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$423,861

NAL Estimated Property Value

1305 Collett Sublett Rd, Kennedale, TX, 76060

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,832 Sq Ft
price_per_sqft$210.15 / sqft
Year BuiltBuilt in 2021

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
AppliancesDishwasher, Disposal, Electric Oven, Gas Cooktop, Microwave
FlooringCarpet, Ceramic Tile

Exterior

Lot Size6,098 sqft

Building Information

Year Built2021
Garage Spaces2

Land Information

APN24612-E-11
Lot Number11
Land UseResidential
Legal DescriptionMAGNOLIA HILLS BLOCK E LOT 11
Census Tract111411
Assessed Land Value$75,000
Assessed Improvement Value$348,861
Assessment Year2025

About this property

Come make this barely used home your next home! Built in 2021, this home is just the right size and offers a wonderful floorplan with split bedrooms, huge well appointed kitchen that flows into the living area, making entertaining and family time a delight. The breakfast eating area can accommodate a large gathering, but seating is also available at the expansive kitchen island. Plenty of counterspace gives room to show off your culinary skills, and you'll love the huge pantry for additional storage space. Windows all along the back of the house let in lots of natural light. The primary suite is privately located at the back of the house, and the ensuite bath features a garden tub, separate shower and oversized walk in closet. Up front there are 2 additional bedrooms. The backyard space is large enough for pets and play, but small enough that you won't be spending too much time doing lawncare. This home has solar panels which are fully owned, and the seller's highest electric bill since their installation was $20. Imagine the savings on utilitiy expenses!!! Magnolia Hills is situated close enough to all the necessary amenities, and to highways if you need to commute, but away from the hustle and bustle. This an opportunity to own nearly new construction for less than $400,000. Come take a look!

Investor Tools

Property Icon
$423,861
Estimated Property Value
$181,743Estimated Mortgage Balance
$242,118Estimated Equity
57% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,543 /month
Positive
Cash Flow Estimate:
$848 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$718/month
$675/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,500
$423,861
2025
$75,000
$348,861
$423,861
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,500
$423,861

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Success Mortgage Partners Inc
Conventional
$185,000
No
First
May 16, 2025
Jun 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$181,743
$242,118
57%
43%
$1,110/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: Kennedale

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1305 Collett Sublett Rd | Property Details | No Agent List