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$200,000

1455 Meadow Creek Drive, Combine, TX, 75159

$234,679 ARVInfo
Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,568 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$127.55 / sqft
Year BuiltBuilt in 1986

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Electric Oven, Electric Range
FlooringCarpet, Vinyl

Exterior

Exterior FeaturesOther, Storage
Lot Size1.16 acres

Building Information

Year Built1986
Roof Type105
Garage Spaces5

Land Information

APN93040010000210000
Lot Number21
SubdivisionMeadow Creek
Land UseResidential
Legal DescriptionMEADOW CREEK PH 2 LOT 21 OAKCREEK 28X56 1986 S#OC03871774A INT202000366854 DD12282020 CO-DC 0400100002100 4OM04001000
Census Tract017006
Assessed Land Value$49,170
Assessed Improvement Value$3,740
Assessment Year2025

About this property

Serene Country living minutes outside of Dallas. This 3 bed 2 bath home has so much charm & special character - nestled on 1.15 acres at the end of a cul-de-sac with mature fruit trees (peach, nectarine, plum, pear, pecans), new back lawn, new water heater, an amazing wood-working workshop & a beautiful, full front porch perfect for rocking. Tons of privacy, storage galore, spacious living and dining areas include custom butcher block counters and a custom-built-in nook table with storage. Huge carport could fit a camper or RV. In ground Storm Shelter can fit 18 people! This home has played host to fair-winning mustang grape jelly (wild grapes stay!), years of family bonfires & a flourishing garden property.

Investor Tools

Property Icon
$208,000
Estimated Property Value
$0Estimated Mortgage Balance
$51,445Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$234,679
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,248 /month
Positive
Cash Flow Estimate:
$416 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$121/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$412
$52,910
2025
$49,170
$3,740
$52,910
No

Tax History

Year
Tax Paid
Assessed Value
2024
$412
$52,910

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Southwest Funding Lp
Conventional
$174,800
No
First
Dec 28, 2020
Jan 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$156,555
$51,445
24%
75%
$1,049/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,972/mo
$1,049/mo
+$923/mo
11.4%

Learn About the Market: Opportunity in Texas

Local Market Pages
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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: Combine

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