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Days63Days on Market
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$1,039,000

$1,099,000

1 Kensington Dr, Heath, TX, 75032

On MarketInfo
Price DropInfo
Beds4 Beds
Baths4 Bath
Baths4,116 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$252.43 / sqft
Year BuiltBuilt in 2005

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Bathrooms Half 1Bathrooms Half 1
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating GasHeating Gas
CoolingCooling
AppliancesDishwasher, Disposal, Electric Oven, Gas Range, Microwave, Vented Exhaust Fan

Exterior

Private PoolPrivate Pool
Lot Size39,945 sqft

Building Information

Year Built2016
Stories1
Garage Spaces3

Land Information

APN5124-000C-0009-00-0R
Lot Number9
SubdivisionStoneleigh Phase Two
Land UseResidential Sfr Non-Waterfront
Census Tract040508
Assessed Land Value$280,000
Assessed Improvement Value$818,623
Assessment Year2025

About this property

Nestled on nearly an acre beneath mature trees in Heath’s highly sought-after Stoneleigh neighborhood, this exceptional estate blends luxury living with practical value. The backyard is a true private retreat, featuring a resort-style pool and an expansive outdoor living space complete with a fireplace, built-in gas grill, Big Green Egg, dual refrigerators, and a covered outdoor living area with TV and furnishings that will remain with the home. All outdoor patio and poolside furniture will also convey, allowing the next owner to immediately enjoy the space. Inside, the thoughtfully designed floor plan is filled with natural light and offers spacious living areas, a well-appointed kitchen with excellent flow, a private primary suite, and versatile secondary bedrooms. The primary bedroom TV, exercise room TV, and an impressive media room complete with projector, furniture, and audio equipment will remain with the property. Certain additional furniture pieces and appliances may also be available. The seller is willing to consider concessions toward a mortgage rate buy-down or buyer closing costs, creating an opportunity to reduce upfront expenses and monthly payments. The pool heater was replaced in Spring 2026, and the home is equipped with an upgraded Class 4 impact-resistant roof installed in 2021, which may qualify the future owner for insurance premium discounts (buyer to verify with their insurance carrier). Conveniently located near Lake Ray Hubbard, shopping, dining, and top-rated Rockwall ISD schools, this property offers the space, amenities, and lifestyle that make Heath one of North Texas’ most desirable communities. With extensive included amenities, recent updates, and potential monthly savings opportunities, this is a rare offering in Stoneleigh.

Investor Tools

$106,063Estimated Mortgage Balance
$1,032,219Estimated Equity
91% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$6,828 /month
Positive
Cash Flow Estimate:
$2,276 /month

Interested in this property?

Justin Holland

Legacy & Co. Real Estate LLC

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,811/month
$700/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
N/A
$1,098,623
2025
$280,000
$818,623
$1,098,623
No

Tax History

Year
Tax Paid
Assessed Value
2024
N/A
$1,098,623

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Certified Funding Lp
Purchase Money Mortgage
$133,184
No
First
Nov 4, 2016
Nov 2031

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$106,063
$1,110,937
91%
9%
$799/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,010/mo
$1,499/mo
+$1,511/mo
3.2%

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.

Explore Texas Explore This Area
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 Kensington Dr | Property Details | No Agent List