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$529,190

NAL Estimated Property Value

107 Elmwood Drive, Ovilla, TX, 75154

Off MarketInfo
Beds4 Beds
Baths4 Bath
Baths2,907 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$134.12 / sqft
Year BuiltBuilt in 2019

Property Lead Type:

Off-Market ListHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2.5Bathrooms Full 2.5
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesConvection Oven, Dishwasher, Double Oven, Electric Cooktop, Electric Oven, Microwave, Plumbed For Ice Maker, Electric Water Heater
FlooringCarpet, Ceramic Tile, Wood

Exterior

Lot Size1.21 acres

Building Information

Year Built2019
Stories2
Roof Type105
Garage Spaces2

Land Information

APN62.9302.903.015.00.111
Lot Number15
SubdivisionWillow Creek Ests Ii
Land UseResidential
Legal DescriptionLOT 15 BLK C WILLOW CREEK ESTS II 1.21 AC
Census Tract060216
Assessed Land Value$125,000
Assessed Improvement Value$404,190
Assessment Year2025

About this property

Gorgeous New Construction Home on over an acre! This 4-5 bed 3.5 bath home comes with an amazing bonus area above the garage that can be either a 2ND master or media-game room! Great features includE LED lighting, Granite counters, shaker cabinets with no slam doors and drawers, along with hardwood floors, beautiful tile and carpets round out this amazing gem! Foam insulation, low-E windows, energy-star appliances and insulated doors make thE home energy efficient! Comes with 1-2-10 New Build Warranty. Owner finance available! If coming to Open House please respect social distancing and a max of 5 people in home at a time!! Thanks!!

Investor Tools

Property Icon
$529,190
Estimated Property Value
$466,518Estimated Mortgage Balance
$62,672Estimated Equity
11% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,175 /month
Positive
Cash Flow Estimate:
$1,058 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,035/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$9,779
$529,190
2025
$125,000
$404,190
$529,190
No

Tax History

Year
Tax Paid
Assessed Value
2024
$9,779
$529,190

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Finance Of America Mortgage Llc
Conventional
$311,920
No
First
Sep 25, 2020
Oct 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$466,518
$62,672
11%
88%
$3,080/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,710/mo
$3,080/mo
$-370/mo
6.1%

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: Ovilla

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107 Elmwood Drive | Property Details | No Agent List