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B+
NoAgentList RatingHow are grades calculated?Info
Days184Days on Market
Views1view
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$1,199,900

1442 Kara Trail, Van Alstyne, TX, 75495

$1,225,475 ARVInfo
On MarketInfo
Beds5 Beds
Baths3 Bath
Baths3,599 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$333.4 / sqft
Year BuiltBuilt in 2022

Property Lead Type:

High Equity

Highlights

Interior

Bedrooms 5Bedrooms 5
Bathrooms Full 3Bathrooms Full 3
Garage AvailableGarage Available
AppliancesBuilt-In Gas Range, Dishwasher, Disposal, Gas Cooktop, Gas Oven, Gas Water Heater, Microwave, Double Oven, Vented Exhaust Fan
FlooringCarpet

Exterior

Lot Size1.81 acres

Building Information

Year Built2022
Garage Spaces4

Land Information

APN311 8183015
Lot Number15
SubdivisionPearlace Addition
Land UseResidential
Legal DescriptionPEARLACE ADDITION, BLOCK A, LOT 15, ACRES 1.807
Census Tract001803
Assessed Land Value$184,600
Assessed Improvement Value$770,029
Assessment Year2025

About this property

Luxury country estate featuring 5 bedrooms and 3 full baths on 1.80 acres. This custom-built home boasts high-end finishes throughout. The open-concept design flows seamlessly. Upon entering the home, you will be awed by the impressive great room, which showcases a striking black accent wall with an electric fireplace and soaring ceilings with a stunning chandelier. The home also offers a 17x14 game room and a 17x12 media room. The dining area is an open space that connects the great room to the kitchen. The living areas and kitchen have wide-plank wood flooring. The chef’s kitchen is a dream for cooking enthusiasts, THOR double oven with gas cooktop, a large island, two sinks, tons of counter space, and an amazing walk-in pantry, which includes cabinets, ample counter space, and open shelving. The storage in this house is exceptional! The primary bedroom offers wood flooring and a luxurious ensuite bath with dual vanities, a porcelain soaking tub, and a large walk-in shower. This spacious primary bath includes dual closets and a gun-safe room that can also serve as a tornado safe room. One of the four secondary bedrooms is situated apart from the others and has been utilized as an office. The laundry room features numerous cabinets, matching granite counters like those in the kitchen, a sink, and space for an extra refrigerator. Step outside to the spacious back porch(complete with automated screens) where you can enjoy breathtaking sunsets. The backyard is equipped with turf and a dog run. This property is located outside of city limits, boasting a favorable property tax rate of $1.67. Pearlace Estates is a small neighborhood that offers luxury country estate homes. Conveniently located within 5 minutes of US 75. VAISD is an A rated school.- the highest in Grayson County. Van Alstyne is a thriving small town with friendly folk. Enjoy the many festivals, the weekly Farmer's Market and live music at the Downtown Social District. Come see!

Investor Tools

$950,903Estimated Mortgage Balance
$237,097Estimated Equity
19% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$1,225,474
Rent-to-Value Ratio: 0.72%
Rent Estimate
$7,199 /month
Positive
Cash Flow Estimate:
$2,400 /month

Interested in this property?

Debra Pettit

PARAGON, REALTORS

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,597/month
$175/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$13,225
$954,629
2025
$184,600
$770,029
$954,629
No

Tax History

Year
Tax Paid
Assessed Value
2024
$13,225
$954,629

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
First Bank
Conventional
$300,000
No
First
Oct 9, 2025
Nov 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$950,903
$237,097
19%
80%
$5,757/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.

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: Van Alstyne

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1442 Kara Trail | Property Details | No Agent List