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$423,000

NAL Estimated Property Value

1080 N Cardinal Rd, Reno, TX, 76020

$449,245 ARVInfo
Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,734 Sq Ft
price_per_sqft$245.1 / 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, Vinyl

Exterior

Lot Size1.29 acres

Building Information

Garage Spaces2

Land Information

APN10396-001-007-00
Lot Number7
SubdivisionBarnes Addition
Land UseResidential
Legal DescriptionACRES: 1.290 LOT: 7 BLK: 1 SUBD: BARNES ADDITION F-128
Census Tract140413
Assessed Land Value$95,720
Assessed Improvement Value$309,464
Assessment Year2025

About this property

PRICE IMPROVEMENT!! BUILDER OFFERING 5K TOWARD SELLER CONCESSIONS AS WELL AS PAID SURVEY! TITLE PAID WHEN USING PREFERRED LENDER!! What a deal!!! This stunning home is surrounded by full mature gorgeous trees located in the hidden gem of our Barnes Addition. Over 10k worth of beautiful designer upgrade selections have been handpicked that is sure to make the home feel super custom once finished. This is a spacious floorplan with 3 bedrooms, 2 bathrooms, and a kitchen with an oversized island that overlooks the living area! Lots of room for entertainment and more than enough room outside as the home sits on an acre. Long extended driveway makes your entrance serene and surreal! Get the best of both worlds! Country living right by the city!! Call now for more details!!!!

Investor Tools

Property Icon
$423,000
Estimated Property Value
$413,253Estimated Mortgage Balance
$9,747Estimated Equity
2% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$449,244
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,550 /month
Positive
Cash Flow Estimate:
$850 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$669/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
N/A
$405,184
2025
$95,720
$309,464
$405,184
No

Tax History

Year
Tax Paid
Assessed Value
2025
N/A
$405,184

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Freedom Mortgage Corporation
Fha
$420,660
Yes
First
May 14, 2025
Jun 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$413,253
$9,747
2%
98%
$2,523/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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1080 N Cardinal Rd | Property Details | No Agent List