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$506,000

1512 Scot Ln, Keller, TX, 76248

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,628 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$194.06 / sqft
Year BuiltBuilt in 1994

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Gas Cooktop, Microwave

Exterior

Lot Size8,398 sqft

Building Information

Year Built1994
Stories2
Garage Spaces2

Land Information

APN17659G-B-3
Lot Number3
SubdivisionHeatherwood Estates-Keller
Land UseResidential
Legal DescriptionHEATHERWOOD ESTATES-KELLER BLOCK B LOT 3
Census Tract113812
Assessed Land Value$95,000
Assessed Improvement Value$313,000
Assessment Year2025

About this property

Nestled in the desirable Heatherwood Estates of Keller, Texas, 1512 Scot Lane is a 4-bedroom, 3-bathroom home offering 2,628 sq ft of comfortable living space. The spacious master suite is conveniently located on the main floor and features an ensuite bathroom complete with separate sinks -vanities. It also contains a garden tub, walk-in shower and a walk-in closet. The kitchen opens seamlessly to the family room with a cozy gas fireplace. Upstairs, you'll find three bedrooms, a Jack-and-Jill bath and a family room with plenty of room for entertaining guests of all ages. The exterior features a covered walkway to your detached 2 car garage, a nice size back yard and patio perfect for sitting. Located off Rufe Snow Drive this beautiful home is just minutes from dining, parks, and shopping. In the top-rated Keller ISD district.

Investor Tools

Property Icon
$506,000
Estimated Property Value
$484,500Estimated Mortgage Balance
$29,308Estimated Equity
4% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,060 /month
Positive
Cash Flow Estimate:
$1,020 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$707/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
N/A
$408,000
2025
$95,000
$313,000
$408,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
N/A
$408,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Waterstone Mortgage Corp
Conventional
$484,500
No
First
Jun 30, 2025
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$476,692
$29,308
5%
94%
$2,905/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,110/mo
$2,905/mo
+$205/mo
7.4%

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: Keller

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1512 Scot Ln | Property Details | No Agent List