Real opportunities. Driven by live market signals.
Updated every minute.

Browse Homes — Buy Direct, Deal on Your Terms

Updated Properties Icon
Updated Properties
Last 24 HoursLast 24 Hours
Street View of property
Street View
Views1view

$249,000

117 University Ave, Troy, TX, 76579

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

Property Lead Type:

Off-Market ListAbsentee 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
$240,463Estimated Mortgage Balance
$16,432Estimated Equity
3% 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

Interested in this property?

Run an Owner Lookup!

Unlock Owner Contacts

Want alerts when something changes with this property?

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

Learn About the Market: Opportunity in Texas

Local Market Pages
Local Market Pages 2Local Market Pages 3Local Market Pages 4

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.

Explore Texas Explore This Area
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: Troy

No Agent List Top Properties.

These are Deal List properties graded A+, A.

Loading properties...

Sold Properties

Loading properties...