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$499,000

5723 County Road 1040, Greenville, TX, 75401

$504,414 ARVInfo
Off MarketInfo
Beds3 Beds
Baths4 Bath
Baths2,444 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$204.17 / sqft
Year BuiltBuilt in 2007

Property Lead Type:

BankruptcyPre-ForeclosureOff-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 4Bathrooms Full 4
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Electric Cooktop, Electric Oven
FlooringCarpet, Ceramic Tile, Vinyl

Exterior

Exterior FeaturesRain Gutters, Storage
Lot Size4.59 acres

Building Information

Year Built2007
Stories1
Roof Type105
Garage Spaces4

Land Information

APN0979-C800-0010-21
SubdivisionSnow Lewis M
Land UseResidential
Legal DescriptionA0979 SNOW LEWIS M,TRACT C8-1, ACRES 4.587
Census Tract960300
Assessed Land Value$151,510
Assessed Improvement Value$369,270
Assessment Year2025

About this property

If the quiet life is what you desire– come check out this amazing property. This well maintained, one owner, 3 bed 4 bath home sits on 4.5 acres with beautiful mature trees across the front of the property to provide ultimate privacy. The home features split rooms with the primary bedroom with 2 en-suite bathrooms and office on one side of the home and the other two bedrooms with 2 full baths on other. The third bedroom has access to the back patio. The open floor plan is perfect for family time or entertaining guests! The Kitchen boasts plenty of cabinet space and an large island. Outside you will find an 18x28 storage building and a small pond. The property is entirely fenced and the backyard has two fenced in areas! Relax on the covered back patio and enjoy the serenity and peacefulness of country living!

Investor Tools

Property Icon
$530,000
Estimated Property Value
$380,000Estimated Mortgage Balance
$169,676Estimated Equity
28% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$504,413
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,180 /month
Positive
Cash Flow Estimate:
$1,060 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$777/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,676
$520,780
2025
$151,510
$369,270
$520,780
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,676
$520,780

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Colonial National Mortgage
Conventional
$380,000
No
First
Jul 31, 2023
Aug 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$360,324
$169,676
32%
68%
$2,279/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: Greenville

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5723 County Road 1040 | Property Details | No Agent List