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$936,000

NAL Estimated Property Value

1407 Micah Way, Keller, TX, 76248

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths3,601 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$262.43 / sqft
Year BuiltBuilt in 1999

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Oven, Gas Cooktop, Microwave, Tankless Water Heater
FlooringCarpet, Ceramic Tile, Wood

Exterior

Private PoolPrivate Pool
Exterior FeaturesGas Grill, Rain Gutters, Private Yard, Outdoor Grill
Lot Size14,998 sqft

Building Information

Year Built1999
Stories2
Garage Spaces3

Land Information

APN44063-A-45
Lot Number45
SubdivisionTwin Lakes Addition (Keller)
Land UseResidential
Legal DescriptionTWIN LAKES ADDITION (KELLER) BLOCK A LOT 45
Census Tract113816
Assessed Land Value$150,000
Assessed Improvement Value$641,000
Assessment Year2025

About this property

Welcome to 1407 Micah Way, perfectly situated on a beautifully wooded cul-de-sac lot in the highly sought-after gated community of Twin Lakes. This home stands out with a rare combination of space, major system updates, and move-in-ready condition. Pre-inspected with repairs completed due to corporate relocation, this home offers added peace of mind for buyers looking to avoid unexpected projects. Major updates include new roof (2021) and windows (2022), updated HVAC systems still under warranty, and a tankless water heater—reducing future maintenance concerns. This immaculate custom home offers an exceptional blend of timeless elegance and modern energy efficiency. The fully updated kitchen is a chef’s dream, featuring gorgeous granite countertops, stainless steel appliances, custom cabinetry, and a gas cooktop—ideal for both everyday living and entertaining. The bathrooms have also been tastefully renovated, enhancing the home’s sophisticated appeal. The spacious primary suite serves as a private retreat, complete with an oversized walk-in closet and a spa-like atmosphere reminiscent of a five-star resort. A dedicated home office provides the perfect space for remote work or quiet study. Designed with flexibility in mind, the home includes two bedrooms downstairs and two upstairs, accommodating a variety of lifestyles. The versatile game room doubles as a media room, making it perfect for hosting gatherings or creating a fun space for family and guests. Step outside to your own backyard oasis, where a sparkling blue pool, covered patio, oversized lot and an outdoor kitchen create the perfect setting for relaxing and entertaining during warm Texas days. You will truly enjoy this well-maintained home combining updates, layout, and outdoor living—ready for its next owner. Residents of Twin Lakes also enjoy access to two private lakes, and Bear Creek Park is within walking distance, offering even more opportunities for outdoor recreation.

Investor Tools

Property Icon
$936,000
Estimated Property Value
$320,015Estimated Mortgage Balance
$615,985Estimated Equity
65% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$5,670 /month
Positive
Cash Flow Estimate:
$1,890 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,296/month
$955/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$10,876
$791,000
2025
$150,000
$641,000
$791,000
No

Tax History

Year
Tax Paid
Assessed Value
2025
$10,876
$791,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Jpmorgan Chase Bank Na
Conventional
$404,000
No
First
Jul 29, 2016
Aug 2046

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$320,015
$615,985
65%
34%
$2,423/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,110/mo
$3,378/mo
$-268/mo
4.0%

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: Keller

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1407 Micah Way | Property Details | No Agent List