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$417,000

NAL Estimated Property Value

1204 Colby Court, Irving, TX, 75060

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,367 Sq Ft
price_per_sqft$122.48 / sqft
Year BuiltBuilt in 1999

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Bathrooms Half 1Bathrooms Half 1
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Oven, Gas Cooktop, Microwave, Double Oven, Plumbed For Ice Maker
FlooringCarpet, Ceramic Tile, Wood, Other

Exterior

Lot Size5,386 sqft

Building Information

Year Built1999
Stories1
Roof Type105
Garage Spaces2

Land Information

APN320730000A0080000
Lot Number8
SubdivisionColby Place
Land UseResidential
Legal DescriptionCOLBY PLACE BLK A LT 8 ACS 0.1263 INT201900233958 DD08302019 CO-DC 0730000A00800 2CI0730000A
Census Tract015306
Assessed Land Value$70,000
Assessed Improvement Value$332,040
Assessment Year2025

About this property

Stunning 3 bedroom, 2.5 bath home with study. Featuring beautiful updates in the past year including granite counters, tile backsplash, tile floor and sink in kitchen, bamboo flooring, fresh paint, & granite in upstairs bath. Impressive layout includes front formal dining room with study right across the entry. Kitchen & breakfast area are open to the main living space for a wonderfully open floorplan. Master suite is light & bright with large bath & jetted tub. Upstairs two bedrooms share a full bath and the second-floor living area adds open space with a wonderful alcove featuring a cozy window seat for play or ready nook. A portion of the upstairs living space with closet could be enclosed for 4th bedroom.

Investor Tools

Property Icon
$417,000
Estimated Property Value
$271,597Estimated Mortgage Balance
$145,403Estimated Equity
34% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,502 /month
Positive
Cash Flow Estimate:
$834 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$609/month
$375/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,228
$402,040
2025
$70,000
$332,040
$402,040
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,228
$402,040

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Gateway First Bank
Fha
$297,982
Yes
First
Sep 15, 2021
Oct 2046

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$271,597
$145,403
34%
65%
$1,787/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,572/mo
$2,162/mo
+$410/mo
7.4%

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.

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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: Irving

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1204 Colby Court | Property Details | No Agent List