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$391,408

NAL Estimated Property Value

116 Colonial Drive, Joshua, TX, 76058

$424,782 ARVInfo
Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths2,214 Sq Ft
price_per_sqft$171.64 / sqft
Year BuiltBuilt in 2021

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
AppliancesElectric Cooktop, Electric Oven, Microwave, Plumbed For Ice Maker
FlooringCarpet, Ceramic Tile, Vinyl

Exterior

Lot Size7,797 sqft

Building Information

Year Built2021
Garage Spaces3

Land Information

APN126.2246.03070
Lot Number7
SubdivisionHeritage Ii
Land UseResidential
Legal DescriptionLOT 7 BLK 3 HERITAGE II
Census Tract130214
Assessed Land Value$71,000
Assessed Improvement Value$320,408
Assessment Year2025

About this property

This amazing new build has everything you need to make this a forever home! The three car garage will store all of your toys and cars! The open concept is ideal for entertaining and will create lasting memories! The master bathroom has everything to make the owner feel pampered! The oversized walk in closet and shower are a dream! The split bedroom design gives everyone their privacy while the nice touches of this home make you feel spoiled!

Investor Tools

Property Icon
$391,408
Estimated Property Value
$280,212Estimated Mortgage Balance
$111,196Estimated Equity
28% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$424,781
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,348 /month
Positive
Cash Flow Estimate:
$783 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$636/month
$240/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,672
$391,408
2025
$71,000
$320,408
$391,408
No

Tax History

Year
Tax Paid
Assessed Value
2025
$5,672
$391,408

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Swbc Mortgage Corp
Conventional
$304,000
No
First
Mar 15, 2022
Apr 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$280,212
$111,196
28%
72%
$1,823/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,385/mo
$2,063/mo
+$322/mo
7.3%

City: Joshua

116 Colonial Drive | Property Details | No Agent List