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$262,038

NAL Estimated Property Value

124 Jefferson Dr, Venus, TX, 76084

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,532 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$166.45 / sqft
Year BuiltBuilt in 2005

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
AppliancesDishwasher, Disposal, Electric Range, Refrigerator
FlooringVinyl

Exterior

Exterior FeaturesRain Gutters, Misting System

Building Information

Year Built2005
Garage Spaces2

Land Information

APN126.4415.01520
Lot Number13
Land UseResidential
Legal DescriptionLOT 13 BLK 5 PATRIOT ESTATES PH 1
Census Tract130412
Assessed Land Value$63,000
Assessed Improvement Value$199,038
Assessment Year2025

About this property

124 Jefferson Drive is a move-in-ready 3-bedroom, 2-bath home in Patriot Estates, Venus, Texas. Built in 2005, the home offers 1,532 square feet of living space on a corner lot and features luxury vinyl plank flooring throughout, an open-concept floor plan, a spacious primary suite with walk-in closet, and a covered backyard patio with ceiling fan misters. Located in Venus ISD and priced at $255,000, the property is ideal for first-time homebuyers, downsizers, and buyers seeking affordable homes near the Dallas-Fort Worth Metroplex. The fenced backyard, modern flooring, and single-story layout make this one of the best values among homes for sale in Venus, Texas. The refrigerator, washer and dryer convey with an accepted offer.

Investor Tools

Property Icon
$262,038
Estimated Property Value
$36,781Estimated Mortgage Balance
$225,520Estimated Equity
85% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,572 /month
Positive
Cash Flow Estimate:
$524 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$262/month
$221/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,840
$262,038
2025
$63,000
$199,038
$262,038
No

Tax History

Year
Tax Paid
Assessed Value
2025
$1,840
$262,038

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Irwin Mortgage Corp
Conventional
$80,760
No
First
Feb 7, 2006
Mar 2021

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$36,781
$225,257
85%
14%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,972/mo
$221/mo
+$1,751/mo
9.0%

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: Venus

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124 Jefferson Dr | Property Details | No Agent List