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$5,000,000

13431 Spinnaker Way, Malakoff, TX, 75148

$6,479,753 ARVInfo
Off MarketInfo
Beds7 Beds
Baths8 Bath
Baths8,096 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$617.59 / sqft
Year BuiltBuilt in 2024

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 7Bedrooms 7
Bathrooms Full 9Bathrooms Full 9
AppliancesRefrigerator, Built-In Gas Range, Built-In Refrigerator, Dishwasher, Disposal, Ice Maker, Microwave, Tankless Water Heater, Warming Drawer, Washer

Exterior

Exterior FeaturesBasketball Court, Courtyard
Lot Size19,602 sqft

Building Information

Year Built2021
Garage Spaces4

Land Information

APN3394-0000-0370-68
Lot Number37,38
SubdivisionLong Cove Henderson Bay (17)
Land UseResidential
Legal Description37 AB 481 G MARTINEZ SUR, LONG COVE HENDERSON BAY, SEC 4, LT 37R (RE:LTS 37-38) REPLAT G/385, G/252
Census Tract951102
Assessed Land Value$1,380,000
Assessed Improvement Value$4,074,826
Assessment Year2025

About this property

This home is in the heart of the Long Cove community. It is a quick walk or golf cart ride to the abundance of amenities that Long Cove has to offer, including 4 miles of hiking & biking trails, two resort-style pools, par 3 golf course, 400-yd driving range, 4 stocked fishing ponds, pickleball, tennis, sand volleyball courts & more. This recently completed, Texas Modern-style home sits on a double lot at the end of a cul-de-sac offering privacy and seclusion. With 2 masters, 3 bunkrooms, a movie theatre, game room, and seating for dozens (both inside and out), this home has it all with ample room for family, friends, and friends of friends. This home was designed to maximize the flow of natural light creating an open, inviting ambience. This property has a private pool and spa with an expansive porch with a built-in grill and phantom shades. It is 1 of 3 homes at Long Cove that has been approved for a private sports court. The home comes fully furnished. Updated photos to come.

Investor Tools

Property Icon
$5,454,826
Estimated Property Value
$3,920,000Estimated Mortgage Balance
$1,651,435Estimated Equity
28% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$6,479,752
Rent-to-Value Ratio: 0.72%
Rent Estimate
$32,729 /month
Positive
Cash Flow Estimate:
$10,910 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$14,638/month
$475/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$148,381
$5,454,826
2025
$1,380,000
$4,074,826
$5,454,826
No

Tax History

Year
Tax Paid
Assessed Value
2024
$148,381
$5,454,826

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Bank Of America Na
Conventional
$3,920,000
No
First
Sep 26, 2024
Oct 2039

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$3,803,391
$1,651,435
30%
70%
$23,503/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: Malakoff

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13431 Spinnaker Way | Property Details | No Agent List