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$474,900

117 Lariat Trl, Ovilla, TX, 75154

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths2,346 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$202.43 / sqft
Year BuiltBuilt in 1983

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Cooktop, Electric Range, Electric Water Heater, Double Oven
FlooringLinoleum

Exterior

Private PoolPrivate Pool
Exterior FeaturesPrivate Yard, Storage
Lot Size1.99 acres

Building Information

Year Built1983
Stories1
Roof Type105
Garage Spaces2

Land Information

APN62.9226.901.017.00.111
SubdivisionWestmoreland Rd Ests #1 Rev
Land UseResidential
Legal Description17A A WESTMORELAND RD ESTS #1 REV1.99 ACRES
Census Tract060216
Assessed Land Value$170,000
Assessed Improvement Value$283,642
Assessment Year2025

About this property

Beautiful landscaping combined with mature trees, an expansive front yard, tall dark shutters & elevated dormers combine for AMAZING curb appeal on this extremely well-maintained home! You will see pride of ownership from the moment you arrive. To the right note the parking for numerous guests on the long, double-wide driveway. Inside you'll find a large living room with plantation shutters, WBFP & built-in shelving. Open concept between dining room & kitchen with lovely wood-beam accents perfect for hosting get-togethers. Bar seating, kitchen island, dbl oven, countertop stove, massive amounts of cabinet & counter space. Crown molding throughout. Spacious bedrooms & a 2nd liv room which would make for a very nice office! Out back you will find a 200sf covered patio overlooking the remaining acreage which includes an inground sports pool & covered barn for your horse. Lots of room out back for entertaining or family fun. Close to shopping, highways, hospitals, entertainment & schools.

Investor Tools

Property Icon
$491,000
Estimated Property Value
$456,577Estimated Mortgage Balance
$59,540Estimated Equity
7% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,946 /month
Positive
Cash Flow Estimate:
$982 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$917/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$8,543
$453,642
2025
$170,000
$283,642
$453,642
No

Tax History

Year
Tax Paid
Assessed Value
2024
$8,543
$453,642

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Rocket Mortgage Llc
Fha
$456,577
Yes
First
May 12, 2023
Jun 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$431,460
$59,540
12%
88%
$2,738/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,080/mo
$2,738/mo
$-658/mo
5.1%

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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117 Lariat Trl | Property Details | No Agent List