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$445,000

1609 Stetson Street, Northlake, TX, 76247

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,887 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$154.14 / sqft
Year BuiltBuilt in 2021

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesBuilt-In Gas Range, Dishwasher, Disposal, Gas Water Heater, Microwave, Tankless Water Heater, Vented Exhaust Fan
FlooringVinyl

Exterior

Lot Size5,837 sqft

Building Information

Year Built2021
Stories2
Roof Type105
Garage Spaces2

Land Information

APNR974612
Lot Number9
SubdivisionPecan Square Phase 2b-2
Land UseResidential
Legal DescriptionPECAN SQUARE PHASE 2B-2 BLK 2Z LOT 9
Census Tract020314
Assessed Land Value$102,148
Assessed Improvement Value$421,278
Assessment Year2025

About this property

Beautifully maintained and move-in ready, this 4-bedroom, 3-bath home offers 2,887 square feet of well-designed living space in a highly desirable setting. Situated directly across from a creek, the property enjoys no direct neighbors in front, creating a unique sense of privacy and open views. The home features a functional and flexible layout with a dedicated dining area, spacious living room, and an upstairs retreat complete with a game room, additional bedroom, and full bath—ideal for guests or multi-generational living. Recent improvements include a new roof installed in 2024 and a newly built deck, providing an excellent space for outdoor enjoyment and entertaining. The interior offers generous storage throughout, including ample closet space. A well-cared-for home with thoughtful updates and a versatile floor plan, conveniently located within the Pecan Square community.

Investor Tools

Property Icon
$479,995
Estimated Property Value
$0Estimated Mortgage Balance
$0Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,880 /month
Positive
Cash Flow Estimate:
$960 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$859/month
$1,130/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,904
$479,995
2025
$102,148
$421,278
$523,426
No

Tax History

Year
Tax Paid
Assessed Value
2025
$7,904
$479,995

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Finance Of America Reverse Llc
Reverse Mortgage / Hecm
$706,500
No
First
Aug 26, 2022
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$657,168
N/A
0%
137%
$4,236/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,120/mo
$5,366/mo
$-2,246/mo
7.8%

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: Northlake

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