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B+
NoAgentList RatingHow are grades calculated? Info

$471,000

1020 County Road 4850, Leonard, TX, 75452

$597,298 ARVInfo
Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,304 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$197.48 / sqft
Year BuiltBuilt in 2022

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms 3Bathrooms 3
AppliancesDishwasher, Disposal, Electric Cooktop, Electric Oven, Microwave
FlooringCarpet, Ceramic Tile

Exterior

Exterior FeaturesRain Gutters
Lot Size1.66 acres

Building Information

Year Built2022
Garage Spaces2

Land Information

APN132756
Lot Number2
Land UseResidential
Legal DescriptionTEXAS CHOICE ESTATES, LOT 2, ACRES 1.658
Census Tract950701
Assessed Land Value$115,160
Assessed Improvement Value$355,440
Assessment Year2025

About this property

Step into luxury and tranquility with this beautiful new build, nestled on a sprawling 1.6 acres of land. This exquisite single-story boasts four spacious bedrooms and three full baths, and offers the perfect blend of luxury and functionality. The high ceilings and expansive windows offer an abundance of natural light creating an inviting and uplifting atmosphere. With a thoughtful layout designed for modern living, enjoy seamless transitions between the living spaces, perfect for both relaxation and entertainment. Step outside and immerse yourself in the serenity of the property, where lush greenery and open space provide the perfect backdrop for outdoor activities and relaxation.

Investor Tools

Property Icon
$471,000
Estimated Property Value
$255,000Estimated Mortgage Balance
$225,164Estimated Equity
46% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$597,297
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,826 /month
Positive
Cash Flow Estimate:
$942 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$762/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,791
$470,600
2025
$115,160
$355,440
$470,600
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,791
$470,600

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Navy Fcu
Conventional
$255,000
No
First
May 10, 2024
Jun 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$245,836
$225,164
47%
52%
$1,529/mo

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: Leonard

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1020 County Road 4850 | Property Details | No Agent List