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$335,000

NAL Estimated Property Value

6938 N Fm 1417, Denison, TX, 75020

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,456 Sq Ft
price_per_sqft$136.68 / sqft
Year BuiltBuilt in 1955

Property Lead Type:

Off-Market ListDeal ListAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 1.5Bathrooms 1.5
Garage AvailableGarage Available
AppliancesWater Purifier, Dishwasher, Disposal, Dryer, Electric Cooktop, Electric Oven, Electric Range, Microwave, Plumbed For Ice Maker, Washer, Gas Water Heater
FlooringCarpet, Laminate, Vinyl

Exterior

Exterior FeaturesRain Gutters, Storage
Lot Size1.91 acres

Building Information

Year Built1955
Garage Spaces5

Land Information

APN077 1431003
SubdivisionDavault H C D A-G1431
Land UseResidential
Legal DescriptionG-1431 DAVAULT H C D A-G1431, ACRES 1.91
Census Tract000901
Assessed Land Value$140,805
Assessed Improvement Value$145,046
Assessment Year2025

About this property

A quaint little farmhouse with lots of fruit and ornamental trees surrounding the property.. Out of city limits, but so very close to town! Bring your horses and critters and let them roam around in the fenced in 1.91 acres. There is a shop with electric, 2 barns, one with water and electric and a large carport with RV hookups. The second barn in the rear corner needs some repair, but can be salvaged. The property has its own well and has been almost fully updated. Including new siding, exterior doors, front tilt double pane windows, AC, aerobic septic, hot water heater and much more. New Roof installed Feb 2020. Please see documents for updated list.

Investor Tools

Property Icon
$335,000
Estimated Property Value
$247,029Estimated Mortgage Balance
$87,971Estimated Equity
26% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,010 /month
Positive
Cash Flow Estimate:
$670 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$468/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,945
$285,851
2025
$140,805
$145,046
$285,851
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,945
$285,851

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
First State Bank
Stand Alone Second / Subordinate Position
$268,000
No
First
Mar 31, 2022
Apr 2042

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$247,029
$87,971
26%
74%
$1,607/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: Denison

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6938 N Fm 1417 | Property Details | No Agent List