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$1,450,000

2700 Fm 21, Mt Vernon, TX, 75457

On MarketInfo
Just AddedInfo
Beds4 Beds
Baths2 Bath
Baths4,330 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$334.87 / sqft
Year BuiltBuilt in 2003

About this property

Welcome to 2700 FM 21, a unique 46-acre property in Mount Vernon offering space, versatility, and multiple opportunities for homeowners and investors. The property has previously been used for cattle and hay production, providing plenty of room for agricultural, recreational, or homestead use. The property features a main residence, a 2,000-square-foot mobile home, and an additional studio-style space that offers excellent flexibility for guests, extended family, a private office, or potential rental income. The main home offers a mix of hardwood, tile, and carpet flooring, along with a beautiful granite pool that creates an inviting space for entertaining and enjoying the outdoors. With 46 acres of land, this property provides the opportunity to enjoy privacy and open space while having multiple structures that can accommodate a variety of living and investment strategies. The property is serviced by septic, with an aeration system serving the main residence. Whether you're looking for a spacious country homestead, a property with additional rental potential, or an investment with multiple income and usage possibilities, 2700 FM 21 offers a rare combination of acreage, living space, and versatility in the Mount Vernon area.

Investor Tools

$0Estimated Mortgage Balance
$1,450,000Estimated 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

Interested in this property?

Edward McClintick

Joseph Walter Realty, LLC

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Financing Details

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

City: Mt Vernon

2700 Fm 21 | Property Details | No Agent List