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$436,305

NAL Estimated Property Value

1151 Parkway Ln, Pilot Point, TX, 76258

$567,197 ARVInfo
Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths2,350 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$319.11 / sqft
Year BuiltBuilt in 2000

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2.5Bathrooms Full 2.5
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesRefrigerator, Built-In Refrigerator, Dishwasher, Disposal, Electric Oven, Gas Cooktop, Indoor Grill, Convection Oven, Double Oven, Tankless Water Heater, Vented Exhaust Fan
FlooringCarpet, Ceramic Tile

Exterior

Exterior FeaturesPrivate Yard, Storage
Lot Size1 acre

Building Information

Year Built2000
Stories1
Roof Type105
Garage Spaces2

Land Information

APNR116907
SubdivisionParkway Addn
Land UseResidential
Legal DescriptionPARKWAY ADDN LOT 13 ACRES 1.000
Census Tract020118
Assessed Land Value$91,060
Assessed Improvement Value$408,743
Assessment Year2025

About this property

Designer-owned showplace on a leafy one-acre lot near Lake Ray Roberts marries magazine style with everyday livability. Newly painted brick, a three-day-old roof, and wide porch introduce an enlarged nearly-2,400 square feet layout anchored by a chef’s kitchen: custom inset cabinetry, a 10+ foot island, and a six-burner gas range with a reversible griddle facing the stone-fireplace living room. The split primary suite features a barn-door entrance to a boutique closet, while its luxe bath enjoys a separate entry. Two secondary bedrooms share a sleek hall bath, and a private “cloffice” hides work in plain sight. Built-in laundry cabinets keep chores tidy. Indoor life flows to a 750 square-foot cedar-beamed patio, perfect for alfresco dining. Separate fenced zones corral pets, play, and projects, and a 1,500 square-foot insulated shop with power and roll-up doors swallows RVs, boats, or business gear. Park 15+ vehicles on the sprawling drive, skip the HOA, and reach charming downtown Pilot Point in minutes—country calm with polished, move-in perfection.

Investor Tools

Property Icon
$436,305
Estimated Property Value
$370,072Estimated Mortgage Balance
$66,233Estimated Equity
15% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
$567,197
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,499 /month
Positive
Cash Flow Estimate:
$1,500 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$691/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,105
$436,305
2025
$91,060
$408,743
$499,803
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,105
$436,305

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Churchill Mortgage Corp
Conventional
$375,000
No
First
Aug 28, 2025
Sep 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$370,072
$66,233
15%
85%
$2,249/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,972/mo
$2,249/mo
$-277/mo
5.4%

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: Pilot Point

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1151 Parkway Ln | Property Details | No Agent List