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$2,255,741

NAL Estimated Property Value

1604 Sherburne Drive, Keller, TX, 76262

Off MarketInfo
Baths0 Bath
Baths5,717 Sq Ft
Unimproved LandUnimproved Land

Highlights

Interior

Bathrooms 0Bathrooms 0

Exterior

Lot Size1.05 acres

Building Information

Year Built2022

Land Information

APN24691-B-21R1
Lot Number21R1
SubdivisionManors At Waterford, The
Land UseResidential
Legal DescriptionMANORS AT WATERFORD, THE BLOCK B LOT 21R1
Census Tract113954
Assessed Land Value$410,000
Assessed Improvement Value$1,845,741
Assessment Year2025

About this property

1.05 ac. Lot-Custom Build with Providential Custom Homes. in Manors of Waterford but NO HOA on this lot. Model is located at 204 Winnie Dr. Colleyville, TX 76034 For information contact Sales Rep. Christi Lee

Investor Tools

Property Icon
$2,255,741
Estimated Property Value
$753,013Estimated Mortgage Balance
$1,502,728Estimated Equity
66% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$13,534 /month
Positive
Cash Flow Estimate:
$4,511 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$4,093/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$37,832
$2,255,741
2025
$410,000
$1,845,741
$2,255,741
No

Tax History

Year
Tax Paid
Assessed Value
2024
$37,832
$2,255,741

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
First National Bank
Building Or Construction Loan
$1,238
No
First
Mar 31, 2022
Mar 2023

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$753,013
$1,502,728
66%
33%
$4,496/mo

Learn About the Market: Opportunity in Texas

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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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1604 Sherburne Drive | Property Details | No Agent List