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$1,100,000

1712 Fm 407 E, Argyle, TX, 76226

On MarketInfo
Just AddedInfo
Beds4 Beds
Baths4 Bath
Baths3,099 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$354.95 / sqft
Year BuiltBuilt in 1967

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 4Bathrooms Full 4
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling

Exterior

Lot Size3.25 acres

Building Information

Year Built1967
Stories1
Roof Type105
Garage Spaces2

Land Information

APNR65185
SubdivisionWilliam Blaylock
Land UseResidential
Legal DescriptionA0044A WILLIAM BLAYLOCK, TR 8, 3.25 ACRES, OLD DCAD TR #2B & 2C(2)
Census Tract020315
Assessed Land Value$310,303
Assessed Improvement Value$190,050
Assessment Year2025

About this property

PRIME LOCATION!! Residential or Commercial. Rare opportunity in Argyle! Situated on approximately 3.25 acres along FM 407, a half mile down from Marty Bs w tons of shopping, restaurants and entertainment. This property offers an exceptional opportunity for redevelopment in a highly desirable and growing area. The property includes an existing residence that is considered a teardown and is being sold for the value and potential of the land. With generous acreage, established surroundings, and convenient access to Argyle, Denton, major roadways, shopping, dining, and area amenities, this property provides a unique canvas for a buyer with a vision. Property is located within the Argyle ETJ. Buyer and buyer's agent to independently verify acreage, utilities, development potential, restrictions, zoning or land-use requirements, and all information deemed important. Property is being marketed concurrently as Improved Land.

Investor Tools

$398,047Estimated Mortgage Balance
$855,953Estimated Equity
68% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$7,524 /month
Positive
Cash Flow Estimate:
$2,508 /month

Interested in this property?

Christi Beca

Real Broker, LLC

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,143/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,441
$487,303
2025
$310,303
$190,050
$500,353
No

Tax History

Year
Tax Paid
Assessed Value
2025
$7,441
$487,303

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Option One Mortgage Corp
Balloon
$342,475
No
First
Mar 20, 2007
Apr 2037

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$398,047
$855,953
68%
32%
$4,959/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,860/mo
$4,959/mo
$-1,099/mo
3.7%

City: Argyle