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$405,000

NAL Estimated Property Value

1 Hillview Dr, Heath, TX, 75032

$526,500 ARVInfo
Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths2,066 Sq Ft
price_per_sqft$188.77 / sqft
Year BuiltBuilt in 1978

Property Lead Type:

Off-Market ListARV FlipAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
CoolingCooling
AppliancesGas Cooktop, Plumbed For Ice Maker, Vented Exhaust Fan
FlooringLaminate

Exterior

Lot Size18,600 sqft

Building Information

Year Built1984
Stories1
Roof Type105
Garage Spaces4

Land Information

APN3980-0000-0001-00-0R
Lot Number1
SubdivisionHillview Est
Land UseResidential
Legal DescriptionHILLVIEW EST, LOT 1
Census Tract040507
Assessed Land Value$114,400
Assessed Improvement Value$273,994
Assessment Year2025

About this property

Charming modern farm house with prime location in Heath. Fully updated with open floor plan this home has fresh paint, updated kitchen, SS appliances, custom cabinets, exotic tiled bathrooms with quartz and granite kitchen countertops. With NO HOA this property also offers an oversized backyard with carport for two, separate garage with additional sqft for gym or workbench and plenty of outdoor space to enjoy and get creative. Its a short walk to the new Standard Service or CVS and only a couple minute drive into Rockwall or Heath making this an unbeatable location. Perfect for the family that loves to entertain or possible AIR BNB destination.Appraised value $390k!

Investor Tools

Property Icon
$405,000
Estimated Property Value
$328,291Estimated Mortgage Balance
$76,709Estimated Equity
18% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
$526,500
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,430 /month
Positive
Cash Flow Estimate:
$810 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$634/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,581
$388,394
2025
$114,400
$273,994
$388,394
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,581
$388,394

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Guaranteed Rate Inc
Conventional
$358,150
No
First
Dec 27, 2021
Jan 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$328,291
$76,709
18%
81%
$2,148/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,310/mo
$2,148/mo
+$162/mo
6.8%

Learn About the Market: Opportunity in Texas

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Explore

Texas

Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.

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Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: Heath

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1 Hillview Dr | Property Details | No Agent List