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$115,900

1241 Highland Court, Oak Leaf, TX, 75154

On MarketInfo
Beds3 Beds
Baths3 Bath
Baths3,224 Sq Ft

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling

Exterior

Lot Size300.81 acres

Building Information

Year Built1979
Stories1
Roof Type105
Garage Spaces5

Land Information

APN60.0050.000.002.99.111
SubdivisionE W Banton
Land UseResidential
Legal Description50 EW BANTON;842 JS PATTON;323 JS DAVIS;972 J SMITH;1177 RW WHITE 300.808 ACRES
Census Tract060215
Assessed Land Value$4,136,110
Assessed Improvement Value$287,131
Assessment Year2025

About this property

Lot 107 Bynum Springs Club. 1.19 acres. Welcome to Bynum Springs Club, an extraordinary community where timeless heritage meets modern living. Just 20 miles from Dallas, in gorgeous Oak Leaf, TX, this premier neighborhood offers the finest of both worlds quick access to city conveniences with the peace, beauty & charm of the countryside. Nestled on more than 300 acres of family-owned heritage land, treasured for over 150 years, Bynum Springs Club is opening its gates for a once-in-a-lifetime opportunity to secure private ownership in a truly special setting. With estate-sized lots ranging from 1 to 3 acres & averaging nearly 2 acres, you’ll enjoy the privacy, space, and flexibility to build your dream home or create a relaxing weekend retreat. This is an unparalleled chance to own land close to Dallas at an exceptional value. Life at Bynum Springs Club is designed around comfort, community, and connection. Imagine weekends spent at the resort pool, laughing at the splash pad or evenings gathering with friends at the elegant clubhouse or outdoor party pavilion. Stay active with amenities that include a state-of-the-art fitness center, pickleball and tennis courts, basketball, sand volleyball, mini golf, and miles of trails that wind through towering hardwoods and scenic views. Experience two playgrounds that provide shaded areas for recreation. Come experience Bynum Springs Club.

Investor Tools

$4,028,370Estimated Mortgage Balance
$394,871Estimated Equity
8% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$26,539 /month
Positive
Cash Flow Estimate:
$8,846 /month

Interested in this property?

Jeff Robillard

Newfound Real Estate

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$9,699/month
$1,950/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$94,268
$4,423,241
2025
$4,136,110
$287,131
$4,423,241
No

Tax History

Year
Tax Paid
Assessed Value
2024
$94,268
$4,423,241

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Pinncacle Bank
Commercial
$4,462,500
No
First
Apr 5, 2021
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$4,028,370
$394,871
8%
91%
$26,755/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,080/mo
$28,705/mo
$-26,625/mo
0.6%

City: Oak Leaf

1241 Highland Court | Property Details | No Agent List