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$490,000

120 Peace Pl, Aledo, TX, 76008

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,942 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$166.55 / sqft
Year BuiltBuilt in 2018

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Garage AvailableGarage Available
AppliancesDishwasher, Disposal, Electric Range, Gas Cooktop, Gas Water Heater, Microwave, Plumbed For Ice Maker
FlooringCarpet, Ceramic Tile, Wood

Exterior

Exterior FeaturesRain Gutters
Lot Size6,011 sqft

Building Information

Year Built2018
Stories2
Garage Spaces2

Land Information

APN15282-053-047-00
Lot Number47
SubdivisionMorningstar
Land UseResidential
Legal DescriptionACRES: 0.138 LOT: 47 BLK: 53 SUBD: MORNINGSTAR
Census Tract140713
Assessed Land Value$90,000
Assessed Improvement Value$412,413
Assessment Year2025

About this property

This FANTASTIC FAMILY HOME is gorgeous and move-in ready!! When you drive up to the beautifully landscaped yard and enter this spacious home, you will want to begin making memories right away! With 2 bedrooms down and 2 up, a game room and an office (which could be conveniently converted if a 5th bedroom is needed), you can easily make this the home of your dreams for you and your loved ones. Nice big kitchen and breakfast room overlooking the back yard where the perimeter is on a creek ensuring all the privacy you want. There is a coffee bar in the eat in kitchen. The primary ensuite boasts a large bedroom, huge bathroom with separate shower and tub, double sinks, and over-sized walk-in closet. Secondary bedrooms are split and also include ample closets. And the amenities of the community of Morningstar are unmatched - resort like pools, parks, walking and jogging paths, catch and release ponds and events scheduled year round. Morningstar offers a LIFESTYLE!

Investor Tools

Property Icon
$502,413
Estimated Property Value
$246,000Estimated Mortgage Balance
$274,415Estimated Equity
51% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,014 /month
Positive
Cash Flow Estimate:
$1,005 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$821/month
$235/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
N/A
$502,413
2025
$90,000
$412,413
$502,413
No

Tax History

Year
Tax Paid
Assessed Value
2025
N/A
$502,413

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Gold Star Mortgage Financial Group Corp
Conventional
$246,000
No
First
Jun 30, 2022
Jul 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$227,998
$274,415
54%
45%
$1,475/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: Aledo

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120 Peace Pl | Property Details | No Agent List