STATUS WITH PROBATED ESTATE. SEPARATE LISTING FOR THE 1.29 ACRES TO THE NORHT COMING SOON.

Investor Tools

Property Icon
$499,000
Estimated Property Value
$0Estimated Mortgage Balance
$499,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,994 /month
Positive
Cash Flow Estimate:
$998 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$219/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$133
$17,925
2025
$15,226
$2,699
$243,959
No

Tax History

Year
Tax Paid
Assessed Value
2024
$133
$17,925

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$499,000
100%
0%
$0/mo

Learn About the Market: Opportunity in Texas

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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: Whitewright

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5486 State Highway 160 | Property Details | No Agent List