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$601,137

1454 Corrara Dr, McLendon Chisholm, TX, 75032

Off MarketInfo
Beds5 Beds
Baths4 Bath
Baths3,491 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$168.98 / sqft
Year BuiltBuilt in 2016

Property Lead Type:

Off-Market ListAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 5Bedrooms 5
Bathrooms Full 4Bathrooms Full 4
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating GasHeating Gas
CoolingCooling
AppliancesDishwasher, Disposal, Electric Cooktop, Electric Oven, Gas Water Heater, Microwave, Double Oven, Refrigerator, Vented Exhaust Fan
FlooringCarpet, Ceramic Tile

Exterior

Private PoolPrivate Pool
Exterior FeaturesRain Gutters
Lot Size10,280 sqft

Building Information

Year Built2016
Stories1
Roof Type127
Garage Spaces2

Land Information

APNS5037-000F-0023-00-0R
Lot Number23
SubdivisionSonoma Verde Ph 1b
Land UseResidential
Legal DescriptionSONOMA VERDE PH 1B, BLOCK F, LOT 23
Census Tract040509
Assessed Land Value$140,000
Assessed Improvement Value$461,137
Assessment Year2025

About this property

This home has just been reduced again to the best price in Sonoma Verde! You can move in by the summer and enjoy the relaxing pool and this beautiful well-maintained home built in 2017 on oversized lot of almost .25 acre. Home boasts ceramic wood-like flooring in living areas and carpeted bedrooms and has been recently painted with recently replaced roof. Open dramatic living area boasts floor to ceiling stone Fireplace and high ceilings. The kitchen is open and has stainless-steel appliances, gas cooktop, 42 inch cabinets, crown molding, granite counters, breakfast bar and pantry. Surround sound included in garage and back yard. Media room has a 4K projector, 7.1 surround sound built-in with a 200 inch screen and all media room furniture, TV and sound system. A perfect home for entertaining! Neighborhood includes a clubhouse, resort-style pool, parks, trails, private lake and is in top rated Rockwall ISD! Pool equipment, lawn furniture, refrigerator, and security system stay and some of the other furniture and appliances are negotiable.

Investor Tools

Property Icon
$601,137
Estimated Property Value
$517,750Estimated Mortgage Balance
$88,661Estimated Equity
14% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,607 /month
Positive
Cash Flow Estimate:
$1,202 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$397/month
$795/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,761
$601,137
2025
$140,000
$461,137
$601,137
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,761
$601,137

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
American Portfolio Mortgage Corp
Conventional
$517,750
No
First
Oct 16, 2025
Nov 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$512,476
$88,661
14%
85%
$3,105/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,010/mo
$3,900/mo
$-890/mo
6.0%

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: McLendon Chisholm

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1454 Corrara Dr | Property Details | No Agent List