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$346,000

NAL Estimated Property Value

5631 Hillcrest Dr, Farmersville, TX, 75442

SoldInfo
7/24/26
Beds2 Beds
Baths2 Bath
Baths1,168 Sq Ft
Manufactured HomeManufactured Home
price_per_sqft$299.66 / sqft
Year BuiltBuilt in 1999

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms 2Bathrooms 2
AppliancesDryer, Electric Oven, Refrigerator, Washer

Exterior

Exterior FeaturesKennel
Lot Size5.15 acres

Building Information

Year Built1999
Stories1

Land Information

APN2808-0000-0080-00
Lot Number8
SubdivisionDove Hill Estates #1
Land UseResidential
Legal DescriptionS2808 DOVE HILL ESTATES #1 LOT 8 ACRES 5.1457
Census Tract961402
Assessed Land Value$183,750
Assessed Improvement Value$63,180
Assessment Year2025

About this property

Wine Country Meets Wide Open Potential — 5+ Unrestricted Acres, Dual Road Frontage & Ready Utilities Near US-380, Farmersville TX 5.145-acre Hunt County tract with dual road frontage on Hillcrest Dr & CR 2740. No deed restrictions. No floodplain. Outside Farmersville ETJ. Land is ready for residential, commercial, or investment development. A 2-bedroom modular home move in ready or build tour next home. North-facing property on a new solid-surface road. Generous private stocked pond adds recreational value. Many fruit trees and Raised garden beds. A gardeners dream, with Fruit trees planted, Apples, pears, plums, mayhaw, mulberry, beauty berry, fig and elderberry, Raised garden beds, garden area with established strawberries, blackberries, muscadine. Located less than 1 mile south of US Hwy 380 and less than 1 mile to Cedar Hollow Winery & Vineyard — Farmersville's award-winning destination winery with live music, and a popular outdoor patio. Minutes to historic downtown Farmersville, Farmersville ISD schools, Lavon Lake, the Audie Murphy birthplace, and Farmersville Heritage Museum. Strong future upside: near the planned US 380 bypass and Collin County Outer Loop (Segments 4 & 5), a 55-mile regional freeway connecting Farmersville to Celina, Anna, Melissa, and greater DFW. Approximately 40 minutes to McKinney National Airport. Easy access to McKinney and Greenville via US 380. Search Keywords Hunt County land for sale · no deed restrictions Texas · unrestricted acreage · outside ETJ · dual road frontage · utilities in place · stocked pond property · Farmersville ISD · commercial land US 380 corridor · investment land DFW Metroplex · rural homestead Texas · land near McKinney National Airport · Collin County Outer Loop corridor · North Texas rural acreage · 5 acres for sale TX · farm and ranch Farmersville · build your own home Texas Boundary approximate. Buyer to verify all information and perform due diligence.

Investor Tools

Property Icon
$346,000
Estimated Property Value
$36,741Estimated Mortgage Balance
$309,522Estimated Equity
83% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,100 /month
Positive
Cash Flow Estimate:
$700 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$229/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,013
$148,528
2025
$183,750
$63,180
$246,930
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,013
$148,528

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Security National Mortgage Co
Fha
$80,673
Yes
First
Jan 20, 2006
Feb 2036

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$36,741
$189,259
83%
11%
$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: Farmersville

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5631 Hillcrest Dr | Property Details | No Agent List