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$296,090

1078 Cedar Lane, Gilchrist, TX, 77617

Off MarketInfo
Beds2 Beds
Baths2 Bath
Baths762 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$367.45 / sqft

Property Lead Type:

Absentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
Heating CentralHeating Central
CoolingCooling
AppliancesElectric Oven, Microwave, Electric Cooktop, Dryer, Refrigerator, Washer
FlooringWood

Exterior

Exterior FeaturesBalcony
Lot Size5,001 sqft

Building Information

Year Built2022
Stories1
Roof Type105

Land Information

APN5350-0000-0045-000
Lot Number45
SubdivisionNorth Caplen
Land UseResidential
Legal DescriptionABST 64 PAGE 3 & 4 LOT 45 NORTH CAPLEN ADDN
Census Tract723900
Assessed Land Value$60,000
Assessed Improvement Value$236,090
Assessment Year2025

About this property

MUST SEE EXTRAORDINARY OPPORTUNITY! Exterior Colors of the homes will depend on lot #. Website/video attached. Brand New Villas + ADDITIONAL OPTIONS such as a loft area, garage, outside shower, RV connections & Quartz Kitchen Counters. 30 second Golf Cart Ride To The Beach! Incredible Beach Community With Magnificent Views of the Beach & Intracoastal. Community Amenities Featuring; Ponds, Pavilion, Observatory Deck, Splash Pad, BBQ and Lounging Areas. Tongue and Groove Wood Stained Flooring, Stainless Steel Appliances, Stained Butcher Block Counters, Quartz Bathroom Counters. SELLING FAST! This particular home has a loft and is move in ready!

Investor Tools

Property Icon
$296,090
Estimated Property Value
$0Estimated Mortgage Balance
$56,329Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,777 /month
Positive
Cash Flow Estimate:
$592 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$523/month
$850/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,796
$296,090
2025
$60,000
$236,090
$296,090
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,796
$296,090

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Genhome Mortgage Corp
Conventional
$252,000
No
First
Sep 28, 2023
Oct 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$239,761
$56,329
19%
81%
$1,511/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.

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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: Gilchrist

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1078 Cedar Lane | Property Details | No Agent List