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$675,000

766 N CR 4640, Winnsboro, TX, 75494

On MarketInfo
Beds6 Beds
Baths5 Bath
Baths4,088 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$165.12 / sqft
Year BuiltBuilt in 1996

About this property

Like the Ponderosa Ranch on Bonanza! TWO log homes on 29.9 gorgeous acres for the price of one. The 2/1 Farmhouse on the right, built in 1996, is a 2236 SF block structure wrapped with half logs has spacious rooms throughout. It is connected to a 552 sf former garage converted to an art studio with a third bedroom room and second full bath above. On the left is a 3/2.5 one and a half story 1300 SF full log Cabin finished in 2018 with a master suite down and two bedrooms and 1 bath up. Both houses have a two-story great room with fireplace and almost full wrap around porches. They are connected by a 40 x 70 unfinished gathering room called the Pavilion. It is the perfect place for family meetings, games, parties, and even wedding receptions. Metal roof on the Pavilion, Studio, and Farmhouse. Adding the sf of the Studio and bedroom suite above and the pavilion makes a total of 7440 SF! These are all on a hilltop setting about 2/3 of the way back from the road. In addition, there is a 40 x 60 workshop with 3 bay doors, including one for an RV, a small chicken or goat pen and yard, a greenhouse with potting shed, and several storage buildings! Priced to sell "as is" and well below duplication cost so you can add to the value! Perfect for a family compound or your home-based business with workshop. Rustic with modern amenities best describes this property!

Investor Tools

$0Estimated Mortgage Balance
$675,000Estimated Equity
100% equity
Estimated Cap Rate
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Estimated ARV (After-Repair Value)
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Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,050 /month
Positive
Cash Flow Estimate:
$1,350 /month

Interested in this property?

Dave Dean

TX Farms & Ranches/Park Village

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Financing Details

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

City: Winnsboro

766 N CR 4640 | Property Details | No Agent List