Real opportunities. Driven by live market signals.
Updated every minute.

Browse Homes — Buy Direct, Deal on Your Terms

Updated Properties Icon
Updated Properties
Last 24 HoursLast 24 Hours
Gallery image 2
Gallery image 3
Gallery image 4
Gallery image 5

$309,720

NAL Estimated Property Value

601 S Farmington Rd, Howe, TX, 75459

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,410 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$159.57 / sqft
Year BuiltBuilt in 1964

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
AppliancesElectric Range, Gas Water Heater, Microwave
FlooringCarpet, Vinyl

Exterior

Exterior FeaturesStorage
Lot Size9,897 sqft

Building Information

Year Built1964
Roof Type109
Garage Spaces2

Land Information

APNH004 5914003
Lot Number4
SubdivisionThompson C W Addn
Land UseResidential
Legal DescriptionTHOMPSON C W ADDN, BLOCK 2, LOT 4
Census Tract001801
Assessed Land Value$60,262
Assessed Improvement Value$249,458
Assessment Year2025

About this property

This brick home is approximately 10 minutes from the new TI plant in Sherman and 20 minutes to McKinney. Located in the growing community of Howe, but an easy commute north or south on Hwy 75. Large corner lot with 2 car attached garage plus lots of extra concrete parking. Fenced yard houses two good sized storage buildings, one 16x20 and one 12x15. Three bedrooms and two full baths. The oversized garage also features a 19' x 6' utility room and workshop area. The home does need some TLC and updating and will be sold as is. Could be a great starter home or fixer upper.

Investor Tools

Property Icon
$309,720
Estimated Property Value
$132,826Estimated Mortgage Balance
$176,894Estimated Equity
57% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,858 /month
Positive
Cash Flow Estimate:
$619 /month

Interested in this property?

Run an Owner Lookup!

Unlock Owner Contacts

Want alerts when something changes with this property?

Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$522/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,715
$309,720
2025
$60,262
$249,458
$309,720
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,715
$309,720

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Cmg Mortgage Inc
Conventional
$138,000
No
First
Apr 28, 2024
Jun 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$132,826
$176,894
57%
43%
$828/mo

Learn About the Market: Opportunity in Texas

Local Market Pages
Local Market Pages 2Local Market Pages 3Local Market Pages 4

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.

Explore Texas Explore This Area
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: Howe

No Agent List Top Properties.

These are Deal List properties graded A+, A.

Loading properties...

Sold Properties

Loading properties...

601 S Farmington Rd | Property Details | No Agent List