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$691,000

NAL Estimated Property Value

1662 Governors Blvd, Heath, TX, 75032

Off MarketInfo
Beds2 Beds
Baths3 Bath
Baths2,346 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$296.25 / sqft
Year BuiltBuilt in 2024

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 3Bathrooms Full 3
Garage AvailableGarage Available
AppliancesBuilt-In Gas Range, Dishwasher, Disposal, Gas Cooktop, Microwave, Double Oven
FlooringCarpet, Ceramic Tile, Hardwood

Exterior

Private PoolPrivate Pool
Exterior FeaturesRain Gutters, Private Yard, Tennis Court(s)
Lot Size4,504 sqft

Building Information

Year Built2023
Stories1
Roof Type105
Garage Spaces2

Land Information

APN00.1419.0003.0015.00.97.97
Lot Number15R
SubdivisionHeath Golf & Yacht Club Ph 3 Tr 16
Land UseResidential Inventory W/ Improvement Value
Legal DescriptionHEATH GOLF & YACHT CLUB PH 3 TR 16, BLOCK C, LOT 15R; (REPLAT 4/95) (REPLAT 4/95)
Census Tract050207
Assessed Land Value$50,000
Assessed Improvement Value$447,400
Assessment Year2025

About this property

ASK ABOUT CURRENT BUILDER INCENTIVES! Exquisite Custom Townhome Overlooking Golf Course in a Premier Lakefront Community. Discover unparalleled luxury and modern living in this brand-new, custom-built townhome nestled in a prestigious lakefront community on the shores of Lake Ray Hubbard. Spanning 2,000 square feet, this meticulously crafted 2-bedroom, 2.5-bath residence offers a perfect blend of elegance, comfort, and sophistication. Step inside to soaring vaulted ceilings and an open-concept floor plan designed to maximize natural light and space. The heart of the home features a stunning cast stone fireplace that adds warmth and grandeur, perfectly complementing the custom cabinetry throughout. Designer lighting enhances the ambiance, while large picture-frame windows frame breathtaking views of a serene golf course putting green, offering a peaceful retreat right outside your door. The gourmet kitchen flows seamlessly into the living and dining areas, creating an ideal space for entertaining. With premium finishes and thoughtful design, every detail reflects luxury and comfort. The two spacious bedrooms offer privacy and relaxation, with spa-inspired bathrooms that feature high-end fixtures and materials. Beyond the home, this exclusive community provides an unmatched lifestyle. Enjoy world-class amenities, including access to golf, tennis courts, swimming, and yachting. The community clubhouse offers a restaurant, fitness center, and gathering spaces, making it easy to connect and unwind. Perfectly situated on Lake Ray Hubbard, residents have direct access to the water for boating and lakeside adventures. Whether you’re enjoying a quiet evening at home, hitting the links, or indulging in the vibrant social scene, this townhome delivers an extraordinary living experience. Don’t miss the opportunity to own this remarkable home—schedule your private tour today and start living the lifestyle you deserve!

Investor Tools

Property Icon
$691,000
Estimated Property Value
$0Estimated Mortgage Balance
$691,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,170 /month
Positive
Cash Flow Estimate:
$1,390 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$384/month
$250/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,152
$497,400
2025
$50,000
$447,400
$497,400
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,152
$497,400

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$691,000
100%
0%
$0/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: Heath

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1662 Governors Blvd | Property Details | No Agent List