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$456,542

5594 Creekview Drive, Farmersville, TX, 75442

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,848 Sq Ft
Mobile HomesMobile Homes
price_per_sqft$446.43 / sqft
Year BuiltBuilt in 1996

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 2Bathrooms 2
AppliancesNone

Exterior

Exterior FeaturesDock
Lot Size10 acres

Building Information

Year Built1996
Stories1
Garage Spaces5

Land Information

APNR-3157-000-0110-1
Lot Number11
SubdivisionPrice Creek Estates (Gcn)
Land UseResidential
Legal DescriptionPRICE CREEK ESTATES (GCN), LOT 11; SN1: MP153080A, SN2: MP153080B, HUD1: TEX0565999, HUD2: TEX0566725
Census Tract031102
Assessed Land Value$250,000
Assessed Improvement Value$206,542
Assessment Year2025

About this property

Tucked away at the end of a quiet cul-de-sac, this 21.72-acre tract offers the perfect blend of privacy, flexibility, and opportunity. The property can be enjoyed as one expansive homesite or subdivided into two parcels of approximately 10 acres and 11.72 acres, ideal for multigenerational living, investment, or future development. Featuring a scenic pond, existing barn, mobile home, and fencing, the land is already equipped with valuable improvements while still offering a blank canvas to bring your vision to life. Located in the ETJ, you’ll benefit from added flexibility with fewer restrictions while still being within reach of nearby city conveniences. Whether you’re looking to build your dream home, create a private retreat, or develop a new project, this property presents endless possibilities in a peaceful, secluded setting.

Investor Tools

Property Icon
$456,542
Estimated Property Value
$0Estimated Mortgage Balance
$400,236Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,950 /month
Positive
Cash Flow Estimate:
$1,650 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$271/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$973
$456,542
2025
$250,000
$206,542
$456,542
No

Tax History

Year
Tax Paid
Assessed Value
2024
$973
$456,542

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Banksource Mortgage
Unknown
$142,500
No
First
Jun 25, 2004
Jul 2034

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$56,306
$400,236
87%
12%
$0/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: Farmersville

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5594 Creekview Drive | Property Details | No Agent List