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Status: Active

1627 FM 547 
Farmersville, TX 75442

6% Drop

$1,590,000

$1,495,000

------/mo*
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Price Reduced! Mortgage Rates are down! Seller Motivated! Take advantage of this Home Buyer’s Trifecta. Incredible multi-use estate on 13.77 secluded acres in Collin County with NO deed restrictions and NO city building permits required (except septic)! Whether you're seeking a multi-generational compound, hobby farm, or home-based business, this is YOUR opportunity to step away from the conventional rat race. The main custom home, built in 2007 and expanded in 2022 by the original builder, offers approx. 5,269 sq ft, including 5 bedrooms, 7 bathrooms, and 3 living areas—one an enormous entertaining space. You'll find two primary suites with walk-in closets and private baths, two full kitchens, two very nice utility rooms. A separate entrance to the newer addition, is ideal for privacy or in-laws. Recent updates include new flooring, fresh paint inside and out, updated trim, and caulking. The resort-style pool and spa, installed in 2023, feature a waterfall, fountains, in-pool seating, a sunning pad, and lighting. A full pool bath with exterior access adds convenience. The 1638 SF guest house includes 2 bedrooms, a full bath, kitchen, and living area—plus an attached warehouse and large office—perfect for rental income or business use. Projected rent: $1,500–$2,000 per month. Property is fully fenced, with an electric gated entry, large barn, pond, and plenty of open space for livestock or gardening. Enjoy 3 newer HVAC systems, solar panels; fully owned with transferable warranty (will convey with the property) Plus A GENERATOR! The Ag exemption (currently hay) significantly reduces property taxes and is transferable. Add more homes, build a workshop, raise animals (Ducks, Goats and Rabbits for eggs, milk and meat). The possibilities are endless. No HOA. No city restrictions. Just wide-open potential.
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Bedrooms
5
Baths
5.5
House Size
5,269 sqft
Year Built
2007
Lot Size
13.77 ac
School District
Farmersville ISD

Location

Market Insights

In the last 30 days, homes for sale in 75442, Farmersville, TX were on the market for a median of 41.67 days and 0% of homes sold above list price.

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Interior Information

appliances
Dishwasher
Disposal
Electric Cooktop
Microwave
Double Oven
cooling
Central Air
Electric
features
Granite Counters
Open Floorplan
Walk-in Closet(s)
High Speed Internet
In-law Floorplan
fireplace
Living Room
Wood Burning
flooring
Hardwood
Tile
Vinyl
heating
Central
Electric

Exterior Information

features
Private Entrance
Storage
pool
Gunite
In Ground
Pool/spa Combo
Waterfall
roof
Composition

Property Information

construction
Brick
foundation
Slab
lot
Agricultural
Cleared
other structures
Barn(s)
Guest House
Outbuilding
Second Residence
parking
Additional Parking
Electric Gate
Garage
Garage Door Opener
Garage Faces Side
Guest
Inside Entrance
Attached
sewer
Septic Tank
subdivision name
None
utilities
Cable Available
Electricity Connected
Propane
  • Listed By Lynn Hendrix
  • (214) 228-2139
  • PATTON INTERNATIONAL PROPERTIE
  • (972) 588-8228
  • charles.hendrix@gmail.com
  • MLS 21032450

Tax History

Date

Property Tax

Land

Additions

Tax Assessment

2024$2,632 (+7.2%)$137,700$376,793$514,493 (-0.5%)
2023$2,454 (0%)$137,700$379,569$517,269 (+50.7%)
2022$2,454$137,700$205,565$343,265

Tax data provied by Attom


Monthly Payments Calculator

Estimated Monthly Cost

$8,396

30 year fixed·6.9% interest rate
Principal & Interest
$7,877
Property Taxes
$219
Home Insurance
$300
HOA Fees
$0
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*All calculations are estimates and provided for informational purposes only. Actual amounts may vary.
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