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$742,000

NAL Estimated Property Value

1523 Grove Dr, Celina, TX, 75009

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths3,329 Sq Ft
price_per_sqft$217.78 / sqft
Year BuiltBuilt in 2014

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2.5Bathrooms Full 2.5
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesTrash Compactor, Dishwasher, Disposal, Gas Cooktop, Gas Water Heater, Microwave, Double Oven
FlooringCarpet, Ceramic Tile, Wood

Exterior

Exterior FeaturesLighting, Outdoor Kitchen, Outdoor Grill, Garden
Lot Size8,031 sqft

Building Information

Year Built2014
Stories2
Garage Spaces2

Land Information

APNR-10402-00F-0110-1
Lot Number11
SubdivisionLight Farms Phase One (Gcn)
Land UseResidential
Legal DescriptionLIGHT FARMS PHASE ONE (GCN), BLK F, LOT 11
Census Tract030306
Assessed Land Value$227,500
Assessed Improvement Value$510,629
Assessment Year2025

About this property

Meticulously upgraded and lovingly maintained, this greenbelt retreat captures rare creek-side serenity in the amenity-rich, resort-style enclave of Light Farms. Wake to birdsong, unwind beneath molten sunsets, and entertain in an enchanted backyard where a private herb garden, mature landscaping, and sweeping open greenbelt views create a sense of timeless escape. Inside, walls of windows bathe the interiors in natural light, illuminating hand-scraped hardwoods, soaring ceilings, and refined finishes—each paired with discreet, forward-thinking upgrades for effortless living. The main level unfolds with remarkable flexibility, offering a private office or formal dining space behind 8’ glass-panel doors, a guest room or 2nd office and and breathtaking master with ensuite. Anchoring the home, the gourmet kitchen pairs granite countertops with an oversized island, beverage station, gas cooktop, butler’s pantry, and trash compactor—flowing seamlessly into the living area where a gas fireplace and tranquil greenbelt views set an inviting tone. Upstairs, cinematic evenings await in the dedicated media room, while an expansive game room invites gathering. Outdoors, a hard-to-find backyard oasis showcases a custom flagstone patio, XXL cedar pergola with fans and roll-down screens, and a fully equipped outdoor kitchen—pre-wired with reinforced slab for a future hot tub. Additional luxuries include EV charging, epoxy-floored 3-car tandem garage with climate control, whole-home water filtration with UV, and smart irrigation. This home thoughtfully upgraded to make living beautiful and seamless. Set within highly rated Prosper ISD, Light Farms offers pools, trails, tennis, pickleball, a swim lake, fitness amenities, on-site schools, dining, community events and more. 1523 Grove is where elevated living meets nature. Welcome home!

Investor Tools

Property Icon
$742,000
Estimated Property Value
$284,621Estimated Mortgage Balance
$457,379Estimated Equity
61% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,452 /month
Positive
Cash Flow Estimate:
$1,484 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$658/month
$125/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,180
$738,129
2025
$227,500
$510,629
$738,129
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,180
$738,129

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Quicken Loans Inc
Va
$322,343
Yes
First
May 21, 2020
Jun 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$284,621
$457,379
61%
38%
$1,933/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,480/mo
$2,058/mo
+$1,422/mo
5.6%

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: Celina

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1523 Grove Dr | Property Details | No Agent List