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$330,000

$339,000

1408 Downing Dr, Aubrey, TX, 76227

On MarketInfo
Just AddedInfo
Price DropInfo
Beds3 Beds
Baths2 Bath
Baths1,544 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$213.73 / sqft
Year BuiltBuilt in 2016

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Gas Cooktop, Microwave
FlooringCarpet, Tile

Exterior

Private PoolPrivate Pool
Exterior FeaturesRain Gutters, Lighting, Private Yard
Lot Size5,889 sqft

Building Information

Year Built2016
Stories1
Roof Type105
Garage Spaces2

Land Information

APNR670538
Lot Number22
SubdivisionAzalea Village At Savannah Phase 11a
Land UseResidential
Legal DescriptionAZALEA VILLAGE AT SAVANNAH PHASE 11A BLK C LOT 22
Census Tract020124
Assessed Land Value$100,096
Assessed Improvement Value$229,099
Assessment Year2025

About this property

Adorable NORTH-facing cottage-style home in the highly desirable Savannah community! This charming home welcomes you with a spacious front porch, perfect for relaxing and enjoying the neighborhood atmosphere. Inside, you'll be greeted by high ceilings and abundant natural light that create a warm and inviting feel from the moment you enter. The flexible floor plan offers incredible versatility with a front room that can serve as an office or bedroom, plus an additional secondary bedroom and full bathroom. The primary suite is filled with natural light and offers views of the side patio. The ensuite bathroom is a true retreat, featuring separate his-and-her closets, dual sinks, a soaking tub, and a separate shower. The open-concept kitchen is the heart of the home, overlooking the living and dining areas and making it ideal for everyday living and entertaining. It features stainless steel appliances, ample cabinet space, and convenient access to the tucked-away laundry room. The inviting living room is anchored by a cozy corner fireplace, creating the perfect gathering space for family and friends. Just beyond the living room is an additional flex space that can be used as playroom, office, workout room, or lounge area, with direct access to the backyard. Outdoor living shines with a covered side patio complete with a natural gas connection for grilling, an extended patio area, and a built-in basketball hoop for endless fun and entertainment. Located in the heart of the fastest-growing areas, Savannah is surrounded by exciting new development, including nearby Costco and H-E-B. Conveniently located close to US 380, schools, shopping, dining, and entertainment. Residents enjoy exceptional resort-style amenities, including a 20k-SqFt clubhouse, waterpark with slides, gym, tennis, basketball, sand volleyball, playgrounds, parks, and scenic walking trails. This is a wonderful opportunity to enjoy the Savannah lifestyle in a home full of charm, comfort, and flexibility!

Investor Tools

$276,180Estimated Mortgage Balance
$61,672Estimated Equity
16% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,022 /month
Positive
Cash Flow Estimate:
$674 /month

Interested in this property?

Cory Bertrand

Keller Williams NO. Collin Cty

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$764/month
$584/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,482
$329,195
2025
$100,096
$229,099
$329,195
No

Tax History

Year
Tax Paid
Assessed Value
2025
$7,482
$329,195

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Plains Commerce Bank
Conventional
$245,915
No
First
Apr 7, 2025
May 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$276,180
$53,015
16%
82%
$1,691/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,820/mo
$2,275/mo
+$545/mo
10.0%

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.

Explore Texas Explore This Area
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: Aubrey

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1408 Downing Dr | Property Details | No Agent List