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$478,968

NAL Estimated Property Value

1290 Prairie Point Drive, Rhome, TX, 76078

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,310 Sq Ft
price_per_sqft$181.77 / sqft
Year BuiltBuilt in 2002

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2.5Bathrooms Full 2.5
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Range, Microwave, Plumbed For Ice Maker, Electric Water Heater, Water Heater
FlooringCeramic Tile, Wood

Exterior

Private PoolPrivate Pool
Exterior FeaturesRain Gutters
Lot Size40,249 sqft

Building Information

Year Built2002
Stories1
Roof Type158
Garage Spaces2

Land Information

APNS0755.0101.00
Lot Number1
SubdivisionEllis Homestead Ph1
Land UseResidential
Legal DescriptionLOT 1 BLK 1 ELLIS HOMESTEAD PH1
Census Tract150603
Assessed Land Value$100,623
Assessed Improvement Value$378,345
Assessment Year2025

About this property

Stunning home sits perfectly on just under 1 acre lot! Handscraped hardwood floors through home except in wet areas where there is ceramic tile. Rare find-4 bed & office with rustic barn doors. Large living room with wood burning fireplace overlooks stunning back yard. In-ground gunite pool, water features & tons of decking surrounding pool. Beautiful gazebo with sitting area. Large master bedroom suite features dual sinks, separate garden tub & shower, & large walk-in his & hers closets. Bedrooms generous in size. Home features cul-de-sac lot, side entry garage with workbench, crown moulding, & tall ceilings. AC condenser about 1 yr old. New garage door & opener

Investor Tools

Property Icon
$478,968
Estimated Property Value
$359,833Estimated Mortgage Balance
$119,135Estimated Equity
24% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,874 /month
Positive
Cash Flow Estimate:
$958 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$573/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,478
$478,968
2025
$100,623
$378,345
$478,968
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,478
$478,968

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Primary Residential Mortgage Inc
Conventional
$402,573
No
First
Nov 25, 2020
Dec 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$359,833
$119,135
24%
75%
$2,414/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: Rhome

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1290 Prairie Point Drive | Property Details | No Agent List