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

$199,000

6980 Farm Road 115, Scroggins, TX, 75480

$258,700 ARVInfo
Off MarketInfo
CommercialInfo
Beds6 Beds
Baths4 Bath
Baths7,000 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$28.43 / sqft
Year BuiltBuilt in 1988

Highlights

Interior

Bedrooms 6Bedrooms 6
Bathrooms 4Bathrooms 4
AppliancesDishwasher, Electric Range, Refrigerator
FlooringCeramic Tile, Vinyl, Wood

Exterior

Exterior FeaturesCovered Courtyard
Lot Size1.22 acres

Land Information

APN01055-08000-00102-000000
Land UseCommercial
Legal DescriptionAB 80 WM BLACKSTONE
Census Tract950101
Assessed Land Value$59,550
Assessed Improvement Value$176,200
Assessment Year2025

About this property

Unique investment opportunity near Lake Cypress Springs! EXCELLENT LOCATION. If you are looking for a place with multiple rental spaces where you can be near your investment, this is it! 4 units with a HUGE shop that is heated and cooled. Keep 1 or 2 of these spaces for your needs. Then, rent the others and let them pay the note or just rent them all! Recent upgrades include paint, flooring, HVAC units, electrical panels, ground drains, decking and new duct work. A courtyard entrance is the perfect place to put up party lights and entertain clients, family and friends. The towering trees and mature landscaping provide a beautiful view all around. Since the property is situated on well over an acre, has ample road frontage and is minutes from one of the most beautiful lakes in East Texas, this is a prime location! Deals like this don't come along often. Come and see what possibilities this beautiful space holds for you!

Investor Tools

Property Icon
$235,750
Estimated Property Value
$280,000Estimated Mortgage Balance
$0Estimated Equity
-19% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
$258,700
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,415 /month
Positive
Cash Flow Estimate:
$472 /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
$350/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,026
$235,750
2025
$59,550
$176,200
$235,750
No

Tax History

Year
Tax Paid
Assessed Value
2025
$3,026
$235,750

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
First National Bank Mount Vernon
Credit Line (Revolving) / Heloc
$75,500
No
First
May 29, 2018
Jun 2033

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$326,445
N/A
0%
138%
$2,132/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: Scroggins

No Agent List Top Properties.

These are Deal List properties graded A+, A.

Loading properties...

Sold Properties

Loading properties...

6980 Farm Road 115 | Property Details | No Agent List