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$514,000

109 Derby Ln, Hickory Creek, TX, 75065

Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths2,416 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$225.58 / sqft
Year BuiltBuilt in 2014

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Gas Cooktop, Gas Water Heater, Microwave
FlooringCarpet, Ceramic Tile, Wood

Exterior

Private PoolPrivate Pool
Exterior FeaturesAwning(s), Rain Gutters, Private Yard, Outdoor Grill
Lot Size7,876 sqft

Building Information

Year Built2014
Stories1
Roof Type105
Garage Spaces2

Land Information

APNR565019
Lot Number3
SubdivisionSteeplechase North Addition Phase 1
Land UseResidential
Legal DescriptionSTEEPLECHASE NORTH ADDITION PHASE 1 BLK F LOT 3
Census Tract021410
Assessed Land Value$113,903
Assessed Improvement Value$392,090
Assessment Year2025

About this property

Your private backyard paradise! Step into resort-style living featuring an outdoor retreat designed for year-round enjoyment. The star of the show? A breathtaking saltwater pool with PebbleTec finish, tanning ledge, raised spa with waterfall, and lush landscaping—all set up for unforgettable summer days and relaxing evenings. Fire up the grill in the covered outdoor kitchen complete with a built-in grill, stone prep area, fridge, ceiling fan, and mounted TV that stays. Pull-down shades on the patio keep your entertaining area cool and comfortable no matter the season. Inside, the home is just as impressive. Rich wood floors and upscale tile flow through most of the one-story layout. The chef’s kitchen offers stainless appliances, a 5-burner gas cooktop, granite countertops, knotty alder cabinetry, and lots of natural light. Enjoy cozy nights in the spacious living room with a cast stone fireplace and wall of windows framing your poolside view. A dedicated study with French doors makes working from home a dream. The owners’ suite is a private retreat featuring a garden tub, walk-in shower, dual sinks with quartz counters, and a large walk-in closet. Three secondary bedrooms, include one ideal for guests or a home gym, provide space and flexibility. All located in the sought-after Steeplechase neighborhood with a community pool, scenic trails, and quick access to I-35E, Lake Lewisville, shopping, and dining. New roof in October of 2024. Ring doorbell stays! What a great place to call home.

Investor Tools

Property Icon
$514,000
Estimated Property Value
$486,000Estimated Mortgage Balance
$35,832Estimated Equity
5% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,270 /month
Positive
Cash Flow Estimate:
$1,090 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$937/month
$650/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$8,679
$505,993
2025
$113,903
$392,090
$505,993
No

Tax History

Year
Tax Paid
Assessed Value
2024
$8,679
$505,993

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Ark-La-Tex Financial Services Llc
Conventional
$486,000
No
First
Jun 26, 2025
Aug 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$478,168
$35,832
6%
93%
$2,914/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,730/mo
$3,564/mo
$-834/mo
6.4%

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: Hickory Creek

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109 Derby Ln | Property Details | No Agent List