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417 Summitt St, Farmersville, TX, 75442

2beds
1baths
832sqft
$100,000
$120price/sqft
$949/moest. monthly cost
$37,960/yrincome needed

About This Home

Calling all investors and developers!! This is an Amazing opportunity to develop one large residential lot or build two SFR once the process to subdivide is finished prior to closing. This land is Within city limits offering city services with no acre restrictions or need for septic!! Ideal corner location with easy access to 380 and downtown Farmersville. The new survey is available and re-plat almost done! just waiting for the buyer to decide what they want to do. The current home has not been condemned but No showings inside will be permitted. Being sold as is. value is in the land mostly.

Getting Around

30
WalkingCar-Dependent
0
TransitVery Limited Transit
28
BikeSomewhat Bikeable

Schools

--
Tatum Elementary SchoolGrades PK-20.8 mi
5/10
Farmersville High SchoolGrades 9-121.1 mi

Construction

Condition

  • Year built: 1956

Materials

  • Construction materials: Unknown

Type & Style

  • Home type: SingleFamily
  • Architectural style: Other,Detached
  • Property subType: Single Family Residence

Interior

Bedroom

  • Level: First
  • Dimensions: 1 x 1

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 1
  • Full bathrooms: 1

Features

  • Other

Interior Area

  • Total interior livable area: 832 sqft

Master Bedroom

  • Level: First
  • Dimensions: 1 x 1

Property

Details

  • Parcel number: R1049012018D1

Features

  • Levels: One
  • Stories: 1
  • Pool features: None
  • Fencing: Other

Lot

  • Lot size: 0.41 Acres
  • Features: Corner Lot,Irregular Lot,Level

Parking

  • Parking features: Driveway
  • Has uncovered spaces: Yes

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Hail
    HailVery High
  • Tornado
    TornadoVery High
  • Heat Wave
    Heat WaveRelatively High
  • Cold Wave
    Cold WaveModerate
  • Inland Flooding
    Inland FloodingModerate
  • Ice Storm
    Ice StormModerate
  • Wildfire
    WildfireModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Hail
Tornado
Heat Wave
Cold Wave
Inland Flooding
Ice Storm
Wildfire
Winter Weather

FEMA Declared Disasters Across Texas Counties

Severe Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $505$6,060
Home Insurance *$83$996
Property Taxes $123$1,476
Electricity $238$2,859
Total$949$11,388
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$32,537/yr
40% on housing$28,470/yr
45% on housing$25,306/yr

Texas FAIR Plan Programs

Texas FAIR Plan Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →

Texas Windstorm Insurance Association

Covered
HailHail
WindWind
Visit Website →
Current Policies
Residential: 126,680Commercial: -4
Total Premiums$237.28M
Total Exposure$32.93B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 6.9%
6.9%
0%30.0%
Electricity Growth Rate10-year average: 3.8%
3.8%
0%15.0%
Property Taxes Growth Rate2-year average: -1.8%
-1.8%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$120This listing

vs Other Active Listings

Avg $/sqft

ZIP 75442$175
Collin County$205

vs Homes Sold Last Month

Median $/sqft

ZIP 75442$142
Collin County$185

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

No zestimate history available

Price History

DateEventPrice
2025-08-27Price change$110,000
2025-08-06Price change$130,000
2025-06-13Price change$135,000
2025-05-12Price change$145,000
2025-04-22Price change$150,000
2025-03-19Price change$155,000
2025-03-06Price change$160,000
2025-02-19Price change$165,000
2025-01-30Listed for sale$170,000
2022-10-24Listing removed--
2022-09-15Listed for sale$175,000
2022-09-14Sold--
2022-08-26Pending sale$175,000
2022-08-16Price change$175,000
2022-06-23Listed for sale$199,900

For Sale by Agent

AgentGeniya Talsky
BrokerageAlign Realty

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