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$429,414

NAL Estimated Property Value

1407 Monarch Trl, Northlake, TX, 76226

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,799 Sq Ft
price_per_sqft$226.79 / sqft
Year BuiltBuilt in 2019

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Oven, Gas Cooktop, Microwave, Tankless Water Heater
FlooringCarpet, Ceramic Tile, Vinyl

Exterior

Exterior FeaturesRain Gutters
Lot Size8,298 sqft

Building Information

Year Built2019
Stories1
Roof Type105
Garage Spaces2

Land Information

APNR746799
Lot Number36
SubdivisionCanyon Falls Pennington Phase One
Land UseResidential
Legal DescriptionCANYON FALLS PENNINGTON PHASE ONE BLK E LOT 36
Census Tract020317
Assessed Land Value$99,680
Assessed Improvement Value$329,734
Assessment Year2025

About this property

Single story American Legend home in the highly sought Canyon Falls community offers 3 bedrooms, 2 full baths, beautiful wood look floors, and amazing details throughout! Kitchen features granite counters, 42 in. white shaker cabinets, stainless steel appliances, counter-height island & breakfast bar, corner pantry, under-mount SS sink, gas cooktop & pendant lighting. Dining room overlooks a large backyard. Primary suite with ensuite bath features a Garden tub, split vanities, separate shower, desk space, & walk-in closet. Spacious secondary bedrooms with walk-in closets, separated by the hall bath. Drop zone at 2-car garage entry. Other highlights include Tankless water heater *Sprinkler System *Gutters * Enjoy year-round HOA Community events* HOA dues include FRONT YARD main., INTERNET & TV service! Canyon Falls offers a beautiful community clubhouse, 2 luxurious pools, splash zone, playgrounds, scenic event spaces, fitness facility, expansive open spaces, catch and release fishing, biking trails, hiking trails & greenbelt spaces. This home is a must see!

Investor Tools

Property Icon
$429,414
Estimated Property Value
$299,231Estimated Mortgage Balance
$130,183Estimated Equity
30% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,576 /month
Positive
Cash Flow Estimate:
$859 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$840/month
$727/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,931
$429,414
2025
$99,680
$329,734
$429,414
No

Tax History

Year
Tax Paid
Assessed Value
2024
$7,931
$429,414

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Primelending
Conventional
$306,000
No
First
Feb 11, 2025
Mar 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$299,231
$130,183
30%
70%
$1,835/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,960/mo
$2,562/mo
+$398/mo
8.3%

Learn About the Market: Opportunity in Texas

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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: Northlake

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1407 Monarch Trl | Property Details | No Agent List