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$402,695

148 Independence Drive, Joshua, TX, 76058

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,304 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$186.63 / sqft
Year BuiltBuilt in 2021

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
AppliancesDishwasher, Disposal, Electric Cooktop, Electric Oven, Microwave, Vented Exhaust Fan
FlooringCarpet, Ceramic Tile

Exterior

Lot Size8,189 sqft

Building Information

Year Built2021
Garage Spaces2

Land Information

APN126.2246.01020
Lot Number2
SubdivisionHeritage Ii
Land UseResidential
Legal DescriptionLOT 2 BLK 1 HERITAGE II
Census Tract130214
Assessed Land Value$71,000
Assessed Improvement Value$331,695
Assessment Year2025

About this property

This home was built as the feature model home for the subdivision for Ashton Homes! The attention to detail and extra touches makes this home highly sought after! Upon entering the home, you notice the natural light of the oversized windows. You instantly have a feeling of warmth and coziness with the beautifully selected tile work and cabinet stains. The oversized kitchen will allow the chef of the home to prepare a variety of dishes! The massive kitchen island will surely become a focal point with the open concept floor plan into the dining room and living room! The master suite and bathroom will have any homeowner feeling spoiled with the special amenities. The large walk-in closet has plenty of room for clothes of every season. There is an additional three bedrooms that are split from the master suite to insure everyone has the privacy they desire. The study can actually serve as an additional bedroom to give the home 5 bedrooms. The large covered back porch is a perfect retreat!

Investor Tools

Property Icon
$402,695
Estimated Property Value
$0Estimated Mortgage Balance
$74,576Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,580 /month
Positive
Cash Flow Estimate:
$860 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$850/month
$240/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$8,182
$402,695
2025
$71,000
$331,695
$402,695
No

Tax History

Year
Tax Paid
Assessed Value
2025
$8,182
$402,695

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Highlands Residential Mortgage Ltd
Conventional
$352,750
No
First
Aug 10, 2022
Sep 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$328,119
$74,576
18%
81%
$2,115/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,385/mo
$2,355/mo
+$30/mo
7.1%

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: Joshua

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148 Independence Drive | Property Details | No Agent List