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$469,950

NAL Estimated Property Value

8879 Fm 66, Grandview, TX, 76050

Off MarketInfo
Beds3 Beds
Baths1 Bath
Baths1,560 Sq Ft
price_per_sqft$319.87 / sqft
Year BuiltBuilt in 2016

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 1Bathrooms Full 1
Garage AvailableGarage Available
Heating CentralHeating Central
AppliancesDishwasher, Electric Cooktop, Electric Oven, Electric Water Heater, Microwave
FlooringTile

Exterior

Exterior FeaturesAwnings
Lot Size10.15 acres

Building Information

Year Built2016
Stories1
Garage Spaces2

Land Information

APN99.1259.000.005.00.115
SubdivisionWylie French
Land UseResidential
Legal Description1259 WYLIE FRENCH 10.152 ACRES
Census Tract061000
Assessed Land Value$250,000
Assessed Improvement Value$219,950
Assessment Year2025

About this property

MOTIVATED SELLER!! WILLING TO CONTRIBUTE TO CLOSING COSTS. This custom barndominium home sits on 10.15 acres, offering peace and tranquility away from the hustle and bustle of city life with its own creek. The property features a spacious and well-maintained one bedroom and two lofted room home with an open concept floor plan, attached workshop with room for add-on, and maximum utilization of space. The home also boasts a covered front and back porch, perfect for enjoying your morning coffee while taking in the stunning views of the surrounding countryside. Outside, you'll find a detached workshop with covered RV parking and plenty of space for gardening, livestock, or whatever your heart desires. The possibilities are endless on this expansive piece of land. An added feature is an 850 sq ft detached home for your extended family needs OR POSSIBLE RENTAL INCOME that includes two bedrooms and two bathrooms with an open living and kitchen space.

Investor Tools

Property Icon
$469,950
Estimated Property Value
$366,348Estimated Mortgage Balance
$103,602Estimated Equity
22% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,994 /month
Positive
Cash Flow Estimate:
$998 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$677/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,773
$469,950
2025
$250,000
$219,950
$469,950
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,773
$469,950

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Guild Mortgage Co
Unknown
$376,983
No
First
Oct 18, 2024
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$366,348
$103,602
22%
78%
$2,261/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,972/mo
$2,261/mo
$-289/mo
5.0%

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.

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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: Grandview

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