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$254,000

1106 Hinged Opal Dr, Iowa Colony, TX, 77583

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,570 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$162.42 / sqft
Year BuiltBuilt in 2020

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 1Bathrooms Full 1
Garage AvailableGarage Available
Heating ElectricHeating Electric
CoolingCooling
AppliancesENERGY STAR Qualified Appliances, Disposal, Electric Oven, Microwave, Electric Range, Dishwasher, Refrigerator
FlooringCarpet, Vinyl

Exterior

Lot Size8,560 sqft

Building Information

Year Built2020
Stories1
Roof Type105
Garage Spaces2

Land Information

APN7793-4003-001
Lot Number1
SubdivisionSterling Lakes West Sec 4
Land UseResidential
Legal DescriptionSTERLING LAKES WEST SEC 4 (A0714 WM PATTUS) BLK 3 LOT 1
Census Tract661902
Assessed Land Value$52,040
Assessed Improvement Value$189,270
Assessment Year2025

About this property

Brand New LGI home build 10/2020, Maple floor plan. Newly build gated community with lovely pools, playgrounds and GYM facility. Large corner lot home with updated curb appeal. The entire backyard was done with double knockout roses, white flag stone and fresh grass. Sprinkler system was installed for the roses and solar lights. Inside home crown molding and new blinds. Open floor plan, Kitchen+ breakfast area facing the living room. The refrigerator stays along with the stove and microwave. Separate dinning room next to the front entrance. No need to turn light on, lots of natural light. Utility room inside the home. Large primary bedroom facing the backyard plus Primary bath/shower with walk-in closet. No worries with a brand new home. Come see for yourself.

Investor Tools

Property Icon
$254,000
Estimated Property Value
$242,250Estimated Mortgage Balance
$34,042Estimated Equity
5% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,530 /month
Positive
Cash Flow Estimate:
$510 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$485/month
$1,140/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,555
$241,310
2025
$52,040
$189,270
$241,310
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,555
$241,310

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Home Usa Mortgage Inc
Conventional
$242,250
No
First
Jul 15, 2021
Aug 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$219,958
$30,042
12%
87%
$1,453/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: Iowa Colony

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1106 Hinged Opal Dr | Property Details | No Agent List