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$415,000

1240 Morning Ridge Trail, Aubrey, TX, 76227

Off MarketInfo
Beds4 Beds
Baths4 Bath
Baths2,647 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$156.78 / sqft
Year BuiltBuilt in 2021

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Bathrooms Half 1Bathrooms Half 1
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Gas Range, Gas Water Heater, Microwave, Vented Exhaust Fan
FlooringCarpet, Ceramic Tile

Exterior

Lot Size6,055 sqft

Building Information

Year Built2021
Stories2
Roof Type105
Garage Spaces2

Land Information

APNR958487
Lot Number42
SubdivisionArrow Brooke Phase 4b
Land UseResidential
Legal DescriptionARROW BROOKE PHASE 4B BLK Y LOT 42
Census Tract020124
Assessed Land Value$96,877
Assessed Improvement Value$380,779
Assessment Year2025

About this property

Welcome to your dream home backing to a lush green space—enjoy the beauty and privacy of mature trees right in your backyard! Located in a vibrant 410-acre master-planned community just north of US-380, this home is within walking distance to the community’s resort-style pool and amenity center, complete with clubhouse and on-site lifestyle director. You’ll love the miles of hike-and-bike trails, 13.5-acre park, sports fields, playgrounds, and scenic ponds—everything designed to support an active, connected lifestyle. Perfectly positioned near major employment hubs in Frisco, Plano, and the Tech Corridor, with quick access to DNT, 121, I-35E, and US-75 for an easy commute. Inside, the home features a contemporary design with abundant natural light, granite countertops, and a gas range in the spacious kitchen. The open-concept layout connects the kitchen, dining, and living areas—ideal for entertaining—with a covered patio extending the space outdoors. Downstairs also includes a dedicated office and a serene primary suite that offers a true retreat. Upstairs, a generous game room and well-sized secondary bedrooms provide comfort and flexibility. This home blends modern style, everyday convenience, and access to top-tier community amenities. Don’t miss your chance to live where nature, comfort, and community come together!

Investor Tools

Property Icon
$477,656
Estimated Property Value
$0Estimated Mortgage Balance
$171,115Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,866 /month
Positive
Cash Flow Estimate:
$955 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,069/month
$225/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$10,437
$477,656
2025
$96,877
$380,779
$477,656
No

Tax History

Year
Tax Paid
Assessed Value
2024
$10,437
$477,656

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Guaranteed Rate Inc
Conventional
$328,962
No
First
Sep 2, 2022
Oct 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$306,541
$171,115
35%
64%
$1,973/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,680/mo
$2,198/mo
+$1,482/mo
9.2%

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: Aubrey

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1240 Morning Ridge Trail | Property Details | No Agent List