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$539,000

2561 Co 248, Valley View, TX, 76272

$560,023 ARVInfo
On MarketInfo
Just AddedInfo
Beds4 Beds
Baths3 Bath
Baths2,160 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$249.54 / sqft
Year BuiltBuilt in 1986

Property Lead Type:

High Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 1.5Bathrooms Full 1.5
Bathrooms Half 1.5Bathrooms Half 1.5
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Electric Cooktop, Electric Oven, Electric Water Heater, Disposal
FlooringCarpet, Luxury Vinyl Plank

Exterior

Exterior FeaturesAwnings, Fire Pit, Garden, Private Yard, Rain Gutters, Storage
Lot Size1 acre

Building Information

Year Built1980
Roof Type105
Garage Spaces5

Land Information

APN1225
SubdivisionDavis Jr
Land UseResidential
Legal DescriptionDAVIS JR 0334 ACRES 1.0 TRICE MARKETING & AUCTIONEERS
Census Tract000900
Assessment Year2025

About this property

Discover the perfect blend of country living & everyday convenience. Situated on 3.78 beautiful acres with easy access to I-35, this property is located just 15 minutes from both Gainesville & Denton and only 3 miles from Lake Ray Roberts. You'll be greeted by sweeping views of the front acreage featuring a private 2 hole golf course with elevated greens & a seasonal creek. Hole #1 measures approximately 100 yards, while Hole #2 stretches 150 yards from the tee box, creating a place to practice your long & short game. The home features 4 bedrooms, 2 baths, 2 living areas & a dining room. The remodeled kitchen is complete with granite countertops, a center island & abundant workspace for cooking & gathering. The backyard offers a spacious setting for relaxing & entertaining with an impressive 25' x 50' covered patio, while a seasonal garden produces squash, cucumbers, zucchini, tomatoes & okra. The impressive 30' x 50' shop includes electricity, a car lift & built-in storage shelving. 20 foot awnings extend along both sides & the south end, creating an expansive 70' x 70' covered work area, ideal for equipment, RVs, trailers, recreational vehicles, or outdoor projects. The detached garage has been converted into a 400 SF office, offering flexible space for working from home or operating a business. A separate 250 SF garage apartment provides excellent accommodations for guests, extended family, or potential rental income. Designed with self-sufficiency in mind, the property includes a 505 ft. deep water well, a 1,200 gallon water storage tank & the flexibility to utilize either county water or well water. 2 Generac generators provide additional peace of mind. 1 dedicated to powering the home & the 2nd serving the shop, office, and water well. Whether you're searching for a private homestead, a hobby farm, space for your business, or simply room to spread out & enjoy country living, this one-of-a-kind property offers endless possibilities in a desirable location.

Investor Tools

$0Estimated Mortgage Balance
$593,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$560,023
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,558 /month
Positive
Cash Flow Estimate:
$1,186 /month

Interested in this property?

Jaime Wester

Coldwell Banker Realty

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$329/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$985
$273,743
2025
N/A
N/A
$385,713
Yes (2024)

Tax History

Year
Tax Paid
Assessed Value
2025
$985
$273,743

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$593,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,070/mo
N/A
+$2,070/mo
4.2%

City: Valley View

2561 Co 248 | Property Details | No Agent List