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$189,900

$199,900

940 Rs County Road 1320, Emory, TX, 75440

On MarketInfo
Price DropInfo
Beds3 Beds
Baths2 Bath
Baths1,212 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$156.68 / sqft
Year BuiltBuilt in 1990

Property Lead Type:

Must-SellAbsentee OwnerHigh EquityCash BuyersMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
AppliancesElectric Range
FlooringOther

Exterior

Lot Size5 acres

Building Information

Garage Spaces2

Land Information

APN30818
Land UseResidential
Legal DescriptionA0188 ROJAS FRANCISCO DE ACRES 5.0
Census Tract950102
Assessed Land Value$78,713
Assessed Improvement Value$12,075
Assessment Year2025

About this property

HOUSE DOWN TO THE STUDS, READY FOR SOMEONE TO MAKE IT THEIR HOME. SELLER FI.NANCING AVAILABLE. Potential 3 Bedroom, 2 Bath configuration. Detached 2 Car Garage. AVAILABLE FOR SALE WITH 5 ACRES + METAL BUILDING MLS # 21321054 Unlimited Potential just outside Emory, Texas' city limits. Bring your vision to life with this rare investment opportunity on approximately 0.75 acres just minutes from downtown Emory. The existing home has been taken down to the studs, providing a blank canvas to design and finish exactly the way you want. The floor plan offers ample space to create a 3-bedroom, 2-bathroom home customized to your style and needs. The property also features an oversized detached two-car garage and a storm cellar, adding valuable functionality and storage. Looking for even more possibilities? The adjacent 5 acres are also available for purchase, making this an outstanding opportunity for builders, developers, or investors. With the property located outside the city limits, you'll enjoy added flexibility while remaining close to shopping, dining, schools, and all the conveniences of Emory. The additional acreage includes an approximately 1,100-square-foot metal building with 20-foot ceilings that is suitable for living quarters, a workshop, or future expansion. The land offers excellent potential for subdivision and the development of multiple homesites (subject to any applicable county requirements). Whether you're looking to build your dream home, create an investment property, or develop a residential project, this property offers exceptional value and endless possibilities in a highly desirable location. Don't miss this unique chance to invest in one of East Texas' growing areas!

Investor Tools

$0Estimated Mortgage Balance
$230,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,380 /month
Positive
Cash Flow Estimate:
$460 /month

Interested in this property?

Juan Arroyo

Diamond Cut Real Estate

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$205/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,311
$90,788
2025
$78,713
$12,075
$90,788
Yes (2022)

Tax History

Year
Tax Paid
Assessed Value
2025
$1,311
$90,788

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$193,000
100%
0%
$0/mo

City: Emory

940 Rs County Road 1320 | Property Details | No Agent List