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$290,000

5580 County Road 429, Van Alstyne, TX, 75495

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,682 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$172.41 / sqft
Year BuiltBuilt in 1955

Property Lead Type:

Off-Market ListDeal ListAbsentee Owner

Highlights

Interior

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

Exterior

Lot Size2.64 acres

Building Information

Year Built1955
Stories1

Land Information

APNR-6289-003-0400-1
Lot Number40
SubdivisionG W Daniels Survey
Land UseResidential
Legal DescriptionABS A0289 G W DANIELS SURVEY, SHEET 3, TRACT 40, 2.638 ACRES
Census Tract030102
Assessed Land Value$224,230
Assessed Improvement Value$135,133
Assessment Year2025

About this property

Explore this spacious 3-bedroom, 2-bathroom home situated on a generous 2.638-acre lot, surrounded by beautiful trees and serene countryside. This property offers a unique opportunity for those looking to invest in a home with plenty of character and the potential to create your dream space. While the home needs some TLC, it features a functional layout and ample natural light, providing a solid foundation to build upon. Outside, you'll find a carport for convenient parking, along with two barns—perfect for storage, hobbies, or livestock. The property also includes a storm shelter for peace of mind during severe weather. With room to roam and the beauty of nature at your doorstep, this property is a hidden gem waiting for your personal touch. Don’t miss your chance to transform this house into your perfect home!

Investor Tools

Property Icon
$372,000
Estimated Property Value
$322,000Estimated Mortgage Balance
$52,806Estimated Equity
13% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,232 /month
Positive
Cash Flow Estimate:
$744 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$389/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,802
$359,363
2025
$224,230
$135,133
$359,363
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,802
$359,363

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Legions Capital Inc
Conventional
$322,000
No
First
Nov 25, 2025
Dec 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$319,194
$52,806
14%
86%
$1,931/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: Van Alstyne

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5580 County Road 429 | Property Details | No Agent List