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$762,676

NAL Estimated Property Value

1401 Cottonwood Dr, Celina, TX, 75009

Off MarketInfo
Beds5 Beds
Baths4 Bath
Baths3,986 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$200.7 / sqft
Year BuiltBuilt in 2013

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 5Bedrooms 5
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Gas Cooktop, Microwave, Double Oven
FlooringCarpet, Tile, Wood

Exterior

Private PoolPrivate Pool
Exterior FeaturesBuilt-in Barbecue, Rain Gutters, Outdoor Grill
Lot Size7,522 sqft

Building Information

Year Built2013
Stories2
Garage Spaces2

Land Information

APNR-10402-00K-0170-1
Lot Number17
SubdivisionLight Farms Phase One (Gcn)
Land UseResidential
Legal DescriptionLIGHT FARMS PHASE ONE (GCN), BLK K, LOT 17
Census Tract030306
Assessed Land Value$175,000
Assessed Improvement Value$587,676
Assessment Year2025

About this property

Gorgeous home located in the highly sought after, resort style, Master Planned Community of Light Farms! Warm and inviting floorplan creates a great space for entertaining and daily living! Neutral color palette throughout, versatile for any design style! Outdoor oasis! Extended cover patio and sparkling pool feels like vacation right at home! Exterior outdoor heaters, outdoor refrigerator and electric patio shades add to the upgrades throughout! PROSPER ISD - on site elementary school! 3 CAR GARAGE. Don't miss all the amenities the community has to offer as well! From 13+ miles of trails, pools, tennis courts, gym, private lake, and onsite restaurant. MUST SEE!

Investor Tools

Property Icon
$762,676
Estimated Property Value
$584,720Estimated Mortgage Balance
$177,956Estimated Equity
23% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,800 /month
Positive
Cash Flow Estimate:
$1,600 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$961/month
$132/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,718
$762,676
2025
$175,000
$587,676
$762,676
No

Tax History

Year
Tax Paid
Assessed Value
2024
$7,718
$762,676

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Prosperity Home Mortgage Llc
Conventional
$607,500
No
First
Apr 22, 2024
May 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$584,720
$177,956
23%
77%
$3,643/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,480/mo
$3,775/mo
$-295/mo
5.5%

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: Celina

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