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$620,000

1129 Madrone Rd, Fischer, TX, 78623

Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths2,431 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$263.27 / sqft
Year BuiltBuilt in 2025

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms 2Bathrooms 2
AppliancesOven, Dishwasher, Disposal, Exhaust Fan, Gas Cooktop, Microwave
FlooringTile

Exterior

Private PoolPrivate Pool
Exterior FeaturesGas Grill, Outdoor Grill
Lot Size1.10 acres

Building Information

Garage Spaces2

Land Information

APN45-0101-0021-00
Lot Number21
SubdivisionLegends At Rancho Del Lago (The) 1
Land UseVacant Land
Legal DescriptionLEGENDS AT RANCHO DEL LAGO (THE) 1, LOT 21
Census Tract310603
Assessed Land Value$99,090
Assessment Year2025

About this property

Tucked away on 1.1 acres in the peaceful, gated community of Legends at Rancho Del Lago in Fischer, this beautifully built, custom single-story home offers the perfect mix of refined finishes and Texas charm. At 2,431 square feet, with four bedrooms and two and a half bathrooms, this home was designed to feel open, bright, and functional from the moment you walk in. The first thing you’ll notice? The custom glass double front doors—nothing short of impressive—setting the tone for the thoughtful details you’ll find throughout. Inside, the heart of the home is the kitchen, and it doesn’t disappoint. A massive quartz island anchors the space, surrounded by custom cabinetry, soft-close drawers, a farmhouse sink, a five-burner gas cooktop with pot filler, and custom fixtures. Whether you're hosting a dinner party or just making a weeknight meal, this kitchen was built to handle it all—and look good doing it. The open-concept living space is grounded by custom stonework and bathed in natural light from oversized Pella windows and a stunning Pella sliding door that leads to the backyard. One standout feature is the laundry room—it’s oversized, with a deep sink, space for an extra fridge, and a walk-in pantry big enough for all your Costco runs. The home features tile flooring throughout (no carpet here), spray foam insulation, LED recessed lighting, and those little touches that elevate the space, like high-end fixtures and layout choices that just make sense. Out back, you’ve got a true Texas-sized covered patio with a full outdoor kitchen—perfect for slow evenings under the stars or weekend get-togethers with friends and family. The exterior blends stone, stucco, and Hardi-plank siding for a clean, timeless look that’s both durable and stylish. Best of all, this home is only a few months old—so you get all the perks of new construction without the wait. With its prime location in one of Fischer’s most desirable gated neighborhoods, this home truly checks all the boxes.

Investor Tools

Property Icon
$620,000
Estimated Property Value
$312,500Estimated Mortgage Balance
$284,860Estimated Equity
50% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,840 /month
Positive
Cash Flow Estimate:
$1,280 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$362/month
$250/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,243
$99,090
2025
$99,090
N/A
$99,090
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,243
$99,090

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Rocket Mortgage Llc
Va
$312,500
Yes
First
Sep 17, 2025
Oct 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$309,776
$310,224
50%
50%
$1,874/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: Fischer

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1129 Madrone Rd | Property Details | No Agent List