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$390,000

NAL Estimated Property Value

1408 River Oaks Drive, Huntsville, TX, 77340

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths2,350 Sq Ft
price_per_sqft$131.91 / sqft
Year BuiltBuilt in 2021

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 3Bathrooms 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Gas Oven, Microwave, Gas Cooktop, Dishwasher
FlooringCarpet, Tile

Exterior

Lot Size10,890 sqft

Building Information

Year Built2021
Stories1
Roof Type105
Garage Spaces2

Land Information

APN26503
Lot Number66
SubdivisionElkins Lake - Sec 4
Land UseResidential
Legal DescriptionELKINS LAKE - SEC 4, BLOCK 45, LOT 66
Census Tract790302
Assessed Land Value$27,900
Assessed Improvement Value$332,100
Assessment Year2025

About this property

This floor plan has been very popular and the builder has made many variations to suit the buyers. Extra large kitchen and larger primary bath and bedroom and huge covered back patio. Huge Primary suite with extra large duel closets. Primary shower is a spacious walk in and has a separate jacuzzi tub. This kitchen has many custom cabinets and an island. You will be impressed with the elegant entry with columns separating the open living and formal dining areas. IF YOU ARE NOT FAMILIAR WITH ELKINS LAKE, YOU WILL BE IMPRESSED WITH ALL THE FACILITIES. UNLIMITED GOLFING, SWIMMING POOLS, TENNIS COURTS, WALKING PATHS, RESTAURANT & CLUBHOUSE WITH TONS OF ACTIVITIES. AND YOU WILL BE IMPRESSED WITH THIS BUILDER TOO. THIS NEW HOME WILL BE READY FOR YOU BY THE END OF MARCH 2021. YOU HAVE TIME NOW TO MAKE COLOR SELECTIONS.

Investor Tools

Property Icon
$390,000
Estimated Property Value
$221,708Estimated Mortgage Balance
$168,292Estimated Equity
43% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,340 /month
Positive
Cash Flow Estimate:
$780 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$538/month
$181/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,512
$360,000
2025
$27,900
$332,100
$360,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,512
$360,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Jmac Lending Inc
Conventional
$245,600
No
First
Apr 14, 2021
May 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$221,708
$168,292
43%
57%
$1,473/mo

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: Huntsville

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1408 River Oaks Drive | Property Details | No Agent List