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$624,900

16875 Cardinal Lane, Troup, TX, 75789

Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths2,557 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$244.39 / sqft
Year BuiltBuilt in 1984

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Electric Cooktop, Electric Range, Microwave
FlooringCarpet, Vinyl

Exterior

Exterior FeaturesBalcony

Building Information

Year Built1975
Stories1
Roof Type105
Garage Spaces1

Land Information

APN1-80260-0000-00-299000
Lot Number299
SubdivisionEast Shores Estates
Land UseResidential
Legal DescriptionEAST SHORES ESTATES LOT 299
Census Tract002102
Assessed Land Value$208,458
Assessed Improvement Value$577,893
Assessment Year2025

About this property

1984 4,2,2 Custom. Kitchen features abundant maple cabinets, Breakfast Bar, DW, MW, Elect oven cooktop. Off the Dining area is a lrg Laundry. MBR is downstairs and joins 2 bonus rooms; an indoor Hot Tub, an Office. Family has Brick surround WBFP, built-ins, and lrg windows with amazing view of Lake Tyler East. Upstairs are 3 Guest BRs and Bath. 2 BRs walk out on the balcony that faces the lake. Lush green yard, flowers, a 37' pad for RV, and 263' of waterfront. Boathouse includes 2 boat stalls. Irrigation is for 6 zones and pulls from the lake. Extra long 2 car Garage has work area Roof was replaced in 2015. Minutes from Whitehouse, 15 mins to I20 whether you're heading to Dallas or Shreveport.

Investor Tools

Property Icon
$786,351
Estimated Property Value
$0Estimated Mortgage Balance
$328,969Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,718 /month
Positive
Cash Flow Estimate:
$1,573 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$811/month
$75/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,797
$786,351
2025
$208,458
$577,893
$786,351
No

Tax History

Year
Tax Paid
Assessed Value
2025
$5,797
$786,351

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Rocket Mortgage Llc
Conventional
$499,920
No
First
Nov 5, 2021
Dec 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$457,382
$328,969
41%
58%
$2,998/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,700/mo
$3,073/mo
$-1,373/mo
2.6%

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: Troup

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16875 Cardinal Lane | Property Details | No Agent List