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4 Bed(s)
2 Full Bath(s)
2,141 Bldg Sqft.
457,380 Lot Sqft.
Residential - Farm/Ranch
106 Day(s) on HAR.com

General Description

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REDUCED! LOCATION! LOCATION! LOCATION! Fantastic Investment Opportunity. 10.5 acres with a 4 Bedroom 2 bath 2 car garage move in ready. The future growth projections for Collin County are incredible and this prime piece of real estate is only a couple of miles from the intersection of US Hwy 380 and Hwy 78. The land is currently being farmed so taxes are incredibly low. The home is fantastic condition with granite counters in the kitchen, plenty of room to roam. Buyer could either move in and wait on the coming growth or generate rental income. Property is outside the city limits of Farmersville but in the ETJ. Don't let this opportunity pass you by!

Listing Price:
$ 410,000 ($191.50/sqft.)
$Convert
Reduced 2.38%
Reduced 2.38%
Listing Status:
Under Contract - Pending
Address:
1541 State Highway 78 S
City:
State:
TX
Zip Code:
County:
Subdivision:
MC Hamilton
Legal Description:
ABS A0452 M C HAMILTON SURVEY, TRACT 27, 10.5
Property Type:
Residential - Farm/Ranch
Has House:
Yes
Bedrooms:
4 Bedroom(s)
Baths:
2 Full Bath(s)
Garage(s):
2 / Oversized
Stories:
1
Style:
Traditional
Year Built:
1982 /Appraisal District
Building Sqft.:
2,141 /Tax
Lot Size:
457,380 Sqft. /Appraisal District
House:
Yes
MLS#:
14098549 (NTREIS)


Rooms/Lot Dimensions

Living:
32 x 17, 1st
Kitchen:
12 x 11, 1st
Breakfast:
11 x 11, 1st
Mstr Bedroom:
15 x 11, 1st
Bedroom:
13 x 11, 1st
Bedroom:
13 x 11, 1st
Bedroom:
12 x 13, 1st
Room Count:
7



Interior Features

Number Of Living Area:
1
Fireplace:
1/Gas Starter, Wood Burning
Floors:
Carpet, Ceramic Tile
Heating:
Central Air-Elec, Central Heat-Gas
Security System:
Monitored
Other Equipment:
Built-in Microwave, Cooktop - Electric, Dishwasher, Oven-Electric, Vent Mechanism, Water Line to Refrigerator
Energy Feature:
Ceiling Fans, Double Pane Windows, Programmable Thermostat
Interior:
High Speed Internet Available, Window Coverings


Exterior Features

Roof:
Composition
Foundation:
Slab
Private Pool:
No
Exterior Type:
Brick
Lot Description:
Acreage, Horses Permitted, Interior Lot, Lrg. Backyard Grass, Some Trees
Parking:
Front, Garage Door Opener, Oversized
Parking Space:
Garage 2 / Carport 0 / Covered Total 2
Garage Size:
21 X 22
Controlled Access:
Hand Rails
Fencing:
Partially Fenced
Utility:
Asphalt, Co-op Water, Outside City Limits
Easements:
Utilities
Exterior:
Satellite Dish


Lot Information

  Lot Size: 457,380 Lot Sqft.
Disclaimer: Lot configuration and dimensions are estimates, not based on personal knowledge and come from a third party (Digital Map Products); therefore, you should not rely on the estimates and perform independent confirmation as to their accuracy


Additional Information

Dwelling Type:
Single Detached


Financial Information

Financing Considered:
Cash, Conventional, VA


Source
North Texas Real Estate Information Systems, Inc.

Property Tax

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Cost/sqft based on Tax Value
Tax Year Cost/sqft Tax Assessment Change
2018 $66.84 $143,098 9.87%
2017 $60.83 $130,239 9.82%
2016 $55.39 $118,597 9.80%
2015 $50.45 $108,008 9.78%
2014 $45.95 $98,387 9.72%
2013 $41.88 $89,673
2018 Collin County Appraisal District Tax Value
Market Land Value: $147,000
Market Improvement Value: $147,593
Total Market Value: $294,593

Tax History
2018 Assessed Value/Appraisal District: $143,098
2017 Assessed Value/Appraisal District: $130,239
2016 Assessed Value/Appraisal District: $118,597
2015 Assessed Value/Appraisal District: $108,008
2014 Assessed Value/Appraisal District: $98,387
2013 Assessed Value/Appraisal District: $89,673
2018 Tax Rates
COLLIN COUNTY: 0.1808 %
COLLIN CO COMMUNITY COLLEGE: 0.0812 %
FARMERSVILLE ISD: 1.3200 %
Total Tax Rate: 1.5820 %
collin County Appraisal District

Estimated Mortgage/Tax

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$1,755 Monthly
Estimated Monthly Principal & Interest (Based on the calculation below) $ 1,566
Estimated Monthly Property Tax (Based on Tax Assessment 2018) $ 189
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Schools

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School information is computer generated and may not be accurate or current. Buyer must independently verify and confirm enrollment. Please contact the school district to determine the schools to which this property is zoned.

Schools (provided by Listing Agent)
Tatum Elementary School
Middle School
Farmersvil High School

View Nearby Schools

Property Map

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1541 State Highway 78 S, Farmersville, TX 75442 Directions


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1541 State Highway 78 S Farmersville TX 75442 is listed for sale for $410,000. It is a 10.50 Acre(s) Lot, 2,141 SQFT, 4 Beds, 2 Full Bath(s) in MC Hamilton.

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