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$295,000

5694 Hillcrest Dr, Farmersville, TX, 75442

$383,500 ARVInfo
Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths2,052 Sq Ft
Mobile HomesMobile Homes
price_per_sqft$143.76 / sqft
Year BuiltBuilt in 1997

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
AppliancesDishwasher, Disposal, Electric Cooktop, Electric Oven, Electric Range, Electric Water Heater, Microwave
FlooringCarpet, Laminate

Building Information

Year Built1997
Stories1
Garage Spaces2

Land Information

APN2808-0000-016D-00
Lot Number16D
Land UseResidential
Legal DescriptionMOBILE HOME ONLY,DOVE HILL ESTATES #1 LOT 16D SN1 12529882A;SN2 12529882B;HUD# PFS0493733;HUD#2 PFS0493734;TITLE # MH00716947
Census Tract961402
Assessed Improvement Value$145,130
Assessment Year2025

About this property

Welcome to your peaceful countryside escape; where charm, space, and opportunity meet on just under a beautiful 2 acre property. This retreat offers quiet comfort outside the city limits of Farmersville in scenic Hunt County. Recently appraised in July 2025 at $320,000, it offers built-in equity and endless potential. As you arrive, you’ll notice the thoughtfully maintained landscaping and shade from established trees. The spacious double-wide home is ready for its next chapter, complemented by a 3-car metal garage with electricity and a 30x40 spray-foamed metal shop equipped with plumbing and power, perfect for hobbies, a workshop, or even a home based business. Decking connects the main structures, creating a seamless flow and inviting outdoor space to enjoy fresh air and gatherings. Recent improvements, including a repaired roof and a brand-new HVAC system installed in July 2025, offering peace of mind and a solid foundation for customization. An additional single-wide mobile home on the property is currently used for storage but could be repurposed or removed to suit your vision. Some cosmetic updates are still needed, but the possibilities are endless. Schedule your private showing today, your next chapter starts here. Conventional financing or cash only. NO HOA.

Investor Tools

Property Icon
$289,000
Estimated Property Value
$0Estimated Mortgage Balance
$289,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
$383,500
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,770 /month
Positive
Cash Flow Estimate:
$590 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$212/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,100
$145,130
2025
N/A
$145,130
$145,130
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,100
$145,130

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$289,000
100%
0%
$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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