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$448,000

10385 Cedar Lake Dr, Providence Village, TX, 76227

Off MarketInfo
Beds4 Beds
Baths4 Bath
Baths2,534 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$176.8 / sqft
Year BuiltBuilt in 2012

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Cooktop, Electric Oven, Electric Water Heater
FlooringCarpet, Wood

Exterior

Exterior FeaturesBalcony, Rain Gutters
Lot Size5,502 sqft

Building Information

Year Built2012
Stories2
Roof Type105
Garage Spaces2

Land Information

APNR246605
Lot Number5
SubdivisionProvidence Ph 2
Land UseResidential
Legal DescriptionPROVIDENCE PH 2 BLK N LOT 5
Census Tract020122
Assessed Land Value$136,175
Assessed Improvement Value$321,475
Assessment Year2025

About this property

Best lot in Providence Village! Relax and enjoy the amazing lake view! This 4 bedroom 3.5 bathroom home has a a luxurious primary bedroom upstairs with a sitting room, large ensuite bathroom, walk in closet and a balcony that looks out to the lake. There is an additional ensuite bedroom downstairs that could be a second primary bedroom, in law suite or a retreat for guests. There are also 2 large bedrooms and a flexible living space upstairs. The downstairs living area has real hardwood floors throughout. The kitchen is a cook's dream with updated appliances, granite countertops, a large island and a window to the over sized backyard and the lake just beyond. The front of the house has a huge covered porch and an additional balcony. The perks of this home don't stop there - it is also within walking distance to the community water park, resort style pool, basketball courts, parks, fitness center and walking trails.

Investor Tools

Property Icon
$457,650
Estimated Property Value
$328,000Estimated Mortgage Balance
$141,949Estimated Equity
28% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,746 /month
Positive
Cash Flow Estimate:
$915 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$713/month
$450/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,268
$457,650
2025
$136,175
$321,475
$457,650
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,268
$457,650

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Guaranteed Rate Inc
Conventional
$328,000
No
First
Apr 1, 2024
May 2044

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$315,701
$141,949
31%
69%
$1,967/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,820/mo
$2,417/mo
+$403/mo
7.4%

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: Providence Village

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10385 Cedar Lake Dr | Property Details | No Agent List