$263,267
NAL Estimated Property Value7396 Fm 1388, Oak Grove, TX, 75142
$322,016 ARV
Off Market
Property Lead Type:
Off-Market ListAbsentee Owner
Highlights
Interior
AppliancesVented Exhaust Fan
FlooringLinoleum, Wood
Exterior
Lot Size1 acre
Building Information
Year Built1960
Stories2
Roof Type105
Land Information
APN99.0151.0000.0035.00.03.10
SubdivisionD Falcon
Land UseResidential
Legal DescriptionD FALCON, TRACT 35.00; 1.0 ACRES
Census Tract051202
Assessed Land Value$95,000
Assessed Improvement Value$223,159
Assessment Year2025
About this property
Charming 4 bedroom 2 bath Farm House on an acre of land near highway 175 and Highway 34 in Kaufman. Home has been remodeled, new wiring, roof, air conditioning, sheetrock, windows and plumbing. There is a small bonus room that can be an extra bedroom or an office. Home sits on a beautiful lot with mature trees. Gives you a warm country feeling.
Investor Tools
$263,267
Estimated Property Value
$232,557Estimated Mortgage Balance
$30,710Estimated Equity
11% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$322,016
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,580 /month
Positive
Cash Flow Estimate:
$527 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$381/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,251
$263,267
2025
$95,000
$223,159
$318,159
No
Tax History
Year
Tax Paid
Assessed Value
2024
$3,251
$263,267
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Cmg Mortgage Inc
Fha
$235,653
Yes
First
Aug 14, 2025
Sep 2055
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$232,557
$30,710
11%
88%
$1,413/mo
