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$232,000

NAL Estimated Property Value

124 Tonkawa Canyon Drive, La Marque, TX, 77568

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,359 Sq Ft
price_per_sqft$172.92 / sqft
Year BuiltBuilt in 2008

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Double Oven, Microwave, Dishwasher

Exterior

Lot Size6,251 sqft

Building Information

Year Built2008
Stories1
Roof Type105
Garage Spaces2

Land Information

APN5563-0007-0009-000
Lot Number9
SubdivisionPainted Meadows Sec 2 (2008) Abst 161
Land UseResidential
Legal DescriptionPAINTED MEADOWS SEC 2 (2008) ABST 161, BLOCK 7, LOT 9, ACRES 0.143
Census Tract723300
Assessed Land Value$24,500
Assessed Improvement Value$176,140
Assessment Year2025

About this property

Welcome to 124 Tonkawa Canyon Drive! This lovely 3 bedroom 2 bathroom home is nestled on a cul-de-sac lot in Painted Meadows! Features include spacious living room with gas fireplace. Kitchen with stainless appliances, and ample cabinet and counter space. Large primary bedroom with plenty of space for king sized furniture. Primary bath boasts double sinks, large garden tub, stand alone shower and walk in closet! Nice sized secondary bedrooms as well. Come out today and see this GREAT home today!

Investor Tools

Property Icon
$232,000
Estimated Property Value
$223,617Estimated Mortgage Balance
$8,383Estimated Equity
3% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,410 /month
Positive
Cash Flow Estimate:
$470 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$263/month
$300/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,999
$200,640
2025
$24,500
$176,140
$200,640
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,999
$200,640

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Cardinal Financial Company Lp
Fha
$230,743
Yes
First
Sep 26, 2022
Oct 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$223,617
$8,383
3%
96%
$1,440/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: La Marque

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