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$1,531,698

NAL Estimated Property Value

11 Waters Edge Ct, Heath, TX, 75032

Off MarketInfo
Beds5 Beds
Baths5 Bath
Baths5,582 Sq Ft
price_per_sqft$232.87 / sqft
Year BuiltBuilt in 2004

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 5Bedrooms 5
Bathrooms Full 5Bathrooms Full 5
Garage AvailableGarage Available
Heating GasHeating Gas
CoolingCooling
AppliancesSome Gas Appliances, Built In Refrigerator, Double Oven, Dishwasher, Gas Cooktop, Disposal, Gas Oven, Ice Maker, Microwave, Plumbed For Gas, Range, Some Commercial Grade, Wine Cooler
FlooringCarpet, Hardwood, Laminate, Travertine, Wood

Exterior

Private PoolPrivate Pool
Exterior FeaturesBalcony, Fire Pit, Gas Grill, Outdoor Grill, Outdoor Kitchen, Outdoor Living Area
Lot Size15,420 sqft

Building Information

Year Built2004
Stories1
Garage Spaces3

Land Information

APN3188-0019-0002-00-0R
Lot Number2
SubdivisionBuffalo Creek Country Club Estates No 9
Land UseResidential
Legal DescriptionBUFFALO CREEK COUNTRY CLUB ESTATES NO. 9, BLOCK 19, LOT 2
Census Tract040507
Assessed Land Value$225,000
Assessed Improvement Value$1,306,698
Assessment Year2025

About this property

Welcome to an exquisite sanctuary that beautifully merges luxury with functionality. Upon entering, breathtaking views immediately captivate you, setting a remarkable tone for this magnificent residence. Handscraped floors lead you into a grand great room featuring a soaring 14-foot ceiling, majestic wood beams, and a stunning cast stone fireplace, which, along with several others throughout the home, adds warmth and timeless charm. Explore hidden spaces for extra storage or cozy retreats, while the kitchen delights culinary enthusiasts with double gas ranges, a built-in refrigerator, a spacious island, and an expansive walk-in pantry. The primary suite is a luxurious haven, complete with wedding cake ceilings, spectacular views, and indulgent features like a step-in shower and separate vanities. The upper level invites relaxation with a game room, media room, and kitchenette, alongside three additional bedrooms and a balcony overlooking a picturesque golf course and pond. Outside, a remote-controlled saltwater pool and chic pergola create an ideal setting for outdoor entertaining. This home is a true sanctuary, offering an unparalleled living experience where elegance meets comfort.

Investor Tools

Property Icon
$1,531,698
Estimated Property Value
$655,773Estimated Mortgage Balance
$875,925Estimated Equity
57% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$9,190 /month
Positive
Cash Flow Estimate:
$3,063 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$2,260/month
$185/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$19,466
$1,531,698
2025
$225,000
$1,306,698
$1,531,698
No

Tax History

Year
Tax Paid
Assessed Value
2024
$19,466
$1,531,698

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
David Ray Wade
Seller Carryback / Seller Financing / Seller Take-Back
$705,000
No
First
Aug 3, 2022
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$655,773
$875,925
57%
43%
$4,227/mo

City: Heath