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For sale
    • Price cut: $2.5K (7/13)
    $71,500

    508 Summit St, Farmersville, TX 75442

    2beds
    999sqft
    : 
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    Single Family Residence
    Built in 1923
    8,712 Square Feet Lot
    $-- Zestimate®
    $72/sqft
    $-- HOA

    What's special

    This home is a prime investment opportunity. Offered as-is and priced below market value, this property is a blank canvas for the savvy investor looking to customize, renovate, or redevelop for maximum returns. Situated in a convenient Farmersville location with close proximity to US-380, the property offers excellent accessibility and strong appeal for future resale or rental potential. Nestled in a growing area with easy access to shopping, dining, and everyday amenities, it provides a strategic location with promising upside. Ideal for those seeking to add value through renovations or redevelopment, this property invites you to capitalize on a rare opportunity in a high-demand market.
    47 days
    |
    1,205
    |
    35
    |

    Likely to sell faster than

    Zillow last checked:

    Listing updated:

    Listed by:

    Breanna Holbrook 0836684 469-621-0081,

    C21 Fine Homes Judge Fite 469-621-0081

    Source: NTREIS,MLS#: 21282870

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 2
      • Bathrooms: 2
      • Full bathrooms: 2
      Primary bedroom
      • Level: First
      • Dimensions: 10 x 10
      Living room
      • Level: First
      • Dimensions: 10 x 10
      Features
      • Other
      • Has basement: No
      • Has fireplace: No
      Interior area
      • Total interior livable area: 999 sqft
      Video & virtual tour

      Property

      Parking
      • Parking features: No Garage, Off Street
      Accessibility
      • Accessibility features: Accessible Approach with Ramp
      Features
      • Levels: One
      • Stories: 1
      • Pool features: None
      Lot
      • Size: 8,712 Square Feet
      Details
      • Parcel number: R695200522701

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Detached
      • Property subtype: Single Family Residence
      Condition
      • Year built: 1923

      Utilities & green energy

      • Utilities for property: None

      Community & HOA

      Community
      • Subdivision: W B Williams Surv
      HOA
      • Has HOA: No
      Location
      • Region: Farmersville

      Financial & listing details

      • Price per square foot: $72/sqft
      • Tax assessed value: $124,805
      • Annual tax amount: $2,709
      • Date on market: 6/3/2026
      • Cumulative days on market: 88 days
      • Listing terms: Cash

        Estimated market value

        Not available

        Estimated sales range

        Not available

        $1,443/mo

        Price history

        DateEventPrice
        7/13/2026Price change$71,500-3.4%$72/sqft
        Source: NTREIS #21282870 Report a problem
        7/6/2026Price change$74,000-6.3%$74/sqft
        Source: NTREIS #21282870 Report a problem
        6/3/2026Listed for sale$79,000-7.1%$79/sqft
        Source: NTREIS #21282870 Report a problem
        5/27/2026Listing removed$84,997$85/sqft
        Source: NTREIS #21224314 Report a problem
        5/13/2026Pending sale$84,997$85/sqft
        Source: NTREIS #21224314 Report a problem
        5/6/2026Price change$84,997-5.6%$85/sqft
        Source: NTREIS #21224314 Report a problem
        4/27/2026Price change$89,997-5.3%$90/sqft
        Source: NTREIS #21224314 Report a problem
        4/20/2026Price change$94,997-5%$95/sqft
        Source: NTREIS #21224314 Report a problem
        4/2/2026Listed for sale$99,997$100/sqft
        Source: NTREIS #21224314 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$7,331 +209.7%$124,805 +71%
        2024$2,367 +14%$72,999 +10%
        2023$2,076 +24%$66,363 +10%
        2022$1,675 +27.2%$60,330 +10%
        2021$1,316 +32%$54,845 +10%
        2020$997 +39.8%$49,859 +10%
        2019$713 +204.7%$45,326 +10%
        2018$234 +23.5%$41,205 -19%
        2017$189 $50,900 +21.3%
        2016$189 +32.9%$41,947 +32.1%
        2015$143 $31,743 +12.8%
        2014$143 $28,144 -1%
        2013-- $28,428 +11.3%
        2012-- $25,549 -1.6%
        2011-- $25,958 +17.6%
        2010-- $22,068 -1.3%
        2009-- $22,363 -1.6%
        2008-- $22,737 +0.4%
        2007-- $22,652 -20.1%
        2006-- $28,349 +2.7%
        2005-- $27,609 +15.2%
        2003-- $23,972 +172.2%
        2002-- $8,806 +10%
        2001-- $8,005 +10%
        2000-- $7,277
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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        Climate risks

        Neighborhood: 75442

        Getting around

        25 / 100
        Car-Dependent
        27 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Tatum
        • Middle: Farmersville
        • High: Farmersville
        • District: Farmersville ISD

        Source: NTREIS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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