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$904,000

NAL Estimated Property Value

1289 Ottinger Road, Keller, TX, 76262

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,231 Sq Ft
price_per_sqft$1,015.43 / sqft
Year BuiltBuilt in 1980

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 2Bathrooms 2
AppliancesElectric Cooktop, Plumbed For Ice Maker
FlooringVinyl

Exterior

Exterior FeaturesStorage
Lot Size32,409 sqft

Building Information

Year Built1980

Land Information

APN21192----A----1--01
Lot Number1
Land UseResidential Single Family
Legal DescriptionINSPIRED RANCH BLOCK A LOT 1 HS
Census Tract113954
Assessed Land Value$314,900
Assessed Improvement Value$1,000
Assessment Year2025

About this property

Rare opportunity to bring your own builder and design your perfect dream home estate or for investors to build multiple homes in sought after Keller. 5.190 acres with gorgeous trees adjacent to 1293 Ottinger Rd. Both properties uniquely share a private entrance. Both properties are now active in the MLS. Enjoy privacy and country living and yet have great conveniences to all that Southlake & Grapevine provide! Great access to 114,DFW Airport,high-end shopping and entertainment, Seller prefers to sell both properties together. Ask your agent for a list of improvements. See it today! SEE DOCUMENT STORAGE for LIABILITY WAIVER TO BE SIGNED PRIOR TO ACCESS TO THE PROPERTY, ADDENDUM FOR RESERVATION OF MINERAL RIGHTS & OFFER INSTRUCTIONS.

Investor Tools

Property Icon
$904,000
Estimated Property Value
$296,502Estimated Mortgage Balance
$607,498Estimated Equity
67% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$7,500 /month
Positive
Cash Flow Estimate:
$2,500 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$782/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,870
$315,900
2025
$314,900
$1,000
$315,900
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,870
$315,900

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
James Heath Malone Etal
Balloon
$300,000
No
First
Sep 24, 2025
Mar 2027

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$296,502
$607,498
67%
33%
$1,799/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: Keller

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1289 Ottinger Road | Property Details | No Agent List