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$518,000

NAL Estimated Property Value

1000 Coralberry Dr, Northlake, TX, 76226

Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths2,023 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$1.46 / sqft
Year BuiltBuilt in 2020

Property Lead Type:

Off-Market ListAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Gas Cooktop, Gas Water Heater, Microwave, Refrigerator
FlooringCarpet, Tile, Wood

Exterior

Exterior FeaturesFire Pit, Rain Gutters, Lighting, Private Yard
Lot Size10,224 sqft

Building Information

Year Built2020
Stories1
Roof Type105
Garage Spaces2

Land Information

APNR768536
Lot Number16
SubdivisionCanyon Falls Pennington Phase Three
Land UseResidential
Legal DescriptionCANYON FALLS PENNINGTON PHASE THREE BLK G LOT 16
Census Tract020317
Assessed Land Value$102,760
Assessed Improvement Value$376,254
Assessment Year2025

About this property

This like-new, single-story home offers the perfect blend of modern elegance and everyday comfort. With 4 spacious bedrooms and 2 bathrooms, this beautifully designed home features an open-concept floor plan, wood flooring, and abundant natural light throughout. The chef’s kitchen boasts an oversized eat-at island, tons of cabinet storage, a stainless steel refrigerator, and a large walk-in pantry. The custom mudroom located off the garage entry is perfect for organization and convenience. The secluded primary suite is a true retreat, featuring a spa-like ensuite with dual sinks, a separate soaking tub, a walk-in shower, and an expansive walk-in closet. Step outside to your private outdoor oasis, complete with a covered patio and cozy fire pit, ideal for relaxing or entertaining. Come live in the sought-after Canyon Falls community, where you’ll enjoy a resort-style pool, fitness center, clubhouse, dog park, fishing pond, walking trails, playground, and lush parks. Plus, your monthly rent includes basic cable, internet, and front yard maintenance. Zoned to the highly rated Northwest ISD and move-in ready now—don’t miss this opportunity to make this exceptional home yours!

Investor Tools

Property Icon
$518,000
Estimated Property Value
$317,489Estimated Mortgage Balance
$200,511Estimated Equity
38% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,108 /month
Positive
Cash Flow Estimate:
$1,036 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,024/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$9,700
$479,014
2025
$102,760
$376,254
$479,014
No

Tax History

Year
Tax Paid
Assessed Value
2024
$9,700
$479,014

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
K Hovnanian American Mortgage Llc
Conventional
$355,200
No
First
Nov 24, 2020
Dec 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$317,489
$200,511
38%
61%
$2,130/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,860/mo
$2,130/mo
+$1,730/mo
8.9%

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: Northlake

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1000 Coralberry Dr | Property Details | No Agent List