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$620,423

NAL Estimated Property Value

8961 Fm 121, Van Alstyne, TX, 75495

$695,606 ARVInfo
Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths2,370 Sq Ft
price_per_sqft$168.73 / sqft
Year BuiltBuilt in 2001

Property Lead Type:

Off-Market ListARV FlipAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 2Bathrooms 2
Garage AvailableGarage Available
AppliancesDishwasher, Disposal, Electric Range, Microwave, Plumbed For Ice Maker
FlooringCarpet, Ceramic Tile, Vinyl

Exterior

Exterior FeaturesRain Gutters, Storage
Lot Size6.01 acres

Building Information

Year Built2001
Garage Spaces4

Land Information

APN286 090700702
SubdivisionNix Ben A-G0907
Land UseResidential
Legal DescriptionG-0907 NIX BEN A-G0907, ACRES 6.0121, PREV LISTED AS ABST 906 PREV LISTED AS ABST 906
Census Tract001803
Assessed Land Value$273,247
Assessed Improvement Value$347,176
Assessment Year2025

About this property

Wonderful horse or animal property located just outside the city limits. Beautiful location with separate pastures, covered RV or boat parking, additional 3 car garage for combined 5 car garages, barn or workshop, one story brick home with open plan, updated carpet and paint, several bonus rooms including formal living or office in front, extra room off kitchen, small room off master that could be nursery, office, or additional walk-in closet, gorgeous sunsets, seasonal pond in lower pasture. Remote gate at entry with keypad is solar powered. Ideal horse property, show dogs, farm animals, you name it! Well in lower pasture. No pump on it right now but could be used for watering in the future. Must see!

Investor Tools

Property Icon
$620,423
Estimated Property Value
$315,320Estimated Mortgage Balance
$305,103Estimated Equity
49% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$695,605
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,723 /month
Positive
Cash Flow Estimate:
$1,241 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,076/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$9,814
$620,423
2025
$273,247
$347,176
$620,423
No

Tax History

Year
Tax Paid
Assessed Value
2024
$9,814
$620,423

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Peoples Bank
Unknown
$320,000
No
First
Jul 2, 2025
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$315,320
$305,103
49%
51%
$1,919/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.

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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: Van Alstyne

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8961 Fm 121 | Property Details | No Agent List