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$498,724

NAL Estimated Property Value

118 Preston Trl, Meadowlakes, TX, 78654

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths2,068 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$275.58 / sqft
Year BuiltBuilt in 2021

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 2Bathrooms 2
Garage AvailableGarage Available

Exterior

Lot Size7,501 sqft

Building Information

Year Built2021
Garage Spaces2

Land Information

APN30807
Lot Number984C
SubdivisionMeadowlakes
Land UseResidential
Legal DescriptionS6160 MEADOWLAKES LOT 984C, SEC 3
Census Tract960600
Assessed Land Value$54,750
Assessed Improvement Value$443,974
Assessment Year2025

About this property

New builder spec home located in the Gated Meadowlakes Subdivision. Very open split bedroom floor plan. Spacious living room, dining room, kitchen, and breakfast area. Kitchen offers granite counter tops, custom cabinetry, and stainless-steel appliances. Large master bedroom and bathroom with a huge walk-in closet. Home has a rear entry garage that is positioned at the end of a quiet cul-de-sac.Front elevation has a circular driveway. The City of Meadowlakes offer the 18-hole Hidden Falls Golf Course, Clubhouse, and Restuarant plus numerous other amenities.

Investor Tools

Property Icon
$498,724
Estimated Property Value
$0Estimated Mortgage Balance
$498,724Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,419 /month
Positive
Cash Flow Estimate:
$1,140 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$874/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,989
$498,724
2025
$54,750
$443,974
$498,724
No

Tax History

Year
Tax Paid
Assessed Value
2024
$7,989
$498,724

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$498,724
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,088/mo
N/A
+$2,088/mo
5.0%

City: Meadowlakes

118 Preston Trl | Property Details | No Agent List