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B+
NoAgentList RatingHow are grades calculated?Info

$468,000

NAL Estimated Property Value

137 Addison Dr, Highland Village, TX, 75077

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths2,136 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$187.27 / sqft
Year BuiltBuilt in 1977

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Gas Cooktop, Double Oven, Refrigerator
FlooringCarpet, Ceramic Tile, Laminate

Exterior

Exterior FeaturesRain Gutters
Lot Size15,098 sqft

Building Information

Year Built1977
Stories1
Roof Type127
Garage Spaces2

Land Information

APNR08381
Lot Number8
SubdivisionWillow Creek
Land UseResidential
Legal DescriptionWILLOW CREEK BLK B LOT 8
Census Tract021514
Assessed Land Value$158,550
Assessed Improvement Value$256,450
Assessment Year2025

About this property

MULTIPLE OFFERS! HIGHEST AND BEST BY SUNDAY AT 5 PM. Calling all those with a vision! Single story ranch in the heart of Highland Village on a beautifully treed third acre lot. Floor to ceiling stone fireplace is the focal point of the expansive living room. The dining room is at the front of the house, just off the kitchen. There's tons of potential in this kitchen! Double ovens, gas cooktop, ample cabinet space, and fridge included. The breakfast area is perfect for casual meals and conversations. You'll appreciate all the space in the laundry room! Three bedrooms and two bathrooms have plenty of space and is split from the kitchen and living areas. For extra living space, the sunroom on the back of the house is enclosed and has picture windows overlooking the lush backyard. Privacy abounds and affords you the creativity to make this space exactly what your heart desires. Solid bones! Two year old AC! Vinyl windows! Fridge, washer, dryer stay!

Investor Tools

Property Icon
$468,000
Estimated Property Value
$242,947Estimated Mortgage Balance
$225,053Estimated Equity
48% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,808 /month
Positive
Cash Flow Estimate:
$936 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$797/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,222
$415,000
2025
$158,550
$256,450
$415,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$7,222
$415,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Jpmorgan Chase Bank Na
Conventional
$250,000
No
First
Oct 25, 2024
Nov 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$242,947
$225,053
48%
52%
$1,499/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,460/mo
$1,499/mo
+$961/mo
6.3%

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: Highland Village

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137 Addison Dr | Property Details | No Agent List