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$495,000

NAL Estimated Property Value

116 Spanish Moss Trail, Rhome, TX, 76078

$533,883 ARVInfo
Off MarketInfo
Beds4 Beds
Baths4 Bath
Baths2,636 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$196.89 / sqft
Year BuiltBuilt in 2022

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms 4Bathrooms 4
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Cooktop, Electric Oven, Electric Water Heater, Microwave
FlooringCeramic Tile, Hardwood, Wood, Vinyl

Exterior

Private PoolPrivate Pool
Exterior FeaturesFire Pit, Other
Lot Size31,494 sqft

Building Information

Year Built2022
Roof Type158
Garage Spaces2

Land Information

APNR0741.0P08.00
Lot Number8
SubdivisionFairview Meadows Ph3
Land UseResidential
Legal DescriptionLOT 8 BLK P FAIRVIEW MEADOWS PH3
Census Tract150606
Assessed Land Value$51,020
Assessed Improvement Value$398,660
Assessment Year2025

About this property

WELCOME HOME to this exceptional better-than-new home in Fairview Meadows, where modern comfort meets peaceful country living on a beautifully landscaped 0.72-acre homesite in highly acclaimed Northwest ISD. This Energy Star Certified home offers 4 bedrooms, 3.5 bathrooms, a dedicated office that can serve as a 5th bedroom, and an open-concept layout designed for everyday living and entertaining. The spacious island kitchen features quartz countertops, stainless steel appliances, abundant cabinetry, and a walk-in pantry, while the inviting living room is filled with natural light and centered around a stunning brick and stone wood-burning fireplace. The private first-floor primary suite offers a relaxing retreat with a spa-inspired bath and oversized walk-in closet. What truly sets this home apart is the incredible outdoor and hobby space. Enjoy covered front and back patios, a fully fenced backyard, fire pit, dog run, additional rear parking, a 25' x 35' workshop with electricity, a climate-controlled She Shed, and an attached climate-controlled workroom off the oversized tandem 3-car garage, which is also pre-wired for an EV charger. Residents enjoy access to a community pool, pickleball courts, playground, walking trails, soccer fields, and dog park—all with convenient access to Hwy 287, I-35W, shopping, dining, and Fort Worth.

Investor Tools

Property Icon
$495,000
Estimated Property Value
$880,108Estimated Mortgage Balance
$0Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$533,883
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,114 /month
Positive
Cash Flow Estimate:
$1,038 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$707/month
$500/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,010
$449,680
2025
$51,020
$398,660
$449,680
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,010
$449,680

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
American National Bank & Trust
Unknown
$450,708
No
First
Feb 27, 2025
Mar 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$880,108
N/A
0%
178%
$5,406/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: Rhome

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116 Spanish Moss Trail | Property Details | No Agent List