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Owner Contacts

$725,000

NAL Estimated Property Value

1120 Karsten Ridge Pass, Gunter, TX, 75058

Off Market

4 Beds

5 Bath

3,543 Sq Ft

Single Family Residence

$197.54 / sqft

Built in 2017

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 4

Bathrooms Full 5

Garage Available

AppliancesDishwasher, Disposal, Electric Oven, Gas Cooktop, Gas Water Heater, Microwave, Tankless Water Heater, Vented Exhaust Fan

FlooringCarpet, Ceramic Tile, Wood

Exterior

Exterior FeaturesRain Gutters

Lot Size23,087 sqft

Building Information

Year Built2017

Garage Spaces2

Land Information

APN293 7218002

Lot Number257R

SubdivisionBridges Preston Crossing Replt Lt256-261

Land UseResidential

Legal DescriptionBRIDGES PRESTON CROSSING REPLT LT256-261 BLK M 324 325 BLK O, BLOCK N, LOT 257R, ACRES 0.53

Census Tract001901

Assessed Land Value$227,636

Assessed Improvement Value$470,264

Assessment Year2025

About this property

VERY MOTIVATED SELLER, ALL OFFERS WILL BE CONSIDERED! LUXURY LIVING at THE BRIDGES! Featuring 4 spacious bedrooms, 3 full bathrooms and 2 half baths, this beautiful home sits on just over HALF AN ACRE. You are immediately greeted by a grand spiral staircase, hand scraped wooden floors and crown molding. Large private office with glass french doors and coffered ceiling. Large formal dining room, butlers pantry and a gourmet kitchen with beautiful custom cabinetry and an open layout perfect for entertaining. You'll find the master retreat on the first floor which offers amazing views into the backyard and showcases more coffered ceiling. HUGE WALK IN CLOSET!! Secondary bedroom with ensuite on first floor allows for additional privacy and perfect for a mother in law suite or guest quarters. Game room or loft upstairs with two additional bedrooms. This community features acre homes, golfing, club house, community pool. Energy efficient in cooling and heating.

Investor Tools

$725,000

Estimated Property Value

$496,555Estimated Mortgage Balance

$228,445Estimated Equity

31% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$4,350 /month

Positive

Cash Flow Estimate:

$1,450 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$1,267/month

$600/month

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$11,581

$697,900

2025

$227,636

$470,264

$697,900

Tax History

Year

Tax Paid

Assessed Value

2024

$11,581

$697,900

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Integrity Mortgage Corporation Of Texas

Conventional

$515,900

First

Apr 16, 2024

May 2054

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$496,555

$228,445

31%

68%

$3,094/mo

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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