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$274,500

1051 Elm Dr, Providence Village, TX, 76227

On MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,434 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$191.42 / sqft
Year BuiltBuilt in 2003

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Cooktop, Electric Oven, Microwave
FlooringCeramic Tile, Vinyl

Exterior

Exterior FeaturesOther
Lot Size5,419 sqft

Building Information

Year Built2003
Stories1
Roof Type105
Garage Spaces2

Land Information

APNR246277
Lot Number13
SubdivisionProvidence Ph 1
Land UseResidential
Legal DescriptionPROVIDENCE PH 1 BLK D LOT 13
Census Tract020122
Assessed Land Value$89,414
Assessed Improvement Value$223,363
Assessment Year2025

About this property

Welcome Home! Why rent when you can own? This beautifully maintained, move-in ready 3-bedroom, 2-bath home is the perfect opportunity to start building equity while enjoying all the incredible amenities Providence Village has to offer! From the inviting covered front porch to the bright, open-concept floor plan, this home is designed for comfortable everyday living and effortless entertaining. The spacious living room features a cozy wood-burning fireplace and flows seamlessly into the kitchen and dining area, creating the perfect space for family dinners, game nights, or hosting friends. The kitchen offers ample cabinetry, a pantry, and generous prep space. The private primary suite is tucked away from the secondary bedrooms and includes dual sinks, a relaxing garden tub, separate shower, and a large walk-in closet. Luxury vinyl plank flooring, abundant natural light, and thoughtful updates make this home truly move-in ready. Step outside to enjoy your private backyard with plenty of space to relax, entertain, or let kids and pets play. The rear-entry garage adds both convenience and curb appeal. Living in Providence Village means more than owning a home—it's a lifestyle! Residents enjoy resort-style pools, a fitness center, clubhouse, scenic walking trails, parks, playgrounds, green spaces, and year-round community events that make it easy to meet neighbors and create lasting memories. Whether you're taking an evening stroll, spending weekends at the pool, or enjoying the many neighborhood amenities, you'll love calling this vibrant community home. Conveniently located near shopping, dining, schools, and major commuting routes, this home offers exceptional value and an unbeatable lifestyle. Don't miss your opportunity to make homeownership a reality

Investor Tools

$176,621Estimated Mortgage Balance
$136,901Estimated Equity
43% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,877 /month
Positive
Cash Flow Estimate:
$626 /month

Interested in this property?

Karla Cedillos

EXP REALTY

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$614/month
$436/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,803
$312,777
2025
$89,414
$223,363
$312,777
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,803
$312,777

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Synergy One Lending
Fha
$201,286
Yes
First
Feb 26, 2020
Mar 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$176,621
$136,156
43%
56%
$1,207/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,680/mo
$1,643/mo
+$2,037/mo
14.1%

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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1051 Elm Dr | Property Details | No Agent List