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$350,000

16728 County Road 558, Farmersville, TX, 75442

$455,000 ARVInfo
On MarketInfo
Just AddedInfo
Beds3 Beds
Baths2 Bath
Baths2,360 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$148.31 / sqft
Year BuiltBuilt in 1994

Property Lead Type:

BankruptcyPre-ForeclosureARV FlipAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
FlooringCarpet, Tile

Exterior

Lot Size5.01 acres

Building Information

Year Built1994
Stories1

Land Information

APNR-2428-000-006B-1
Lot Number6B,6A
SubdivisionSanta Fe Crossing
Land UseResidential
Legal DescriptionSANTA FE CROSSING, LOT 6B & 6A
Census Tract031102
Assessed Land Value$275,440
Assessed Improvement Value$87,103
Assessment Year2026

About this property

5+ ACRES. COLLIN COUNTY. ROOM TO REIMAGINE! Calling all investors, renovators and visionaries—discover the opportunity in this Farmersville-area property offering just over 5 acres in a low-tax area with no known deed restrictions. Bring your plans for a country retreat, future homestead or next renovation project and explore the possibilities of acreage with space to make your vision a reality. The existing home needs renovation, offering a starting point for buyers ready to restore, refresh and create something of their own. Mature trees provide shade and character, while the surrounding open land offers room to envision a workshop, gardens, animals, storage or outdoor recreation, subject to applicable requirements. Explore potential agricultural valuation for additional property-tax savings, subject to qualifying use, acreage, history and appraisal district approval. Whether your focus is transforming the home or making the most of the land, this property offers space, flexibility and opportunity in Collin County. Bring your imagination, walk the acreage and picture what comes next!

Investor Tools

$160,571Estimated Mortgage Balance
$215,429Estimated Equity
57% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
$455,000
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,256 /month
Positive
Cash Flow Estimate:
$752 /month

Interested in this property?

Toni Evans Morrow

RE/MAX Four Corners

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$524/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,405
$362,543
2026
$275,440
$87,103
$362,543
No

Tax History

Year
Tax Paid
Assessed Value
2025
$4,405
$362,543

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Highlands Residential Mortgage Ltd
Fha
$166,920
Yes
First
Jun 27, 2017
Jul 2047

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$160,571
$215,429
57%
43%
$1,176/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,972/mo
$1,176/mo
+$796/mo
6.3%

City: Farmersville

16728 County Road 558 | Property Details | No Agent List