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$219,000

NAL Estimated Property Value

1509 Lagoona Ln, Edgecliff Village, TX, 76134

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,222 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$167.76 / sqft
Year BuiltBuilt in 1970

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Electric Cooktop, Electric Oven, Gas Water Heater
FlooringCarpet, Ceramic Tile, Laminate

Exterior

Lot Size8,747 sqft

Building Information

Year Built1970
Stories1
Garage Spaces2

Land Information

APN10935-9-9
Lot Number9
SubdivisionEdgecliff Village Ii Addition
Land UseResidential
Legal DescriptionEDGECLIFF VILLAGE II ADDITION BLOCK 9 LOT 9
Census Tract111003
Assessed Land Value$40,000
Assessed Improvement Value$125,000
Assessment Year2025

About this property

This is your opportunity to live in Edgecliff Village! Perfect location for your morning commute, very close to I-35 & I-20 and minutes to Hallmark Park. Perfect started home in a friendly and quiet neighborhood featuring 3 Bedrooms, 2 Baths with a Two-car garage providing extra storage or workshop area. House needs some updates and is Sold as Is. Bring your family to this well-maintained, solid-structure home with a big backyard with trees and plenty of space for the kids to play or your pets to run around. This house is ready for some TLC to make it your dream home. Don't miss this opportunity!

Investor Tools

Property Icon
$219,000
Estimated Property Value
$422,429,399Estimated 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
$1,314 /month
Positive
Cash Flow Estimate:
$438 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$429/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,054
$165,000
2025
$40,000
$125,000
$165,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,054
$165,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Morgan Stanley Mortgage Capital Holdings
Commercial
$434,010,000
No
First
Nov 14, 2024
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$422,429,399
N/A
0%
192890%
$2,602,110/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,927/mo
$2,602,110/mo
$-2,600,183/mo
10.6%

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: Edgecliff Village

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