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$299,000

5845 Farm Road 71 W, Sulphur Springs, TX, 75482

On MarketInfo
Just AddedInfo
Beds4 Beds
Baths2 Bath
Baths1,860 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$160.75 / sqft
Year BuiltBuilt in 1965

Property Lead Type:

Absentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms 2Bathrooms 2

Exterior

Lot Size2.92 acres

Building Information

Year Built1965

Land Information

APNR000015138
SubdivisionHicklin Richard Survey A-
Land UseResidential
Legal DescriptionACRES: 2.922 ABS: 472 TR: 3 SUR: HICKLIN RICHARD
Census Tract950301
Assessed Land Value$94,670
Assessed Improvement Value$98,370
Assessment Year2025

About this property

5845 FM 71 West, Sulphur Springs, TX 75482 Country living with convenient access. Situated on 1.92 acres, with additional acreage available, this beautifully renovated home features modern updates, scenic surroundings, and a location just outside city limits. Inside, the updated interior includes brand-new kitchen cabinets, quartz countertops, a farmhouse sink, and a new electric stove. New flooring runs throughout the home, and the bathrooms have been remodeled with updated finishes that bring a fresh, modern feel to the space. Outdoors, the front and back porches have been renovated, creating comfortable areas for relaxing, entertaining, and enjoying pond views and the surrounding countryside. Located approximately 5 minutes from the nearby state park, the property is within North Hopkins ISD, close to Texas A&M University-Commerce, and a short drive to downtown Sulphur Springs. Enjoy the freedom of living outside city limits with convenient access to shopping, dining, recreation, and everyday essentials. 1.92 acres Additional acreage available Beautifully renovated Pond views Country location

Investor Tools

$0Estimated Mortgage Balance
$655,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,930 /month
Positive
Cash Flow Estimate:
$1,310 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$503/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,761
$193,040
2025
$94,670
$98,370
$193,040
No

Tax History

Year
Tax Paid
Assessed Value
2025
$2,761
$193,040

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$655,000
100%
0%
$0/mo

City: Sulphur Springs

5845 Farm Road 71 W | Property Details | No Agent List