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$109,000

NAL Estimated Property Value

Lot 15 Southgate Court, Farmersville, TX, 75442

Off MarketInfo
Baths0 Bath
Unimproved LandUnimproved Land

About this property

Welcome to fantastic Farmersville and your new 1.29 acre residential lot ready for your custom home build. Southgate Court is a small subdivision, that dead ends and has newer homes. This is the remaining lot. Enjoy the mostly cleared parcel that shares a pond with the neighbor, making for an exceptional back porch view. Farmersville is a destination of choice for the history enthusiast, dining, recreation, community activities and the proud Farmersville ISD. Location is important and this lot is minutes to Farmersville and the new Collin College Farmersville campus, 20 minutes to Greenville, 30 minutes to McKinney and less than an hour to Dallas. Gentle deed restrictions are in place. A new survey is in hand. Water and electric are at the street and a septic will be needed. Information is deemed reliable; however, buyer should perform due diligence. Boundary lines are approximate.

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Rent-to-Value Ratio: 0.72%
Rent Estimate
$654 /month
Positive
Cash Flow Estimate:
$218 /month

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Financing Details

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

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: Farmersville

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Lot 15 Southgate Court | Property Details | No Agent List