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B+
NoAgentList RatingHow are grades calculated? Info

$498,258

118 Moreland St, Paradise, TX, 76073

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths2,345 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$188.06 / sqft
Year BuiltBuilt in 2023

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Oven, Electric Range, Electric Water Heater, Microwave
FlooringCarpet, Ceramic Tile

Exterior

Exterior FeaturesRain Gutters, Lighting
Lot Size27,878 sqft

Building Information

Year Built2023
Garage Spaces3

Land Information

APNR3394.0A12.00
Lot Number12
SubdivisionWindmill Ridge Estaes Ph 2
Land UseResidential Single Family
Legal DescriptionLOT 12 BLK A WINDMILL RIDGE ESTAES PH 2
Census Tract150403
Assessed Land Value$75,000
Assessed Improvement Value$423,258
Assessment Year2025

About this property

Move-in Ready and back on the market again for financing reasons; Own your own piece of Paradise in a beautiful, quality-built Malibu Homes property in growing Paradise ISD. This 3 bedroom with 10 foot ceilings is nestled in a new neighborhood with at least half acre lots. A clean, crisp white kitchen with Shaker cabinets and a large island overlooks the family room with a focal point fireplace for an open concept, perfect for entertaining. Kitchen also boasts SS appliances and granite countertops. Enjoy your coffee from your covered back patio. Smart thermostat, along with irrigated, sodded and landscaped yard included standard. See MLS docs for Malibu's Windmill Ridge Standard Options and other important docs.***Builder is offering up to $10K towards closing costs with preferred lender.

Investor Tools

Property Icon
$498,258
Estimated Property Value
$0Estimated Mortgage Balance
$498,258Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,990 /month
Positive
Cash Flow Estimate:
$997 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$696/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,865
$498,258
2025
$75,000
$423,258
$498,258
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,865
$498,258

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$498,258
100%
0%
$0/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.

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: Paradise

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118 Moreland St | Property Details | No Agent List