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$457,010

NAL Estimated Property Value

1050 N Cardinal Rd, Reno, TX, 76020

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,628 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$245.09 / sqft
Year BuiltBuilt in 2023

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
AppliancesDishwasher, Disposal, Electric Range, Microwave, Vented Exhaust Fan
FlooringCarpet, Ceramic Tile, Wood

Exterior

Exterior FeaturesRain Gutters
Lot Size1.02 acres

Building Information

Garage Spaces2

Land Information

APN10396-001-004-00
Lot Number4
SubdivisionBarnes Addition
Land UseResidential
Legal DescriptionACRES: 1.020 LOT: 4 BLK: 1 SUBD: BARNES ADDITION F-128
Census Tract140413
Assessed Land Value$81,190
Assessed Improvement Value$375,820
Assessment Year2025

About this property

PRICE IMPROVEMENT!! TITLE PAID WHEN USING PREFERRED LENDER AND BUILDER PAYS FOR SURVEY! WHAT A DEAL! Let the feel of a semi-custom home built by Structured Custom Homes located in the hidden gem of Barnes Addition (Lot 4). This home sits back into a circle of beautiful mature trees giving you a jaw dropping view. Open concept floorplan with 3 bedrooms, 2 bathrooms, and a large kitchen that overlooks the living area. You will fall in love with the vaulted ceilings making the home feel even more warm and spacious! Builder's design team has hand selected every finish to make the home feel perfect and complete. Don't forget to check out the back patio to envision the memories that can be made!! Country living with city perks right down the street. This one is a diamond!!

Investor Tools

Property Icon
$457,010
Estimated Property Value
$398,789Estimated Mortgage Balance
$58,221Estimated Equity
12% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,742 /month
Positive
Cash Flow Estimate:
$914 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$746/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
N/A
$457,010
2025
$81,190
$375,820
$457,010
No

Tax History

Year
Tax Paid
Assessed Value
2025
N/A
$457,010

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Mortgage Research Center Llc
Va
$415,000
Yes
First
Mar 8, 2024
Apr 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$398,789
$58,221
12%
87%
$2,489/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: Reno

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1050 N Cardinal Rd | Property Details | No Agent List