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$462,000

7808 County Road 542, Nevada, TX, 75173

On MarketInfo
Just AddedInfo
Beds2 Beds
Baths2 Bath
Baths1,517 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$304.55 / sqft
Year BuiltBuilt in 2005

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Electric Range, Electric Water Heater

Exterior

Lot Size1.09 acres

Building Information

Year Built2005
Stories1
Garage Spaces2

Land Information

APNR-4760-000-0120-1
Lot Number12
SubdivisionPecan Trees Estates (Gcn)
Land UseResidential
Legal DescriptionPECAN TREES ESTATES (GCN), LOT 12
Census Tract031201
Assessed Land Value$152,740
Assessed Improvement Value$288,899
Assessment Year2025

About this property

Some homes simply make you slow down. This classic American Victorian feels like a step back into simpler times where the front porch was the heart of the home and there was always time for a glass of iced tea and a good conversation. Nestled on a 1.0 acre treed lot at the end of a dead-end street and adjacent to Corp of Engineer land, this property offers a natural country setting with fabulous views. This charming home was the builder's personal home, and it features a beautiful wraparound porch, tall windows, multiple gables and dormers, hardwood floors and the distinctive character that makes it truly special. The existing living space offers two bedrooms, two bathrooms, a spacious family room, kitchen, and formal dining area. It is an inviting layout with an abundance of character. A major highlight is the approximately 1,100-square-foot unfinished second story, offering an opportunity to expand the home to approximately 2,600 square feet of living space. Plumbing has been stubbed out and the additional space could be designed to accommodate 2 or 3 bedrooms, a game room, or other flexible living areas. There is a small creek that runs seasonally across the front, An 18' x 15' concrete pad for workshop has been poured.  The views and trees are wonderful. Fishing and boating at Lake Lavon is just minutes away. This property has so much potential! it's so nostalgic and inviting—a home that doesn’t just welcome you in, but makes you want to stay awhile.

Investor Tools

$41,917Estimated Mortgage Balance
$399,722Estimated Equity
90% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,772 /month
Positive
Cash Flow Estimate:
$924 /month

Interested in this property?

Brigitte Barkley

Coldwell Banker Apex, REALTORS

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$215/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$376
$441,639
2025
$152,740
$288,899
$441,639
Yes (2009)

Tax History

Year
Tax Paid
Assessed Value
2025
$376
$441,639

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Bank Of America Na
Unknown
$89,500
No
First
Aug 29, 2006
Sep 2036

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$41,917
$399,722
90%
9%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,565/mo
N/A
+$1,565/mo
4.3%

City: Nevada

7808 County Road 542 | Property Details | No Agent List