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Days2144Days on Market
Views1view

$350,000

$375,000

1505 Morning Dove, Aubrey, TX, 76227

On MarketInfo
Price DropInfo
Beds5 Beds
Baths3 Bath
Baths2,672 Sq Ft
price_per_sqft$130.99 / sqft
Year BuiltBuilt in 2004

Property Lead Type:

Must-SellAbsentee Owner

Highlights

Interior

Bedrooms 5Bedrooms 5
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Range
FlooringCarpet, Vinyl

Exterior

Private PoolPrivate Pool
Lot Size5,793 sqft

Building Information

Year Built2004
Stories2
Roof Type105
Garage Spaces2

Land Information

APNR264969
Lot Number21
SubdivisionPaloma Creek Ph 2
Land UseResidential
Legal DescriptionPALOMA CREEK PH 2 BLK L LOT 21
Census Tract020123
Assessed Land Value$74,038
Assessed Improvement Value$332,422
Assessment Year2025

About this property

Paloma Creek is one of the most sought-after master-planned communities in Aubrey, TX — and for good reason. The neighborhood delivers resort-style amenities, friendly streets, and quick access to U.S. 380 and the growing North Dallas corridor, making it a top destination for families relocating to the Dallas–Fort Worth metroplex. This two-story, 5-bedroom, 3-bath home checks every box for buyers who want room to spread out without sacrificing community. With two living areas and two dining spaces, the floor plan gives you options — a dedicated family room, a flex space upstairs, a spot for a home office, a playroom, or a media setup. The main living area anchors the first floor with a cozy fireplace and an open flow that makes everyday living easy and entertaining even easier. All five bedrooms sit upstairs, along with the second living area — a layout that keeps the main floor open and gives the primary suite a natural sense of separation from the rest of the home. Walk-in closets throughout, an oversized utility room with freezer space, and 2-inch blinds already in place. It's set up for real life. Step outside to a large, fully fenced backyard with a covered patio — ideal for evening gatherings, weekend cookouts, or just letting kids and dogs do their thing. One of the standout features here: solar panels that are fully paid off and under no lease agreement. Electric bills run at or near zero most months. That's real, ongoing savings that transfers directly to the next owner — no strings attached. Paloma Creek residents enjoy an Olympic-sized community pool, parks, playgrounds, and walking trails — the kind of neighborhood infrastructure that buyers specifically relocate to Denton County to find. Located in Aubrey, TX with easy access to Little Elm, Frisco, and Denton, this home sits squarely in one of the fastest-growing real estate corridors in North Texas. Subject to Third Party Approval.

Investor Tools

$413,860Estimated Mortgage Balance
$0Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,439 /month
Positive
Cash Flow Estimate:
$813 /month

Interested in this property?

Leigh Bates

Jason Mitchell Real Estate Texas

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$661/month
$275/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,903
$406,460
2025
$74,038
$332,422
$406,460
No

Tax History

Year
Tax Paid
Assessed Value
2025
$5,903
$406,460

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Ntfn Inc
Va
$450,660
Yes
First
Feb 25, 2022
Mar 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$413,860
N/A
0%
102%
$2,702/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,680/mo
$2,977/mo
+$703/mo
10.9%

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: Aubrey

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1505 Morning Dove | Property Details | No Agent List