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$293,820

NAL Estimated Property Value

167 Mockingbird Way, Caddo Mills, TX, 75135

$326,373 ARVInfo
Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths2,017 Sq Ft
price_per_sqft$143.28 / sqft
Year BuiltBuilt in 2020

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Half 2Bathrooms Half 2
Garage AvailableGarage Available
AppliancesDishwasher, Disposal, Electric Cooktop, Gas Range, Gas Water Heater, Microwave
FlooringCarpet, Ceramic Tile, Laminate

Exterior

Lot Size6,499 sqft

Building Information

Year Built2020
Stories1
Garage Spaces3

Land Information

APN5251-000A-0330-14
Lot Number33
SubdivisionTrailstone Ph 1
Land UseResidential
Legal DescriptionS5251 TRAILSTONE PH 1 BLK A LOT 33 ACRES .1492
Census Tract961401
Assessed Land Value$45,820
Assessed Improvement Value$248,000
Assessment Year2025

About this property

Welcome home! Perfectly positioned within the Trailstone neighborhood, this property backs to a serene 108 acre pasture with no current plans for development, offering rare privacy and peaceful views you won’t find in most new construction. This home features one of the largest single story, 4 bedroom floor plans in Trailstone and is being offered at an exceptional value. The spacious, open-concept layout is anchored by a huge kitchen designed to impress, featuring an enormous island, abundant cabinetry, and extensive countertop space, ideal for entertaining, meal prep, and everyday living. This kitchen truly serves as the heart of the home. The thoughtfully designed floor plan offers a generous living area, an oversized master suite, and well sized guest bedrooms with excellent flow throughout. Step outside to an incredible backyard retreat, complete with an extended patio and a custom built pergola; upgrades you simply can’t get with today’s new builds! Whether you’re hosting friends or enjoying a quiet evening, this outdoor space is truly special. Located within walking distance to the community park and pool, this home delivers an unbeatable combination of premium lot, expansive floor plan, standout kitchen, and outdoor living, all at a great price! Schedule your tour today, because this one is a true gem that will not last long!

Investor Tools

Property Icon
$293,820
Estimated Property Value
$164,787Estimated Mortgage Balance
$129,033Estimated Equity
43% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$326,372
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,763 /month
Positive
Cash Flow Estimate:
$588 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$666/month
$530/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,519
$293,820
2025
$45,820
$248,000
$293,820
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,519
$293,820

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Dhi Mortgage Company Ltd
Conventional
$183,992
No
First
Dec 29, 2020
Jan 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$164,787
$129,033
43%
56%
$1,104/mo

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: Caddo Mills

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167 Mockingbird Way | Property Details | No Agent List