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$175,000

111 Murchison St, Farmersville, TX, 75442

$226,083 ARVInfo
On MarketInfo
Just AddedInfo
Beds3 Beds
Baths2 Bath
Baths1,662 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$105.29 / sqft
Year BuiltBuilt in 1967

Property Lead Type:

Deal ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 2Bathrooms 2
Garage AvailableGarage Available
AppliancesSome Gas Appliances, Built In Gas Range, Dryer, Dishwasher, Gas Water Heater, Microwave, Plumbed For Gas, Vented Exhaust Fan, Washer
FlooringCarpet, Ceramic Tile, Laminate

Exterior

Lot Size6,011 sqft

Building Information

Year Built1967
Stories1
Garage Spaces2

Land Information

APNR-1063-003-006B-1
Lot Number6B
SubdivisionPendleton Addition
Land UseResidential
Legal DescriptionPENDLETON ADDITION, BLK 3, LOT 6B
Census Tract031101
Assessed Land Value$83,250
Assessed Improvement Value$108,389
Assessment Year2026

About this property

LOCATION, POTENTIAL & SMALL-TOWN CHARM IN THE HEART OF FARMERSVILLE! Bring your vision to this 3-bedroom, 2-bath brick home offering approximately 1,662 square feet on a corner lot. Available for immediate move-in, this established home offers the opportunity to live comfortably while making updates and renovations at your own pace! Inside, discover a spacious living area with wood-look flooring, crown molding, and neutral tones. The primary bedroom features an ensuite bath with an updated tiled walk-in shower, multiple closets, and built-in storage. Two additional bedrooms offer generous space, including one with corner shelving. Additional storage throughout, plus an included washer & dryer, add everyday convenience! An attached 2-car garage provides workspace and storage, while mature shade trees, a covered front porch, and fenced backyard add outdoor appeal. LOCATION IS A BONUS! Just a few blocks from J.W. Spain Athletic Complex, Chaparral Trail, and Historic Downtown Farmersville with its local shops, restaurants, and community events. A neighborhood convenience store and gas station are just over a block away, with Tatum and Hemby Elementary Schools nearby. STREET IMPROVEMENTS UNDERWAY! The City of Farmersville is upgrading Murchison Street with new concrete pavement and driveway approaches. Work in front of this property is anticipated to be completed by mid-to-late November 2026, subject to the City's schedule. IDEAL FOR CASH OR CONVENTIONAL FINANCING BUYERS! Whether you're looking for a home to personalize or your next investment opportunity, this property offers possibilities. Sold AS-IS. Bring your ideas and make it your own!

Investor Tools

$84,601Estimated Mortgage Balance
$163,399Estimated Equity
65% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$226,083
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,488 /month
Positive
Cash Flow Estimate:
$496 /month

Interested in this property?

Keri Askew

Diversified Realty Consultants

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$462/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,300
$191,639
2026
$83,250
$108,389
$191,639
No

Tax History

Year
Tax Paid
Assessed Value
2025
$4,300
$191,639

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Supreme Lending
Conventional
$112,500
No
First
Jun 4, 2015
Jul 2045

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$84,601
$163,399
65%
34%
$376/mo

City: Farmersville

111 Murchison St | Property Details | No Agent List