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$315,151

NAL Estimated Property Value

1640 Vernon Dr, Aubrey, TX, 76227

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,427 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$227.75 / sqft
Year BuiltBuilt in 2018

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Cooktop, Microwave

Exterior

Lot Size6,499 sqft

Building Information

Year Built2018
Stories1
Roof Type105
Garage Spaces2

Land Information

APNR707790
Lot Number10
SubdivisionWinn Ridge Phase 1a
Land UseResidential
Legal DescriptionWINN RIDGE PHASE 1A BLK K LOT 10
Census Tract020123
Assessed Land Value$91,014
Assessed Improvement Value$224,137
Assessment Year2025

About this property

Welcome to this charming 3-bedroom house with a spacious back yard for family time and entertaining. The heart of the house is the open-concept living area, bathed in natural light, creating an inviting atmosphere for relaxation or entertainment. The kitchen boasts modern appliances, ample counter space, and a convenient layout that makes cooking a joy. The kitchen has STAINLESS appliances, stylish QUARTZ countertops, modern colors and finishes, and an upgraded dining room fixture. The backyard has a full sprinkler system, paver and brick patio to sit back and enjoy a BBQ with friends and family. The neighborhood includes a large community pool, sports fields, splash park area and walking trails.

Investor Tools

Property Icon
$315,151
Estimated Property Value
$281,603Estimated Mortgage Balance
$33,548Estimated Equity
10% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,950 /month
Positive
Cash Flow Estimate:
$650 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$705/month
$540/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,880
$315,151
2025
$91,014
$224,137
$315,151
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,880
$315,151

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
United Wholesale Mortgage
Conventional
$294,500
No
First
Dec 8, 2023
Jan 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$281,603
$33,548
10%
89%
$1,766/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,820/mo
$2,306/mo
+$514/mo
10.7%

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: Aubrey

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1640 Vernon Dr | Property Details | No Agent List