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Days30Days on Market
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$1,150,000

1508 Thornwood Dr, MISSION, TX, 78574

On MarketInfo
Beds4 Beds
Baths4 Bath
Baths4,400 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$261.36 / sqft
Year BuiltBuilt in 2001

Property Lead Type:

Absentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 4Bathrooms Full 4
Bathrooms Half 1Bathrooms Half 1
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesElectric Water Heater
FlooringHardwood, Tile

Exterior

Private PoolPrivate Pool
Lot Size38,829 sqft

Building Information

Year Built2001
Stories2
Roof Type105
Garage Spaces2

Land Information

APNF1550-00-000-0002-00
Lot Number2
SubdivisionFalcon Crest - Sms
Land UseResidential
Legal DescriptionFALCON CREST LOT 2
Census Tract020307
Assessed Land Value$108,727
Assessed Improvement Value$465,847
Assessment Year2025

About this property

Experience luxury in this stunning two-story, four-bedroom, 4.5-bath home set on a generous 0.89-acre lot in the prestigious Falcon Crest subdivision. This impressive residence features a gorgeous inground swimming pool, ideal for year-round enjoyment and entertainment. Enhancements include front and backyard sprinklers and captivating landscape lighting that elevate the property's charm. The home offers a spacious double car garage along with a dedicated golf cart garage and a storage shed. The beautifully landscaped grounds lead to an inviting covered patio, perfect for gatherings, equipped with a wet bar and barbecue pit area. Additionally, a game room with its own full bathroom transforms the backyard into an entertainer's paradise. Inside, the home is move-in ready, featuring a propane stove, dishwasher, and refrigerator, ensuring a perfect blend of comfort and convenience. Don't miss the chance to claim this exquisite property as your own—schedule your private tour today!

Investor Tools

$1,384Estimated Mortgage Balance
$676,616Estimated Equity
99% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$6,900 /month
Positive
Cash Flow Estimate:
$2,300 /month

Interested in this property?

Paola De Leon

Grand Realty & Associates, LLC

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,461/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$14,136
$574,574
2025
$108,727
$465,847
$574,574
No

Tax History

Year
Tax Paid
Assessed Value
2024
$14,136
$574,574

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Houstonian Mortgage Group Inc
Conventional
$186,450
No
First
Dec 27, 2010
Jan 2026

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$1,384
$676,616
99%
0%
$0/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.

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: MISSION

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