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$1,275,000

1537 Brook Ln, Celina, TX, 75009

On MarketInfo
Just AddedInfo
Beds5 Beds
Baths5 Bath
Baths4,303 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$296.3 / sqft
Year BuiltBuilt in 2005

Property Lead Type:

Absentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 5Bedrooms 5
Bathrooms Full 5Bathrooms Full 5
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Gas Cooktop, Gas Water Heater, Microwave, Double Oven, Tankless Water Heater, Vented Exhaust Fan
FlooringCarpet, Ceramic Tile, Wood

Exterior

Private PoolPrivate Pool
Exterior FeaturesBalcony, Fire Pit, Gas Grill, Rain Gutters, Outdoor Grill, Outdoor Kitchen, Private Yard
Lot Size1 acre

Building Information

Year Built2005
Stories2
Garage Spaces4

Land Information

APNR-3206-00C-0070-1
Lot Number7
SubdivisionMorgan Lake Estates Phase One (Ccl)
Land UseResidential
Legal DescriptionMORGAN LAKE ESTATES PHASE ONE (CCL), BLK C, LOT 7
Census Tract030307
Assessed Land Value$375,000
Assessed Improvement Value$835,426
Assessment Year2025

About this property

Experience luxury, privacy, and versatility on a spectacular 1-acre lot with a pond directly behind the property, offering beautiful water views from nearly every room! An extensive tree line enhances the peaceful private setting, all just minutes from historic Downtown Celina's fabulous shopping and dining. This beautifully updated home offers a flexible floor plan with 4 bedrooms plus a study or 5 bedrooms, 5 full baths, with a private bath for each bedroom. Walls of picture windows and glass-front French doors showcase the gorgeous backyard and water views, while hardwood flooring throughout most first-floor living areas, plantation shutters, and 4 fireplaces add warmth and character. The updated kitchen features a large counter-height island, updated countertops, new backsplash and paint, double ovens, and Bosch dishwasher. Updated countertops continue throughout all baths. The primary retreat opens through French doors to the backyard and features a beautifully updated bath with new cabinetry, freestanding tub, and an oversized rainhead shower. The backyard is an entertainer's dream with a gorgeous chlorine pool and spa added in 2021, extensive covered outdoor living, built-in grill, and pool bath with shower and exterior access. A mosquito misting system runs along the back fence and patio eaves. Upstairs, a balcony accessed from the game room and a bedroom provides views of the backyard and pond. The game room also features a wet bar, microwave, and bev refrigerator. A sound system with speakers throughout the interior and pool area will remain! The study has a closet and Murphy bed, easily serving as an office, bedroom, or both. Additional features include a custom laundry room with washer and dryer included, huge walk-in attic, 3-car garage with polyaspartic flooring and backyard access, invisible pet fence, tankless water heater with recirculating pump (2020), high-efficiency inverter-driven HVAC systems (2019), and 2019 roof. NO PID or MUD taxes!

Investor Tools

$445,016Estimated Mortgage Balance
$766,363Estimated Equity
63% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$7,650 /month
Positive
Cash Flow Estimate:
$2,550 /month

Interested in this property?

Kathy Morrison

Coldwell Banker Apex, REALTORS

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$2,123/month
$275/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$19,421
$1,210,426
2025
$375,000
$835,426
$1,210,426
No

Tax History

Year
Tax Paid
Assessed Value
2025
$19,421
$1,210,426

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Rlm Mortgage Llc
Conventional
$510,400
No
First
Feb 7, 2020
Mar 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$445,016
$765,410
63%
37%
$3,061/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: Celina

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