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$249,000

NAL Estimated Property Value

117 University Ave, Troy, TX, 76579

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,362 Sq Ft
price_per_sqft$194.57 / sqft
Year BuiltBuilt in 2024

Property Lead Type:

Absentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
CoolingCooling
AppliancesDishwasher

Exterior

Lot Size6,752 sqft

Building Information

Year Built2024
Stories1
Roof Type105
Garage Spaces1

Land Information

APN519825
Lot Number3
SubdivisionCollege Park Phase I
Land UseReal-Res/Single Family
Legal DescriptionCOLLEGE PARK PHASE I, BLOCK 002, LOT 0003, ACRES .155
Census Tract020102
Assessed Land Value$32,000
Assessed Improvement Value$202,564
Assessment Year2025

About this property

Built in 2024, this 3-bedroom, 2-bath home at 117 University Avenue in Troy’s Village at Elm Creek is better than new, offering all the convenience of a fresh build with thoughtful upgrades already in place. The open layout begins with a welcoming foyer and flows into a bright kitchen and living space designed for both everyday comfort and entertaining. The kitchen features stainless steel appliances, an upgraded tile backsplash, under-cabinet lighting added by the seller, and ample counter space that connects seamlessly to the dining and living areas. The spacious primary suite includes room for a sitting nook, a dual vanity bathroom with an upgraded walk-in shower, and a massive walk-in closet. Two additional bedrooms and a full bath provide space for family, guests, or a home office. The seller has also added a garage door opener and a pet-friendly doggy door, making this home both functional and family-ready. Throughout the home you’ll find full blinds, with built-in blinds in the back door for convenience. Outside, fresh flower beds highlight the curb appeal, while the front, rear, and side sprinklers keep the yard effortlessly maintained. A security system will also convey with the property, offering peace of mind from day one. Just minutes from I-35, this home places you 15 minutes from Temple, 30 minutes from Belton Lake, and within the highly rated Troy ISD. Offering small-town charm and modern comfort, this property is move-in ready and waiting for its next chapter.

Investor Tools

Property Icon
$249,000
Estimated Property Value
$232,568Estimated Mortgage Balance
$16,432Estimated Equity
6% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,590 /month
Positive
Cash Flow Estimate:
$530 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$141/month
$250/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$442
$234,564
2025
$32,000
$202,564
$234,564
No

Tax History

Year
Tax Paid
Assessed Value
2024
$442
$234,564

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Kangaroo Home Lending Llc
Fha
$240,463
Yes
First
Jul 10, 2024
Aug 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$232,568
$16,432
6%
93%
$1,442/mo

City: Troy

117 University Ave | Property Details | No Agent List