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$629,000

NAL Estimated Property Value

150 Enchanted Dr, Enchanted Oaks, TX, 75156

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths2,220 Sq Ft
price_per_sqft$416.67 / sqft
Year BuiltBuilt in 1976

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Cooktop, Electric Water Heater, Microwave, Vented Exhaust Fan
FlooringCeramic Tile

Exterior

Exterior FeaturesBalcony
Lot Size13,068 sqft

Building Information

Year Built1976
Roof Type105
Garage Spaces4

Land Information

APN2710-0002-1650-32
Lot Number164,165
SubdivisionEnchanted Oaks (588)
Land UseResidential
Legal DescriptionLT 165 AB 487 J MENDOZA SUR, ENCHANTED OAKS, BLK B LT 165 & .017 AC OF LT 164
Census Tract950904
Assessed Land Value$200,250
Assessed Improvement Value$293,093
Assessment Year2025

About this property

Welcome to the Enchanted Oaks Community, where this lakefront property is sure to exceed your expectations! This unique property underwent a complete update in 2022. Entering you'll be captivated by the airy open living area that offers breathtaking views of the lake. On the other side, a spacious open floor plan encompasses a living room, large dining area, and oversized, newly renovated kitchen with ample storage and a grand center island. Inside, you'll find a beautiful natural stone wood-burning fireplace and a generously sized built-in bookcase Buffett-style wall shelving unit, adding character to the open area. Step through the French doors that lead to a brand new, 750 sq ft multi-level deck, where you can take in the serene lake views. The backyard also features a new fire pit, perfect for cozy evening gatherings with friends or family. Outdoor enthusiasts will appreciate the dock, equipped with boat whips for convenient boat docking and even overnight stays if needed.

Investor Tools

Property Icon
$629,000
Estimated Property Value
$271,869Estimated Mortgage Balance
$357,131Estimated Equity
56% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$5,550 /month
Positive
Cash Flow Estimate:
$1,850 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$914/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,824
$493,343
2025
$200,250
$293,093
$493,343
No

Tax History

Year
Tax Paid
Assessed Value
2024
$7,824
$493,343

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Swbc Mortgage Corp
Conventional
$300,000
No
First
Jun 22, 2021
Jul 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$271,869
$357,131
56%
43%
$1,799/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: Enchanted Oaks

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150 Enchanted Dr | Property Details | No Agent List