$308,922
NAL Estimated Property Value1404 Morin Drive, Denton, TX, 76207
Off Market
Property Lead Type:
Off-Market ListHigh Equity
Highlights
Interior
AppliancesDishwasher, Disposal, Electric Range, Microwave, Plumbed For Ice Maker
FlooringCarpet, Ceramic Tile
Exterior
Lot Size10,271 sqft
Building Information
Year Built2005
Stories1
Roof Type105
Garage Spaces2
Land Information
APNR256239
Lot Number22
SubdivisionNorthpointe Ph 2 (Denton Isd)
Land UseResidential
Legal DescriptionNORTHPOINTE PH 2 (DENTON ISD) BLK 15 LOT 22
Census Tract020404
Assessed Land Value$79,563
Assessed Improvement Value$229,359
Assessment Year2025
About this property
Nice neighborhood conveniently located in North Denton, near 77, Discovery Park, north Loop 288, with easy access to any direction for commuting! Open living and dining with vinyl plank floor. Kitchen is spacious and open to living area. Split master suite has large walk in closet, garden tub, view of backyard. Huge backyard! Covered patio.
Investor Tools
$308,922
Estimated Property Value
$190,581Estimated Mortgage Balance
$118,341Estimated Equity
38% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,854 /month
Positive
Cash Flow Estimate:
$618 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$423/month
$145/month
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,528
$308,922
2025
$79,563
$229,359
$308,922
No
Tax History
Year
Tax Paid
Assessed Value
2024
$3,528
$308,922
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Homewood Mortgage Llc
Va
$220,000
Yes
First
Aug 9, 2019
Sep 2049
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$190,581
$118,341
38%
62%
$1,320/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,020/mo
$1,465/mo
+$555/mo
7.8%
