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Days36Days on Market
Views21view
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$715,000

$739,000

1024 Fairway Ranch Pkwy, Roanoke, TX, 76262

On MarketInfo
Price DropInfo
Beds4 Beds
Baths3 Bath
Baths2,551 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$280.28 / sqft
Year BuiltBuilt in 2018

Property Lead Type:

Absentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Oven, Gas Cooktop, Microwave, Convection Oven, Double Oven, Tankless Water Heater, Vented Exhaust Fan, Wine Cooler
FlooringTile, Wood

Exterior

Exterior FeaturesFire Pit, Gas Grill, Rain Gutters, Outdoor Kitchen
Lot Size16,191 sqft

Building Information

Year Built2018
Stories1
Roof Type105
Garage Spaces2

Land Information

APNR694276
Lot Number31R
SubdivisionFairway Ranch Phase 2
Land UseResidential
Legal DescriptionFAIRWAY RANCH PHASE 2 BLK J LOT 31R
Census Tract020312
Assessed Land Value$275,355
Assessed Improvement Value$562,937
Assessment Year2025

About this property

Nestled on over a third of an acre backing to a greenbelt in sought after Fairway Ranch, this stunning single-story home offers luxury living inside & out. Beautiful curb appeal welcomes you with a timeless brick & stone elevation, lush landscaping & a 3-car garage featuring charming wood garage doors. Gorgeous wood flooring flows throughout the bright open floorplan where expansive windows showcase serene greenbelt views & fill the home with natural light. The showpiece kitchen is designed to impress with white cabinetry, quartz countertops, a large seated island, gas cooktop with pot filler, double ovens, abundant storage & seamless flow into the dining area where additional built-in cabinetry & a wine cooler make entertaining effortless. The spacious living area with gas fireplace creates the perfect backdrop for gatherings both large & small. Relax in the luxurious primary suite featuring a sitting area with patio access & a spa-inspired ensuite bath complete with dual sinks, an oversized shower with body sprays & a walk-in closet with custom closet system. One of the three secondary bedrooms offers a private ensuite bath, ideal for guests or multigenerational living. Thoughtful design touches like high end wood accent walls in the primary suite & under breakfast bar plus custom woven wood blinds add style & function. Enjoy the backyard retreat where the extended covered patio features a fireplace & outdoor kitchen, creating the ultimate entertaining space. A cozy fire pit invites evenings spent talking under the stars & making s’mores while enjoying the oversized backyard & tranquil greenbelt backdrop. BONUS: A whole-home generator provides added peace of mind & convenience year-round. Residents of Fairway Ranch enjoy exceptional amenities including a community pool, playgrounds, fishing ponds, dog park, scenic walking trails & an in-community elementary school. Conveniently located near Highway 114 with easy access to shopping, dining, and entertainment.

Investor Tools

$0Estimated Mortgage Balance
$838,292Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$5,030 /month
Positive
Cash Flow Estimate:
$1,677 /month

Interested in this property?

Lily Moore

Lily Moore Realty

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,352/month
$606/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$12,035
$838,292
2025
$275,355
$562,937
$838,292
No

Tax History

Year
Tax Paid
Assessed Value
2025
$12,035
$838,292

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$838,292
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,760/mo
$606/mo
+$2,154/mo
4.0%

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: Roanoke

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1024 Fairway Ranch Pkwy | Property Details | No Agent List