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$630,000

740 W FM 27, Streetman, TX, 75859

On MarketInfo
Just AddedInfo
Beds3 Beds
Baths3 Bath
Baths3,102 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$203.09 / sqft
Year BuiltBuilt in 1980

Property Lead Type:

Must-SellHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 3Bathrooms Full 3
AppliancesDishwasher, Dryer, Electric Oven, Microwave, Refrigerator, Washer

Exterior

Lot Size15.44 acres

Building Information

Year Built1980

Land Information

APN00054-00036-01000-000000
Land UseResidential
Legal DescriptionS T BALLOU A-54
Census Tract000600
Assessed Land Value$156,900
Assessed Improvement Value$478,585
Assessment Year2025

About this property

Set on 15 acres beneath a canopy of mature oak trees, this well-improved ranch property offers a rare combination of comfortable country living, guest accommodations, and turnkey infrastructure for horses and livestock. The custom main residence features 3 bedrooms, 2.5 baths, a spacious living area, a see-through wood-burning fireplace connecting the den and kitchen, large his-and-hers walk-in closets, and an oversized office or game room converted from the original two-car garage. A separate guest house includes two rooms, a kitchen, full bath, updated flooring and cabinetry, providing an ideal setup for guests, extended family, a home office, or homeschool space. Both residences open onto a shared deck overlooking the property. Equestrian and ranch improvements include a substantial 50' x 90' five-stall horse barn with concrete common areas, dedicated tack and feed rooms, a 36' x 20' workshop with concrete flooring and electricity, and a lighted pipe roping arena. Additional improvements include a built-in chicken coop, fenced sheep and goat pens, an electric gated entrance, and a second entrance on the west side of the property. A large, fully fenced garden features nine raised beds for fruits and vegetables, while two live creeks traverse the eastern and western portions of the acreage and provide an additional water source for livestock. Conveniently located near town while offering the space, privacy, and functionality of country living, this property is exceptionally well suited for a homestead, horse property, or working small ranch.

Investor Tools

$476,688Estimated Mortgage Balance
$169,312Estimated Equity
26% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,876 /month
Positive
Cash Flow Estimate:
$1,292 /month

Interested in this property?

Kristi Larkam

Compass RE Texas, LLC.

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$269/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
N/A
$635,485
2025
$156,900
$478,585
$635,485
No

Tax History

Year
Tax Paid
Assessed Value
2025
N/A
$635,485

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Capital Bank Na
Va
$525,000
Yes
First
Oct 29, 2021
Nov 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$476,688
$169,312
26%
74%
$3,148/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.

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: Streetman

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740 W FM 27 | Property Details | No Agent List