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$200,000

1101 Cherokee Dr, West Tawakoni, TX, 75474

On MarketInfo
Baths0 Bath
Baths784 Sq Ft
Year BuiltBuilt in 2022

Property Lead Type:

Absentee OwnerHigh Equity

About this property

Bring your dreams and make the most of two fully fenced acres at the end of a quiet cul-de-sac! With plenty of space between neighbors, mature trees, a pond and a storage building, this property offers the privacy and breathing room that can be hard to find. The 2022 personal property home that sits on the property features 1,216 sf with 3 bedrooms, 2 bathrooms and a bright, open layout that brings the kitchen and living area together. The kitchen offers abundant cabinet space and a breakfast bar, while the split-bedroom design provides added privacy. The spacious primary suite includes a private bath and walk-in closet, and a separate laundry room adds everyday convenience. Whether you envision a garden, workshop, outdoor entertaining area or simply more room to enjoy, this property offers plenty of possibilities. The seller is offering the manufactured home as a part of the sale with the 2-acre tract and could be converted to real property at closing.

Investor Tools

$0Estimated Mortgage Balance
$129,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
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Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,200 /month
Positive
Cash Flow Estimate:
$400 /month

Interested in this property?

Amy Downs

DHS Realty

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$62/month
No HOA
5.947%

Learn About the Market: Opportunity in Texas

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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: West Tawakoni

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1101 Cherokee Dr | Property Details | No Agent List