Situated in the highly sought-after Kaufman County, this 1.55-acre parcel lies just a few miles outside the city limits, offering a serene country setting. Located in the County, the property comes with limited restrictions and includes essential amenities such as power, water, and a septic system already in place. Additionally, it features a 30 x 50 metal building with a cement floor that can be used as a workshop or converted into a barndominium. While the building is structurally sound, it will require some renovations into whatever you might want to use it for. This parcel provides an excellent starting point for various possibilities. You could reside in the barndominium while constructing your dream home, or use it as a shop or a mother-in-law suite—the possibilities are endless. The location offers easy access to the larger cities of Kaufman, Terrell, and Canton, as well as the DFW area via Highway 175, with just a 40-minute drive to Dallas.
Lucille Nash Intermediate School, Public District Grades 5-6
Norman Jr High School, Public District Grades 7-8
Phillips Elementary School, Public District Grades 3-4
Other
Directions Information:
Directions: Hwy 243 towards Canton, proceed 4.6 miles. Turn right on CR 101 (where the Dollar General is) turn (L) on Silverado Loop, then veer right. Property on right.
Price Information
Listing Price Info
Price Summary:
List Price: $195,000
Tax Information:
Annual Amount: $2,984
Tax Year: 2021
What can I afford?
Understand what home price range makes sense for your budget.
Housing Market Comparison
See how this home compares to others in Kaufman, TX.
Last updated on: 11/5/2024, 5:20:52 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
Tax History
YEAR
PROP. TAX
ASSESSMENT
2021
$2,984
$221,425
2019
$1,274
$58,380
2018
$876
$37,460
2017
$814
$34,840
History based on county public records data.
Payment Calculator
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$1,041
Per Month
Principal & Interest
$974
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$651
Powered By
Advertisement
NMLS#3030
Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
Elementary School
4
/10
Phillips Elementary School
1501 Royal Dr
Distance between this listing and this school4.74 miles
Public District Grades 3-4
Middle School
5
/10
Lucille Nash Intermediate School
1002 S Houston St
Distance between this listing and this school5.39 miles
Public District Grades 5-6
6
/10
Norman Jr High School
3701 S Houston St
Distance between this listing and this school5.62 miles
Public District Grades 7-8
High School
6
/10
Kaufman High School
3205 S Houston St
Distance between this listing and this school5.56 miles
Public District Grades 9-12
Assigned Schools
4
/10
Phillips Elementary School
1501 Royal Dr
Distance between this listing and this school4.74 miles
Public District Grades 3-4
Nearby Schools
6
/10
Kemp Intermediate School
101 Old Us 40
Distance between this listing and this school10.23 miles
Public District Grades 3-5
8
/10
Scurry-Rosser Elementary School
9511 Silver Creek Dr
Distance between this listing and this school10.24 miles
Public District Grades PK-3
Assigned Schools
5
/10
Lucille Nash Intermediate School
1002 S Houston St
Distance between this listing and this school5.39 miles
Public District Grades 5-6
6
/10
Norman Jr High School
3701 S Houston St
Distance between this listing and this school5.62 miles
Public District Grades 7-8
Nearby Schools
3
/10
Kemp Jr High School
1000 Tolosa Rd
Distance between this listing and this school10.36 miles
Public District Grades 6-8
Assigned Schools
6
/10
Kaufman High School
3205 S Houston St
Distance between this listing and this school5.56 miles
Public District Grades 9-12
Nearby Schools
3
/10
Gary W Campbell High School
4814 County Road 151
Distance between this listing and this school5.21 miles
Public District Grades 9-12
3
/10
Kemp Alternative
204 W 17th St
Distance between this listing and this school10.22 miles
The neighbors living near this home have an average income of $61,758. The majority of Kaufman, TX residents have income between $35k-100k annually. The most common type of family is married, with kids. Most residents in this area have post secondary degree education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 7324 Silverado Loop
What is the listing price of this property?
The listing price of 7324 Silverado Loop property is $195,000.
What type of property is this?
The property 7324 Silverado Loop is land located in Kaufman, Texas, 75142.
Is this property for sale now?
Active Listing: 7324 Silverado Loop is For Sale (Active/New) which means the seller is accepting offers.
What are the assigned schools for this property?
The assigned schools for 7324 Silverado Loop are: Phillips Elementary School: GreatSchools Rating 4/10Lucille Nash Intermediate School: GreatSchools Rating 5/10Norman Jr High School: GreatSchools Rating 6/10Kaufman High School: GreatSchools Rating 6/10
What is the annual property tax for this property?
According to the records, the last property tax for 2021 is $2,984 (source: MLS/based on county public records data).
By checking this box and submitting your personal information, you agree to our Terms of Use and Privacy Policy. You also expressly consent to having Rocket Homes Real Estate LLC, its Family of Companies, Rocket Homes Network Partners, and potentially our mortgage partners contact you about your inquiry by text message or phone (including automatic telephone dialing system, AI voice, or an artificial or prerecorded voice) to the residential or cellular telephone number you have provided, even if that telephone number is on a corporate, state, or national Do Not Call Registry. You do not have to agree to receive such calls or messages as a condition of getting any services from Rocket Homes Real Estate, LLC or its partners. By communicating with us by phone, you consent to calls being recorded and monitored. You also agree that we can share your personal data and contact information with third parties such as mortgage partners, partner companies, and affiliates, and that these parties may use your personal data and contact information for marketing and analytic purposes, and to improve your experience.
This home is located at 7324 Silverado Loop in Kaufman, TX and zip code 75142 in the Silverado Estates neighborhood. This home, which was built in 2019, sits on a 1.53 acre lot. It has been listed on Rocket Homes since October 11, 2024 and is currently priced at $195,000.
The number of homes for sale in Kaufman, TX increased by 6.8% between September 2024 and October 2024. The median list price of listings available in October 2024 was $348,500, while the average time on the real estate market was 111 days.
From Rocket Homes Real Estate and based on county public records data.
©2024 North Texas Real Estate Information Systems. All rights reserved. The database information herein is provided from and copyrighted by the North Texas Real Estate Information Systems, Inc. NTREIS data may not be reproduced or redistributed and is only for people viewing this site. All information provided is deemed reliable but is not guaranteed and should be independently verified. The advertisements herein are merely indications to bid and are not offers to sell which may be accepted. All properties are subject to prior sale or withdrawal. All rights are reserved by copyright.
Hunting
Hunting
NASCAR
Monster Trucks
Academy Sports & Outdoors
Wal-Mart
Dollar General
Jimmy Johns
Hardee's
Applebees
Chevrolet
Ram
GMC
New Country
Classic Country