$250,000
6214 Fm 47, Point, TX, 75472
On Market
Just Added
Property Lead Type:
Absentee OwnerHigh Equity
Highlights
Interior
AppliancesElectric Range, Gas Cooktop, Refrigerator
Exterior
Lot Size2.86 acres
Building Information
Year Built1964
Land Information
APN1002
Land UseResidential
Legal DescriptionA0033 CRETTENDEN NATHANIEL G ACRES 2.863
Census Tract950200
Assessed Land Value$67,458
Assessed Improvement Value$192,487
Assessment Year2025
About this property
Investor Opportunity! A fixer-upper for investors or buyers looking fora fixer-upper with the potential to create their own country retreat. This property offers a peaceful rural setting, along with a pool that is currently not operational but could be restored and brought back to life. With some vision and improvements, this property has the potential to become a wonderful country home or investment.
Investor Tools
$0Estimated Mortgage Balance
$398,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,388 /month
Positive
Cash Flow Estimate:
$796 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$353/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,245
$259,945
2025
$67,458
$192,487
$259,945
Yes (2021)
Tax History
Year
Tax Paid
Assessed Value
2025
$2,245
$259,945
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$398,000
100%
0%
$0/mo
