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$290,000

1400 Summit Cir, Taylor, TX, 76574

Under ContractInfo
Beds3 Beds
Baths2 Bath
Baths1,372 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$211.37 / sqft
Year BuiltBuilt in 1980

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 Range, Indoor Grill, Microwave, Free-Standing Range, Refrigerator
FlooringTile, Vinyl

Exterior

Private PoolPrivate Pool
Exterior FeaturesRain Gutters, Private Yard
Lot Size9,148 sqft

Building Information

Year Built1980
Stories1
Garage Spaces4

Land Information

APNR-13-0804-0011-40000
Lot Number14
SubdivisionHeights North
Land UseResidential
Legal DescriptionHEIGHTS NORTH PHASE 1, BLOCK 1, LOT 14
Census Tract021201
Assessed Land Value$69,500
Assessed Improvement Value$227,202
Assessment Year2025

About this property

If you’ve been looking for a space to create, build, or run a business from home…this is it. The standout feature of this property is the detached, fully powered studio/workshop…complete with a loft, built-in workbenches, and large windows that flood the space with natural light. This structure also includes a third garage bay, giving you the flexibility to store, build, or create all in one place. Situated on a large corner lot with no HOA restrictions, the main home offers a single-story layout with an open-concept design, a cozy brick fireplace, and all hard flooring throughout. The kitchen features gas cooking and unique tile work, while a dedicated flex room provides additional space for a home office or second living area. An updated bathroom with a walk-in shower and a covered concrete patio round out the home’s functionality…and with a 2024 roof already in place, a lot of the heavy lifting has been done. Sellers are motivated and open to reasonable offers…a rare opportunity for someone who needs more than just a house.

Investor Tools

$172,136Estimated Mortgage Balance
$124,566Estimated Equity
41% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,780 /month
Positive
Cash Flow Estimate:
$593 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$282/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,898
$296,702
2025
$69,500
$227,202
$296,702
No

Tax History

Year
Tax Paid
Assessed Value
2025
$1,898
$296,702

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Wyndham Capital Mortgage Inc
Conventional
$188,500
No
First
Oct 22, 2021
Nov 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$172,136
$124,566
41%
58%
$1,131/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: Taylor

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1400 Summit Cir | Property Details | No Agent List