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$491,000

NAL Estimated Property Value

114 Crosswind Trl, Ovalo, TX, 79541

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,227 Sq Ft
price_per_sqft$202.02 / sqft
Year BuiltBuilt in 2020

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Cooktop, Electric Oven, Electric Water Heater, Microwave, Vented Exhaust Fan
FlooringCarpet, Ceramic Tile

Exterior

Lot Size1 acre

Building Information

Year Built2020
Stories1
Roof Type105
Garage Spaces2

Land Information

APNR9875009200
Lot Number3
SubdivisionWindmill Crossing Sec 3
Land UseResidential
Legal DescriptionWINDMILL CROSSING SEC 3, BLOCK C, LOT 3, ACRES 1.0
Census Tract013501
Assessed Land Value$40,000
Assessed Improvement Value$405,994
Assessment Year2025

About this property

Discover this elegant very spacious home nestled within the sought-after Jim Ned School District, outside city limits with boundless West Texas views. This property offers a perfect blend of modern style and rustic charm. The heart of the home features an open floor plan, seamlessly connecting two inviting living rooms ideal for relaxing or entertaining. Curl up to the stone fireplace on those cold days in main living room or set up game room in second living room. Love to entertain? You will love the open and large kitchen with tall ceilings. If you want a primary bedroom retreat, its locate on its own side of the house, with spacious ensuite bathroom and walk in closet. The additional bedrooms are generously sized, catering to various lifestyle needs. There are 3 full baths, ensuring comfort and convenience. Two of the guest bedrooms share a jack and jill bathroom. Tall windows let in lots of natural light throughout. Situated on a flat 1-acre fenced lot, the property offers ample outdoor space for recreation or landscaping needs such as a pool and shop. This home's blend of functionality and aesthetics creates a modern farmhouse feel, sure to captivate.

Investor Tools

Property Icon
$491,000
Estimated Property Value
$465,006Estimated Mortgage Balance
$25,994Estimated Equity
5% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,946 /month
Positive
Cash Flow Estimate:
$982 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$525/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,844
$445,994
2025
$40,000
$405,994
$445,994
Yes (2024)

Tax History

Year
Tax Paid
Assessed Value
2025
$3,844
$445,994

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Guild Mortgage Co
Va
$468,402
Yes
First
Dec 17, 2025
Jan 2056

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$465,006
$25,994
5%
95%
$2,809/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,649/mo
$2,809/mo
$-1,160/mo
4.0%

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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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: Ovalo

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114 Crosswind Trl | Property Details | No Agent List