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$1,450,000

15783 Highway 80, Edgewood, TX, 75117

On MarketInfo
Just AddedInfo
Beds3 Beds
Baths2 Bath
Baths2,489 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$582.56 / sqft
Year BuiltBuilt in 2002

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 2Bathrooms 2
Garage AvailableGarage Available
AppliancesDishwasher, Electric Range, Disposal, Microwave

Exterior

Exterior FeaturesOther, Storage
Lot Size17.04 acres

Building Information

Year Built2002
Stories1
Garage Spaces2

Land Information

APN026.0342.0250.0000.0000
Land UseResidential
Legal DescriptionACRES: 17.040 ABST: 342 SUR: WM HART
Census Tract950300
Assessed Land Value$28,680
Assessed Improvement Value$485,710
Assessment Year2026

About this property

**Unique 18+ Acre Property with Two Homes and Workshop in Edgewood, TX!** It’s not often you find a property like this, with two homes, a 1,750 sq ft workshop, a pond, and 18+ acres. The gated entrance has pipe fencing and a winding concrete driveway that takes you through a canopy of mature trees to both homes. Both homes have their own character, with beautiful landscaping that adds to the appeal of each one. The concrete driveway runs from the property entrance all the way to both houses, so there are no dirt or gravel roads to travel. The property is located about 1 hour southeast of the DFW area and just a few miles from Canton’s First Monday Trade Days. The main brick home has 2,489 sq ft with 3 bedrooms, 2 baths, formal living and dining rooms, built-ins, a spacious kitchen, and a sunroom with central heat and air overlooking the property. Plenty of windows bring natural light into the home, and an oversized attached 2-car garage adds convenience. Tucked among the trees, the second home has 1,288 sq ft with 1 bedroom, 2 baths, and a bonus room that could be used as an office or possibly a second bedroom. The home has a unique treehouse feel, a wraparound porch, and an elevator to the upper level that is large enough to accommodate a wheelchair. A 3-car garage beneath the home provides additional parking and storage. The 1,750 sq ft insulated metal workshop has electricity and is plumbed for water, with plenty of space for equipment, projects, or storage. The acreage is currently used for hay production and also includes a pond and wet-weather creek, with room for horses, cattle, or simply enjoying the outdoors. With its two homes, workshop, open acreage, and peaceful setting, this property offers plenty of possibilities for country living, multigenerational living, or having room for family and guests.

Investor Tools

$0Estimated Mortgage Balance
$542,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$8,700 /month
Positive
Cash Flow Estimate:
$2,900 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$326/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,197
$514,390
2026
$28,680
$485,710
$822,970
No

Tax History

Year
Tax Paid
Assessed Value
2025
$1,197
$514,390

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$542,000
100%
0%
$0/mo

City: Edgewood

15783 Highway 80 | Property Details | No Agent List