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$2,100,000

7639 Us Highway 377, Collinsville, TX, 76233

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,076 Sq Ft
FarmFarm
price_per_sqft$1,011.56 / sqft
Year BuiltBuilt in 2005

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Garage AvailableGarage Available
AppliancesDishwasher, Disposal, Electric Range, Microwave
FlooringCeramic Tile, Wood

Exterior

Exterior FeaturesRain Gutters, RV Hookup, Storage
Lot Size19.98 acres

Building Information

Year Built2005
Garage Spaces6

Land Information

APN258 0441015
SubdivisionGarland James & Hrs A-G0441
Land UseResidential
Legal DescriptionG-0441 GARLAND JAMES & HRS A-G0441, ACRES 19.983
Census Tract001902
Assessed Land Value$57,532
Assessed Improvement Value$1,211,093
Assessment Year2025

About this property

WHOA! take a look at this one! PRICED UNDER appraised VALUE! Top-Notch Equestrian facility with great visibility on Hwy 377 between Tioga & Collinsville. Property has a nice BRICK 4BR home, NEWER 2BR tiny home, a 28-stalls in MAIN BARN with office & bath, 6-stall shed row barn with pipe runs, 4-stall shed row barn with an attached shop, 2-stall shed row barn with pipe runs, and a fantastic 110x250 COVERED ARENA with a 25ft center alley, good dirt, LED lighting, Big Ass Fans, roping box, return alley for cattle, holding pens, & covered extensions for tack & moving around under roof. Adjoining the arena is a 1st-class 1500sf lounge with a bar, kitchenette, & 2 bathrooms, one with a shower. There are 2 ponds & 3 pastures. With plenty of room for parking, the arena also has 10 RV connections for living quarter trailers and and a secure room for tack or storage. All fenced and cross fenced. Gated entrance and addition entrance on north end of property.

Investor Tools

Property Icon
$1,268,625
Estimated Property Value
$577,516Estimated Mortgage Balance
$699,555Estimated Equity
54% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$12,600 /month
Positive
Cash Flow Estimate:
$4,200 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$2,222/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$20,325
$1,268,625
2025
$57,532
$1,211,093
$2,414,491
No

Tax History

Year
Tax Paid
Assessed Value
2024
$20,325
$1,268,625

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Southstate Bank Na
Open End Mortgage / Open End With Future Advance Clause
$577,516
No
First
Jul 22, 2025
Jul 2030

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$569,070
$699,555
55%
45%
$3,463/mo

Learn About the Market: Opportunity in Texas

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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: Collinsville

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7639 Us Highway 377 | Property Details | No Agent List