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$766,036

NAL Estimated Property Value

111 N Clearwater Dr, Highland Village, TX, 75077

Off MarketInfo
Beds5 Beds
Baths4 Bath
Baths2,954 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$273.36 / sqft
Year BuiltBuilt in 1975

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityCash BuyersMove-In Ready

Highlights

Interior

Bedrooms 5Bedrooms 5
Bathrooms Full 2Bathrooms Full 2
Bathrooms Half 2Bathrooms Half 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Gas Range, Gas Water Heater, Double Oven, Wine Cooler
FlooringBrick, Carpet, Ceramic Tile, Wood

Exterior

Exterior FeaturesAwning(s), Rain Gutters, Private Yard
Lot Size10,001 sqft

Building Information

Year Built1975
Stories1
Roof Type105
Garage Spaces2

Land Information

APNR04703
Lot Number6
SubdivisionClearwater Estates Inst B
Land UseResidential
Legal DescriptionCLEARWATER ESTATES INST B LOT 6
Census Tract021513
Assessed Land Value$99,200
Assessed Improvement Value$748,034
Assessment Year2025

About this property

Beautifully renovated 1-story home showcasing timeless craftsmanship and modern updates thru, nestled on a premium corner lot in sought-after Highland Village. Offered with the adjoining lot, this rare property spans just under half acre, is zoned for exemplary schools, all within walking distance to Lake Lewisville & miles of scenic trails. Extensively renovated inside and out over the past 8 years, the home welcomes you with a redesigned front porch, new walkway, fresh landscaping, and fresh interior paint. Inside, enjoy a blend of wood-look tile, ceramic tile, brick and carpet flooring. The chef’s kitchen is truly the heart of the home, featuring a massive island with breakfast bar seating, quartz counters, travertine backsplash, SSAs, a 5-burner gas range with double ovens, wine fridge, butler’s pantry & full wall pantry with pull-out drawers. Designed for entertaining, the breakfast area & great room flow seamlessly together and open thru 2 sets of patio doors. The main living room is anchored by a charming brick fireplace, creating a warm & inviting gathering space. This versatile floorplan offers 5 bedrooms and 4 updated baths, including 2 private primary suites with walk-in closets & renovated ensuite baths. The original owner’s retreat features its own private exterior entrance, making it ideal for multigenerational living or guests. Step outside and discover an outdoor oasis with a covered raised deck, dual gazebo areas, firepit, and wrought iron fencing surrounded by mature trees. Beyond brand-new patio doors, enjoy an oversized 2-car garage with epoxy flooring, gated rear parking, storage shed, and ample room for RVs, boats, and multiple vehicles. A private well services the expansive lot to help keep the grounds lush year-round. This is truly a must-see property to fully appreciate the unique overall setup, versatility of the floorplan, exceptional outdoor living spaces, and the rare expansive corner lot offering endless possibilities. Welcome home.

Investor Tools

Property Icon
$766,036
Estimated Property Value
$0Estimated Mortgage Balance
$766,036Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,845 /month
Positive
Cash Flow Estimate:
$1,615 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,471/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$13,825
$766,036
2025
$99,200
$748,034
$847,234
No

Tax History

Year
Tax Paid
Assessed Value
2025
$13,825
$766,036

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$766,036
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,460/mo
N/A
+$2,460/mo
3.9%

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: Highland Village

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111 N Clearwater Dr | Property Details | No Agent List