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$635,000

116 Wet Rock Rd W, Boyd, TX, 76023

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,764 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$229.74 / sqft
Year BuiltBuilt in 2022

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Oven, Gas Cooktop, Microwave, Tankless Water Heater
FlooringTile

Exterior

Exterior FeaturesOutdoor Kitchen
Lot Size1 acre

Building Information

Year Built2021
Roof Type158
Garage Spaces2

Land Information

APNR1735.0B30.00
Lot Number30R
SubdivisionLola Creek Ranch Ph1
Land UseResidential
Legal DescriptionLOT 30R BLK B LOLA CREEK RANCH PH1
Census Tract150605
Assessed Land Value$79,985
Assessed Improvement Value$520,083
Assessment Year2025

About this property

This stunning single-story home sits on a spacious 1-acre lot, offering the perfect blend of comfort, privacy, and natural beauty. Inside, the open floor plan features soaring cathedral ceilings with exposed beams, large tile flooring, and expansive windows that fill the space with natural light while providing scenic views of the backyard and tranquil pond. The kitchen is both functional and inviting, with plenty of counter space, including a beautiful Leatherwood island counter that’s ideal for cooking, entertaining, or spending time with family. The primary suite is a true retreat, featuring a spectacular bathroom with a large soaking tub, separate walk-in shower, and an impressively spacious closet that adds to the luxurious feel. A unique touch to the home is the SpeakEasy-Office-Den space, which includes a striking brick accent wall that adds warmth and character—perfect for working, reading, or relaxing. The outdoor space is designed for both entertaining and quiet enjoyment, with a covered patio, cozy fireplace, and a built-in outdoor kitchen. The expansive yard is perfect for gatherings or peaceful evenings surrounded by nature. The serene setting often attracts deer and rabbits, adding to the home’s calming environment. Additional features include fully encapsulated blown-in insulation for enhanced energy efficiency and a buried 250-gallon propane tank. With beautiful finishes, thoughtful design, and a peaceful setting, this home offers a private and comfortable lifestyle surrounded by nature. Backed by a recent appraisal, the list price accurately reflects both current market conditions and the home’s quality.

Investor Tools

Property Icon
$654,000
Estimated Property Value
$603,250Estimated Mortgage Balance
$58,677Estimated Equity
8% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,924 /month
Positive
Cash Flow Estimate:
$1,308 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$795/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,267
$600,068
2025
$79,985
$520,083
$600,068
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,267
$600,068

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Fairway Independent Mortgage Corp
Conventional
$603,250
No
First
Aug 1, 2025
Sep 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$595,323
$58,677
8%
91%
$3,617/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: Boyd

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116 Wet Rock Rd W | Property Details | No Agent List