5531 Mitch Mcmillan Road has been categorized by the local assessors in Franklin, TX as a residential type of property.
The building on the property was first built in 1995 and is 29 years old.
In addition, 5531 Mitch Mcmillan Road has 1,216 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building.
The area measurement of the land has been determined as 21,838,588 square feet.
Fans of architecture and design would be interested in knowing that the building on the property was built in a mobile home style.
Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Current property owners are expected to pay $3,545 in taxes per year. The property on 5531 Mitch Mcmillan Road was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $246,554. To break that down further, the land itself was valued at $3,750,034. While improvements to the property were assessed at a total of $209,435. Based on our records, the total assessed value for this property has been marked as less than the total market value as of this moment. Which is great for tax purposes. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.
Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Current property owners are expected to pay $3,545 in taxes per year. The property on 5531 Mitch Mcmillan Road was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $246,554. To break that down further, the land itself was valued at $3,750,034. While improvements to the property were assessed at a total of $209,435. Based on our records, the total assessed value for this property has been marked as less than the total market value as of this moment. Which is great for tax purposes. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.
This property description is generated based on publicly available data.
5531 Mitch Mcmillan Road, Franklin, TX 77856
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