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$3,649,000

1604 Balboa Pl, Celina, TX, 75009

$4,324,124 ARVInfo
On MarketInfo
Just AddedInfo
Beds5 Beds
Baths5 Bath
Baths7,983 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$457.1 / sqft
Year BuiltBuilt in 2022

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 5Bedrooms 5
Bathrooms Full 5.5Bathrooms Full 5.5
AppliancesRefrigerator, Water Purifier, Built-In Gas Range, Built-In Refrigerator, Dishwasher, Disposal, Dryer, Gas Oven, Gas Range, Gas Water Heater, Ice Maker, Microwave, Convection Oven, Double Oven, Tankless Water Heater, Vented Exhaust Fan, Water Softener, Wine Cooler
FlooringCarpet, Hardwood, Tile

Exterior

Private PoolPrivate Pool
Exterior FeaturesBarbecue, Built-in Barbecue, Courtyard, Fire Pit, Gas Grill, Rain Gutters, Outdoor Grill, Private Yard
Lot Size1.10 acres

Building Information

Year Built2021
Stories2
Garage Spaces7

Land Information

APNR-11788-001-0070-1
Lot Number7
SubdivisionCarter Landing (Gcn)
Land UseResidential
Legal DescriptionCARTER LANDING (GCN), BLK 1, LOT 7
Census Tract030307
Assessed Land Value$300,000
Assessed Improvement Value$1,471,879
Assessment Year2025

About this property

Set on a 1-acre corner lot in Carter Landing, this custom estate offers a rare combination of primarily single-level living, resort-style outdoor amenities, a private 1,083-square-foot casita, and garage space for up to 7 vehicles. The 6,900-square-foot main residence features five bedrooms with the majority of the living spaces on the first floor, plus a kids retreat with bunk room upstairs. The backyard is designed for year-round entertaining with an infinity-edge heated pool and spa, water and fire features, tanning deck, fully equipped outdoor kitchen, low-maintenance turf, and unobstructed sunset views. Inside, a dramatic foyer opens to custom millwork, designer lighting, vaulted ceilings, wood beams, built-ins, an architectural stone fireplace, and expansive glass doors connecting the interior to the outdoor living spaces. The kitchen features an oversized island, walk-through pantry, dedicated kitchenette and entertaining bar, built-in espresso machine, and wine cooler. The primary suite includes a spa-inspired bath and generous walk-in closet with island storage. Additional highlights include a dedicated study with custom cabinetry and hidden room, home theater with secret game room, Control4 home automation, motorized shades, a whole-home generator, and water filtration and softener system. The separate 1,083-square-foot casita includes a full kitchen, living area, bedroom, bath, and laundry, ideal for guests or extended family. A four-car garage is attached to the main residence, while the oversized RV and boat garage provides space for up to three additional vehicles, creating up to seven-car garage capacity. A rare opportunity to enjoy acreage, privacy, flexible living, and exceptional indoor-outdoor amenities.

Investor Tools

$1,348,770Estimated Mortgage Balance
$423,109Estimated Equity
23% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$4,324,123
Rent-to-Value Ratio: 0.72%
Rent Estimate
$21,894 /month
Positive
Cash Flow Estimate:
$7,298 /month

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The Agency Frisco

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$2,730/month
$1,800/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$23,898
$1,771,879
2025
$300,000
$1,471,879
$1,771,879
No

Tax History

Year
Tax Paid
Assessed Value
2024
$23,898
$1,771,879

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
First United Bank & Trust Co
Conventional
$1,500,000
No
First
May 21, 2021
Jun 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$1,348,770
$423,109
23%
76%
$8,994/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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1604 Balboa Pl | Property Details | No Agent List