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$629,000

107 Lemley Dr, Heath, TX, 75032

On MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,532 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$410.57 / sqft
Year BuiltBuilt in 2001

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating GasHeating Gas
CoolingCooling
AppliancesDishwasher, Disposal
FlooringCarpet, Tile, Wood

Exterior

Private PoolPrivate Pool
Lot Size12,502 sqft

Building Information

Year Built2019
Stories1
Garage Spaces2

Land Information

APN3210-0002-0026-00-0R
Lot Number26R
SubdivisionCandlelite Park #1
Land UseResidential
Legal DescriptionCANDLELITE PARK #1, BLOCK 2, LOT 26R, (REPLAT-2001)
Census Tract040511
Assessed Land Value$162,400
Assessed Improvement Value$282,781
Assessment Year2025

About this property

Welcome to your private resort style backyard, walking distance from the shores of Lake Ray Hubbard. This exceptional property features a beautifully maintained 3-bedroom, 2-bath main residence with 1,517 square feet, plus a fully permitted 900-square-foot guest house (ADU) complete with a bedroom, bath, kitchen, dining area, living room, and dedicated 36,000 BTU mini-split system—perfect for guests, multigenerational living, a home office, or extended stays. Designed for entertaining on a grand scale, the backyard showcases a stunning $136,000 saltwater pool featuring a PebbleTec-style River Rok® natural pebble finish, tanning ledge, grotto waterfall with submerged seating, in-pool table, LED color-changing lighting, auto-fill system, Freeze Guard protection, and smartphone-controlled Pentair equipment. Surrounding the pool is approximately 1,800 square feet of decking, upgraded landscaping, an outdoor shower, commercial ice maker, water filtration system, and multiple outdoor lighting options that create an incredible evening atmosphere. Additional improvements include premium CertainTeed Landmark Pro roofs on both structures, newer HVAC system (2022), UV-C mold light system, plantation shutters throughout, new window glass installed in 2026, professionally cleaned fireplace with new firebox liner (2025), oversized jetted primary bath tub, and his-and-her closets. The guest house opens seamlessly to the pool area through custom commercial-style frosted glass garage doors, creating a unique indoor-outdoor entertaining experience. An iron fence, custom finishes, and countless upgrades throughout make this one-of-a-kind Heath property a rare opportunity for those seeking comfort, flexibility, and resort-style living.

Investor Tools

Property Icon
$445,181
Estimated Property Value
$205,000Estimated Mortgage Balance
$256,571Estimated Equity
54% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,774 /month
Positive
Cash Flow Estimate:
$1,258 /month

Interested in this property?

Geoffrey Lyons

The Agency Rockwall

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$614/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,140
$445,181
2025
$162,400
$282,781
$445,181
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,140
$445,181

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Credit Union Of Texas
Conventional
$205,000
No
First
Apr 5, 2022
May 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$188,610
$256,571
57%
42%
$1,230/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,310/mo
$1,230/mo
+$1,080/mo
6.2%

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: Heath

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