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$310,720

NAL Estimated Property Value

1612 Degnen Ln, Providence Village, TX, 76227

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,971 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$164.84 / sqft
Year BuiltBuilt in 2006

Property Lead Type:

BankruptcyOff-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Gas Cooktop, Microwave
FlooringCarpet, Ceramic Tile, Laminate

Exterior

Lot Size5,602 sqft

Building Information

Year Built2006
Stories1
Roof Type105
Garage Spaces2

Land Information

APNR283280
Lot Number13
SubdivisionIsland Village At Providence
Land UseResidential
Legal DescriptionISLAND VILLAGE AT PROVIDENCE BLK D LOT 13
Census Tract020121
Assessed Land Value$81,200
Assessed Improvement Value$229,520
Assessment Year2025

About this property

This charming Victorian-style cottage features a Southern porch and recent upgrades including new exterior and interior paint, fresh landscaping, and durable siding for the window and wood trim. Inside, you’ll find granite countertops, a stone fireplace, an island kitchen with a gas range, and carpet-free common areas. The home offers an office, a formal dining area, and thoughtful lighting and design throughout. Located in the highly sought-after Aubrey ISD and minutes from highways 380, and I-35, this home is conveniently near Lake Lewisville, shopping (Walmart), schools, restaurants, a nearby golf course, and a local winery. The community is packed with amenities, including multiple pools, a waterpark, numerous parks, walking trails, a private lake perfect for fishing, and a park just down the street. The HOA offers all of this at a very reasonable price. YouTube walkthrough video available called Victorian-style home with Southern charm 3 beds 2 baths Aubrey, TX.

Investor Tools

Property Icon
$310,720
Estimated Property Value
$300,170Estimated Mortgage Balance
$10,550Estimated Equity
3% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,949 /month
Positive
Cash Flow Estimate:
$650 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$695/month
$360/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,788
$310,720
2025
$81,200
$229,520
$310,720
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,788
$310,720

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Rocket Mortgage Llc
Conventional
$305,550
No
First
May 12, 2025
Jun 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$300,170
$10,550
3%
97%
$1,832/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,820/mo
$2,192/mo
+$628/mo
10.9%

City: Providence Village

1612 Degnen Ln | Property Details | No Agent List