Farmersville, TX 75442
$225,000List Price
$2,011 Est. Mo. Payment
For a given home price of $225,000, the monthly mortgage is computed using a 5% down payment ($11,250) and a 7.5% annual interest rate, spread over 360 payments.
3
1
1
1,260ft2

Status

Available

Description

Don't miss out on this great investor special! This .58-acre property is situated on a corner off the town square. The property is uniquely bound by three separate streets. One half has been used for mixed-use over the years and can continue to be used as a residence. If it transitions to commercial use, it will retain its commercial status indefinitely. The second lot is already zoned commercial, offering a fantastic opportunity to build a bed and breakfast, motel, or other business. Its proximity to the town square makes it ideal for expanding the downtown area. The home is being sold as-is and most likely buyer will want to demolish. The shed on the property can be used for storage or parking a vehicle. Although both lots share the same street address and block number, they are separate lots -38B & 38D- and are being sold together. The seller may consider subdividing. No survey is available.

MLS Listing ID

20680706

Listed By

Caralee Gurney
972-208-8797
Coldwell Banker Apex, REALTORS

Map

High School
Farmersville
Elementary School
Tatum
High School District
Farmersville ISD
Tax Annual Amount
4197
This expanded setting will include additional fields to closer define your loan needs and payment amount.
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%

Estimated Monthly Payment

$2,011

Loan Amount

$213,750

This calculator is illustrative, but your unique situation will best be served by seeking out a purchase budget pre-approval from a reputable mortgage provider. First Choice Lending Group can provide you an approval within 48hrs.

Home Facts

Bathroom

Bathrooms Full
1

Highlights

Interior Features

  • High Speed Internet
  • Cable TV

Roof

  • Composition

Levels

  • One

Fencing

  • None
Lot Size Acres
0.567
Parcel Number
R1045011038B1

Pool Features

  • None
Property Type
Residential
Covered Spaces
1

Parking Features

  • Storage
  • Gravel
Property Sub Type
Single Family Residence

Community Features

  • Curbs

Patio And Porch Features

  • Deck
  • Covered
Virtual Tour
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Flooring

  • Wood
Year Built
1935

Foundation Details

  • Pillar/Post/Pier

Architectural Style

  • Traditional
  • Detached

Utilities

  • Water Available
  • Electricity Available
  • Cable Available