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$393,000

NAL Estimated Property Value

1108 Indian Mallow Dr, Temple, TX, 76502

$510,900 ARVInfo
Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths2,878 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$147.67 / sqft
Year BuiltBuilt in 2016

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityVacant HomesMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 2Bathrooms 2
Garage AvailableGarage Available
AppliancesDishwasher, Electric Cooktop, Electric Range, Disposal, Oven, Refrigerator, Water Heater, Range
FlooringTile

Exterior

Lot Size9,496 sqft

Building Information

Year Built2016
Stories1
Garage Spaces2

Land Information

APN439689
Lot Number21
SubdivisionWildflower Meadows Phase 1
Land UseResidential
Legal DescriptionWILDFLOWER MEADOWS PHASE 1, BLOCK 001, LOT 0021, ACRES .218
Census Tract020301
Assessed Land Value$16,618
Assessed Improvement Value$376,028
Assessment Year2025

About this property

Prime Investment Opportunity – Leased Duplex in Belton ISD! Welcome to 1108 Indian Mallow Dr, a turn-key income-producing duplex in the desirable Wildflower Meadows subdivision. Just under a mile from Wildflower Country Club & Golf Course and minutes from the shopping and dining options on West Adams Avenue, this property offers location, convenience, and long-term value. Zoned for the highly acclaimed Belton ISD, this duplex features two units (A & B). Unit A is leased at $1500/month. Unit B is maintained as a showcase home for showing purposes. Rent potential is $1600-$1700/month, and can generate a combined monthly income of $3100, with reliable long-term tenants already in place. Each unit offers: 3 spacious bedrooms, 2 full bathrooms and zero carpet, An open-concept living and dining area filled with natural light, A stylish kitchen with granite countertops and ample cabinetry, A large primary suite with private backyard views, a well-appointed en-suite bath, and generous closet space, A covered front patio and a private backyard – ideal for family gatherings and relaxation. Located close to H-E-B, Walmart, local restaurants, and only 4 miles from the famous Temple Mall, the property also enjoys quick access to major roadways including I-35, I-14, and H K Dodgen Loop. Whether you’re a seasoned investor or just starting your portfolio, this is an unbeatable opportunity in a growing, high-demand area. Don’t miss your chance to own this high-yield property in a fantastic location!

Investor Tools

Property Icon
$393,000
Estimated Property Value
$413,931Estimated Mortgage Balance
$393,000Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
$510,900
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
$929/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$9,178
$392,646
2025
$16,618
$376,028
$392,646
No

Tax History

Year
Tax Paid
Assessed Value
2024
$9,178
$392,646

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Fairway Independent Mortgage Corp
Va
$418,815
Yes
First
Sep 8, 2025
Oct 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$413,931
N/A
0%
105%
$2,512/mo

City: Temple

1108 Indian Mallow Dr | Property Details | No Agent List