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$489,440

1204 Madison Terrace, Glenn Heights, TX, 75154

Off MarketInfo
Beds5 Beds
Baths5 Bath
Baths4,030 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$111.66 / sqft
Year BuiltBuilt in 2005

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 5Bedrooms 5
Bathrooms Full 3Bathrooms Full 3
Bathrooms Half 1Bathrooms Half 1
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Gas Cooktop, Gas Oven

Exterior

Lot Size8,950 sqft

Building Information

Year Built2005
Stories2
Roof Type105
Garage Spaces2

Land Information

APN270002600P0030000
Lot Number3
SubdivisionGateway
Land UseResidential
Legal DescriptionGATEWAY ESTATES PH 2 BLK P LT 3 INT200600025097 DD01112006 CO-DC 0002600P00300 4CE0002600P
Census Tract016622
Assessed Land Value$66,000
Assessed Improvement Value$423,440
Assessment Year2025

About this property

Beautiful and Elegant. This home has it all. Two primary bedrooms with a fireplace in one of them. Great for a multigenerational family. For a family needing 2 bedrooms downstairs, the office could become a 6th bedroom. If you love entertaining, this is the home for you with great flow, vaulted ceilings and a spiral staircase. The four living areas include a formal living area, a family room, game room and medial room. A MUST SEE. Pictures to come.

Investor Tools

Property Icon
$489,440
Estimated Property Value
$0Estimated Mortgage Balance
$395,890Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,937 /month
Positive
Cash Flow Estimate:
$979 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$705/month
$200/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,018
$489,440
2025
$66,000
$423,440
$489,440
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,018
$489,440

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Wmc Mortgage Corp
Fannie Mae/Freddie Mac (Phased Out Keying In 2008 Because Fannie Mae Does Not Originate Loans Directly To Borrowers Or Investors. Most "New Conventional" Loans Meet Their General Underwriting Guidelines.)
$203,958
No
First
Jan 11, 2006
Feb 2036

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$93,550
$395,890
80%
19%
$1,223/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.

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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: Glenn Heights

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1204 Madison Terrace | Property Details | No Agent List