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$460,000

116 Meadow Glen Ln, Ovilla, TX, 75154

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,603 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$176.72 / sqft
Year BuiltBuilt in 1998

Property Lead Type:

Off-Market ListAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesElectric Cooktop

Exterior

Private PoolPrivate Pool
Lot Size20,299 sqft

Building Information

Year Built1998
Stories1
Roof Type105
Garage Spaces2

Land Information

APN62.6312.902.008.00.111
Lot Number8
SubdivisionMeadow Glen Ests
Land UseResidential
Legal DescriptionLOT 8 BLK B MEADOW GLEN ESTS .466 AC
Census Tract060216
Assessed Land Value$95,000
Assessed Improvement Value$389,432
Assessment Year2025

About this property

Discover the perfect blend of country charm and city convenience in this stunning one-story home, located in the highly sought-after Meadow Glen subdivision. Situated on a 0.4660-acre lot, this property offers a spacious and inviting layout, ideal for both entertaining and everyday living. A standout feature of this home is the fully equipped mother-in-law suite, complete with its own kitchen and bathroom, providing a self-sufficient living space. The backyard is your personal oasis, perfect for relaxing evenings, with a sparkling pool and a covered deck creating the ideal setting for outdoor enjoyment. With four spacious bedrooms, three full bathrooms, and an office, this home is move-in ready. Don't miss the opportunity to make this peaceful retreat your own, just minutes away from shopping and entertainment.

Investor Tools

Property Icon
$484,432
Estimated Property Value
$475,530Estimated Mortgage Balance
$12,350Estimated Equity
2% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,907 /month
Positive
Cash Flow Estimate:
$969 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$800/month
$96/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,181
$484,432
2025
$95,000
$389,432
$484,432
No

Tax History

Year
Tax Paid
Assessed Value
2024
$7,181
$484,432

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Freedom Mortgage Corp
Va
$475,530
Yes
First
Dec 26, 2025
Jan 2056

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$472,082
$12,350
2%
97%
$2,852/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,710/mo
$2,948/mo
$-238/mo
6.7%

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: Ovilla

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116 Meadow Glen Ln | Property Details | No Agent List