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General Description
minimizeMaybe the most beautiful home-site in Collin County! Incredible sunsets as you look over Lake Lavon. Property has great seclusion and backs up to Corp. Land. Gorgeous trees, incredible views, and tranquil surroundings await you. 3 bed 2 bath Home is in need of some repairs but can be brought back to its prior condition with a little TLC! Home is as is and no repairs will be made. Majority of value in the land. Walking distance to the Lake only minutes to McKinney. This piece of heaven has to be seen to be believed!
Rooms/Lot Dimensions
Interior Features
Exterior Features
Additional Information
Financial Information
Source
Selling Agent and Brokerage
minimizeProperty Tax
minimizeMarket Value Per Appraisal District
Cost/sqft based on Market Value
| Tax Year | Cost/sqft | Market Value | Change | Tax Assessment | Change |
|---|---|---|---|---|---|
| 2023 | $277.31 | $450,067 | 6.47% | $450,067 | 6.47% |
| 2022 | $260.46 | $422,728 | 15.28% | $422,728 | 126.99% |
| 2020 | $225.94 | $366,702 | 25.93% | $186,232 | 26.67% |
| 2019 | $179.42 | $291,200 | -1.46% | $147,019 | -2.86% |
| 2018 | $182.08 | $295,512 | 10.33% | $151,344 | 22.38% |
| 2017 | $165.03 | $267,839 | -16.02% | $123,671 | -20.29% |
| 2016 | $196.50 | $318,924 | 7.88% | $155,146 | 30.43% |
| 2015 | $182.14 | $295,618 | 173.24% | $118,948 | 9.95% |
| 2014 | $66.66 | $108,188 | 9.93% | $108,188 | 9.93% |
| 2013 | $60.64 | $98,413 | $98,413 |
2023 Collin County Appraisal District Tax Value
| Market Land Value: | $277,140 |
| Market Improvement Value: | $172,927 |
| Total Market Value: | $450,067 |
2023 Tax Rates
| COLLIN COUNTY: | 0.1493 % |
| COLLIN CO COMMUNITY COLLEGE: | 0.0812 % |
| FARMERSVILLE ISD: | 1.1817 % |
| Total Tax Rate: | 1.4123 % |
Estimated Mortgage/Tax
minimize| Estimated Monthly Principal & Interest (Based on the calculation below) | $ 1,356 |
| Estimated Monthly Property Tax (Based on Tax Assessment 2023) | $ 530 |
| Home Owners Insurance | Get a Quote |
Schools
minimizeSchool 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)
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Property Map
minimize1062 County Road 557 Farmersville TX 75442 was recently sold. It is a 9.23 Acre(s) Lot, 1,623 SQFT, 3 Beds, 2 Full Bath(s) in Jas Innerarity.
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