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$700,000

11714 Fm 697, Whitewright, TX, 75491

On MarketInfo
Just AddedInfo
Beds2 Beds
Baths2 Bath
Baths1,570 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$445.86 / sqft
Year BuiltBuilt in 2015

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms 2Bathrooms 2
Garage AvailableGarage Available
AppliancesDishwasher, Electric Cooktop, Disposal

Exterior

Lot Size4 acres

Building Information

Year Built2015
Garage Spaces2

Land Information

APN199 062301415
SubdivisionJones E M A-G0623
Land UseResidential
Legal DescriptionG-0623 JONES E M A-G0623, ACRES 4.0
Census Tract000102
Assessment Year2025

About this property

Escape to your own private countryside haven on 16 rolling, fully fenced acres in Whitewright! Behind a private gated entry, a quarter mile long driveway guides you through peaceful pastures to a charm filled 2 bedroom, 2 bath cottage. The home features classic hardwood floors, a cozy wood burning fireplace, and an open kitchen equipped with granite countertops, an island bar, and abundant cabinetry. Built for true country living, the property is ready for your livestock perfectly set up for horses, cattle, chickens, and donkeys. A large stock pond sits on the acreage, providing great water collection during wet seasons. The crown jewel of the exterior setup is a massive 1,500 sq ft insulated workshop. Outfitted with electricity, a full bathroom, washer and dryer hookups, a storage loft, and a built-in bar area with a sink, this space functions perfectly as a working shop, entertainment hub, or a flexible candidate for conversion into a guest house or barndominium. Additional amenities include a full RV hookup with a deck, expansive covered porch space, and sweeping, long-distance views of the surrounding countryside.

Investor Tools

$132,096Estimated Mortgage Balance
$279,904Estimated Equity
67% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,200 /month
Positive
Cash Flow Estimate:
$1,400 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$300/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,541
$343,634
2025
N/A
N/A
$345,992
No

Tax History

Year
Tax Paid
Assessed Value
2025
$1,541
$343,634

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Sfmc Lp
Conventional
$165,000
No
First
Mar 14, 2017
Apr 2032

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$132,096
$279,904
67%
32%
$990/mo

City: Whitewright

11714 Fm 697 | Property Details | No Agent List