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$277,820

NAL Estimated Property Value

7660 Fm 2088, Winnsboro, TX, 75494

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,638 Sq Ft
price_per_sqft$114.47 / sqft

Property Lead Type:

Off-Market ListDeal ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 2Bathrooms 2
AppliancesDishwasher, Disposal, Electric Range, Refrigerator
FlooringCarpet, Laminate, Vinyl

Exterior

Exterior FeaturesBalcony, Other, Storage
Lot Size5 acres

Land Information

APN27383
Lot Number10
Land UseResidential
Legal DescriptionLOT 10 BLK 1 5.0 DEER RUN #3 (POLLY TIER SURVEY A-578 ALSO)
Census Tract950100
Assessed Land Value$75,000
Assessed Improvement Value$202,820
Assessment Year2025

About this property

3BD-1.5BA country home sits back off the road on 5 acres. Home features pretty laminate flooring in the living areas. 2 bedrooms downstairs & a huge (600+sf) room with a cedar closet upstairs that can be a 3rd bedroom. Upstairs is very flexible living space that could be 2nd living area, sewing-crafts room or easily converted to 2 rooms. Upstairs has 600 sf covered balcony with old barn tin ceiling. 26 gauge metal roof on the house! Several outbuildings include a 1600 sf workshop on slab, storage building, green house & chicken coop. Land is perimeter fenced with enough pasture in the back for a few animals. This property would make a great mini-farm. Great soil for gardening.

Investor Tools

Property Icon
$277,820
Estimated Property Value
$96,717Estimated Mortgage Balance
$181,103Estimated Equity
65% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,667 /month
Positive
Cash Flow Estimate:
$556 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$461/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,138
$277,820
2025
$75,000
$202,820
$277,820
No

Tax History

Year
Tax Paid
Assessed Value
2025
$4,138
$277,820

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Prosperity Bank
Credit Line (Revolving) / Heloc
$100,000
No
First
Jul 5, 2024
Jul 2026

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$96,717
$181,103
65%
35%
$600/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: Winnsboro

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7660 Fm 2088 | Property Details | No Agent List