1view

Owner Contacts

$408,772

NAL Estimated Property Value

1533 Wolfberry Ln, Northlake, TX, 76226

Off Market

3 Beds

2 Bath

1,715 Sq Ft

Single Family Residence

$250.67 / sqft

Built in 2019

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3

Bathrooms Full 2

Indoor Fireplace

Garage Available

Heating Central

Cooling

AppliancesDishwasher, Disposal, Gas Cooktop

FlooringCarpet, Ceramic Tile, Hardwood

Exterior

Exterior FeaturesRain Gutters

Lot Size7,309 sqft

Building Information

Year Built2019

Stories1

Roof Type105

Garage Spaces2

Land Information

APNR746636

Lot Number1

SubdivisionCanyon Falls Pennington Phase One

Land UseResidential

Legal DescriptionCANYON FALLS PENNINGTON PHASE ONE BLK B LOT 1

Census Tract020317

Assessed Land Value$98,098

Assessed Improvement Value$313,815

Assessment Year2025

About this property

Located in the amenity rich community of Canyon Falls and zoned to Northwest ISD Schools, this 1-story KHovnanian built home is situated on a premium oversized corner lot boasting beautiful curb appeal with front stone elevation & custom flowerbed edging. Interior impresses with hardwood flooring throughout all main living areas with an open concept floorplan showcasing a decorative fireplace with modern mantle. Light & Bright Kitchen with an oversized quartz island features gas cooktop, SS appliances, stone subway backsplash, shaker cabinetry with pulls and an eat-in kitchen with farmhouse wood chandelier. Primary suite impresses with extended shower, quartz double sinks, generous walk-in closet & hardwood flooring. Extended covered patio addition is perfect for enjoying those iconic Texas sunsets. HOA includes:Front Yard Care, Cable, Internet, Gym, Pools, Parks, Splash Pad, Dog Park, Clubhouse, Trails & Ponds! Quick Access to I-35W,TX-114, Downtown Roanoke & the Heart of Flower Mound

Investor Tools

$408,772

Estimated Property Value

$243,332Estimated Mortgage Balance

$165,440Estimated Equity

40% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$2,579 /month

Positive

Cash Flow Estimate:

$860 /month

Interested in this property?

Run an Owner Lookup!

Unlock Owner Contacts

Want alerts when something changes with this property?

Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$714/month

$220/month

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$6,526

$408,772

2025

$98,098

$313,815

$411,913

Tax History

Year

Tax Paid

Assessed Value

2024

$6,526

$408,772

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Thrive Mortgage Llc

Conventional

$257,940

First

Apr 4, 2023

May 2038

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$243,332

$165,440

40%

60%

$1,547/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$2,960/mo

$1,767/mo

+$1,193/mo

8.7%

Learn About the Market: Opportunity in Texas

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 This Area