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B+
NoAgentList RatingHow are grades calculated? Info

$510,000

1124 Chestnut Dr, Venus, TX, 76084

Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths2,248 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$226.87 / sqft
Year BuiltBuilt in 2005

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
AppliancesDishwasher, Disposal, Electric Oven, Electric Range
FlooringVinyl

Exterior

Lot Size1 acre

Building Information

Year Built2005
Garage Spaces2

Land Information

APN126.4454.00440
Lot Number14
Land UseResidential
Legal DescriptionLOT 14 BLK 3 VENUS RIDGE PH 1
Census Tract130412
Assessed Land Value$74,000
Assessed Improvement Value$421,962
Assessment Year2025

About this property

Don't miss this amazing opportunity to live in the highly sought after Venus Ridge community! Country living and just 30 minutes to Dallas Fort Worth. No City Taxes! No HOA! This beautiful one owner home has 4 bedrooms, 2 bathrooms & sits on a 1 acre corner lot. Split bedrooms plus study and 2 dining rooms. Interior features include new luxury vinyl plank, fresh paint throughout, wood burning fireplace, new primary bathroom shower (not pictured yet) and newer kitchen appliances (1yr). Ample space to create your backyard oasis. Enjoy the gorgeous views from your covered patio in the backyard or front porch. Need room for your extra vehicles, boats, hobbies, or storage? Recently built in 2020 is a large 20x30 workshop with electricity and also has an attached 25x30 carport. Workshop includes 2 garage doors in the front and 1 garage door in the back. Come see for yourself!

Investor Tools

Property Icon
$495,962
Estimated Property Value
$390,000Estimated Mortgage Balance
$125,529Estimated Equity
21% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,060 /month
Positive
Cash Flow Estimate:
$1,020 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$601/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,732
$495,962
2025
$74,000
$421,962
$495,962
No

Tax History

Year
Tax Paid
Assessed Value
2025
$4,732
$495,962

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Rocket Mortgage Llc
Conventional
$390,000
No
First
Aug 11, 2023
Sep 2038

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$370,433
$125,529
25%
75%
$2,339/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,972/mo
$2,339/mo
$-367/mo
4.8%

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: Venus

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1124 Chestnut Dr | Property Details | No Agent List