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B+
NoAgentList RatingHow are grades calculated? Info

$367,000

1306 Towne Colony Drive, Irving, TX, 75061

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,816 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$164.65 / sqft
Year BuiltBuilt in 1989

Property Lead Type:

Off-Market ListHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Cooktop, Microwave
FlooringCeramic Tile, Laminate

Exterior

Lot Size5,000 sqft

Building Information

Year Built1989
Stories1
Roof Type105
Garage Spaces2

Land Information

APN32543210020670000
Lot Number67
SubdivisionTowne Lake
Land UseResidential
Legal DescriptionTOWNE LAKE PH 2 BLK 2 LOT 67 INT202100168641 DD06042021 CO-DC 5432100206700 2CI54321002
Census Tract014408
Assessed Land Value$85,000
Assessed Improvement Value$263,670
Assessment Year2025

About this property

Welcome to this adorable home that is move in ready! The spacious living and dining room areas are inviting and excellent for entertaining. The low maintenance yard is a perfect size and offers enough green space for a summer BBQ. Water heater and roof replaced in 2019. You will appreciate all of the updates this home has to offer including no carpet in the home! Located just a short walk to Towne Lake Park with its lake and beautiful walking trails. In close proximity to DFW airport & area highways for commuters! No HOA.

Investor Tools

Property Icon
$367,000
Estimated Property Value
$0Estimated Mortgage Balance
$143,705Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,202 /month
Positive
Cash Flow Estimate:
$734 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$641/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,854
$348,670
2025
$85,000
$263,670
$348,670
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,854
$348,670

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Caliber Home Loans Inc
Conventional
$246,400
No
First
Jun 4, 2021
Jul 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$223,295
$143,705
39%
61%
$1,478/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,972/mo
$1,478/mo
+$494/mo
6.4%

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.

Explore Texas Explore This Area
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: Irving

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1306 Towne Colony Drive | Property Details | No Agent List