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$679,900

17398 W Farm Road 1567 W, Lone Oak, TX, 75453

$883,870 ARVInfo
On MarketInfo
Just AddedInfo
Beds3 Beds
Baths2 Bath
Baths1,863 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$364.95 / sqft
Year BuiltBuilt in 1994

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 2Bathrooms 2
AppliancesElectric Cooktop, Electric Oven, Microwave, Vented Exhaust Fan
FlooringCarpet, Ceramic Tile, Laminate

About this property

MOTIVATED SELLERS DUE TO EMPLOYMENT RELOCATION! Sellers are offering a $6,000 flooring allowance AND will pay 50% of buyer’s closing costs with an acceptable offer! Enjoy country living with room to spread out in Miller Grove ISD on 17.01 acres with an agricultural exemption currently utilized for hay production. This versatile property offers a brick home, pond, separate guest house-MIL quarters, multiple shops and storage. The main home features both a formal dining room and breakfast area, along with plenty of flexible living space. The former 2-car garage has been converted into an office-flex space with a large closet currently used as a pantry. The separate guest quarters offer 1 bedroom, 1.5 baths, stainless steel appliances and a stackable washer and dryer—perfect for extended family, guests or additional private living space. Outside, you’ll find a metal shop with two overhead bay doors, an additional metal shop-outbuilding, storage building and pond, with plenty of room for equipment, animals, hobbies and all the things that make country living worthwhile. Major improvements include a roof replaced in 2023 with transferable limited warranty, foundation work completed in 2025 with warranty, approximately 2-year-old HVAC system and new water heater. Post-foundation plumbing testing was completed and passed. With acreage, guest quarters, multiple outbuildings, major improvements and Miller Grove ISD, this property offers a hard-to-find combination of space, functionality and flexibility.

Investor Tools

$0Estimated Mortgage Balance
$679,900Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
$883,870
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,079 /month
Positive
Cash Flow Estimate:
$1,360 /month

Interested in this property?

Jaime Huddleston

Top Notch Realty & Associates

ContactContact

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Financing Details

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

City: Lone Oak