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$263,000

NAL Estimated Property Value

584 Fm 1255, Grand Saline, TX, 75140

$331,523 ARVInfo
Off MarketInfo
Beds2 Beds
Baths2 Bath
Baths1,872 Sq Ft
price_per_sqft$154.86 / sqft
Year BuiltBuilt in 1973

Property Lead Type:

Off-Market ListARV FlipAbsentee Owner

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
AppliancesDishwasher, Electric Range
FlooringCarpet, Laminate

Exterior

Exterior FeaturesOther
Lot Size1.17 acres

Building Information

Year Built1973
Stories1
Garage Spaces2

Land Information

APN046.0339.0290.0002.0000
Land UseResidential
Legal DescriptionACRES: 1.170 ABST: 339 SUR: J HANKS
Census Tract950100
Assessed Land Value$24,990
Assessed Improvement Value$127,640
Assessment Year2025

About this property

Country Living close to town sitting on 8.5 acres. Beautiful setting off the street with picturesque views all around. Home was updated somewhat a few years ago with a Sunroom added, estimated 250 sq ft that is not included in the quoted sq ft of 1872 on tax roll. Open and spacious floor plan is inviting from the moment you walk in. Large family room with Fireplace, crown molding and atrium doors leading to the 12 X 20 Sunroom with all glass to bring the outside in to enjoy. The kitchen has granite, stainless appliances and lots of cabinets and skylight. Separate Laundry room off the kitchen leading to back. 30 X 100 Quonset Building with 60 X 30 slab in the middle of building. Metal Roof with 18 X 20 covered wood deck across front of Building. 2 rooms for storage. This home has so much potential, and it will surprise you when you enter.

Investor Tools

Property Icon
$263,000
Estimated Property Value
$251,367Estimated Mortgage Balance
$11,633Estimated Equity
4% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$331,523
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,739 /month
Positive
Cash Flow Estimate:
$580 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$349/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,874
$152,630
2025
$24,990
$127,640
$152,630
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,874
$152,630

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Cardinal Financial Company Lp
Conventional
$266,000
No
First
May 30, 2023
Jun 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$251,367
$11,633
4%
96%
$1,595/mo

City: Grand Saline

584 Fm 1255 | Property Details | No Agent List