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$520,000

NAL Estimated Property Value

1812 Leo Drive, Van Alstyne, TX, 75495

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths2,308 Sq Ft
price_per_sqft$207.97 / sqft
Year BuiltBuilt in 2023

Property Lead Type:

Absentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 2Bathrooms 2
Garage AvailableGarage Available
AppliancesDishwasher, Disposal, Electric Oven, Gas Cooktop, Microwave, Tankless Water Heater, Vented Exhaust Fan, Other
FlooringVinyl

Exterior

Exterior FeaturesRain Gutters
Lot Size7,057 sqft

Building Information

Year Built2022
Garage Spaces2

Land Information

APN312 7991049
Lot Number28
SubdivisionMantua Point Phase 1
Land UseResidential
Legal DescriptionMANTUA POINT PHASE 1, BLOCK B, LOT 28, ACRES .162
Census Tract001803
Assessed Land Value$101,193
Assessed Improvement Value$359,356
Assessment Year2025

About this property

Discover exceptional comfort and style in this single-story home ideally located in the sought-after master-planned community of Mantua. Offering 3 bedrooms, 2 full bathrooms, and a private study with 8-foot French doors, an oversized 3-car tandem garage with commercial grade polyaspartic floor coating, and covered front porch and patio. The open-concept floorplan welcomes you with a dramatic foyer that flows into a gourmet kitchen featuring a large angled quartz island, chef-inspired 5-burner gas cooktop, specialty cabinetry, convection wall oven, and a walk-in pantry. The living room is anchored by a stone fireplace, creating a warm gathering space. The spacious private owner's retreat offers a large bath with dual quartz vanities, glass-enclosed shower, and oversized walk-in closet. Designer finishes include luxury flooring, soaring 10-foot ceilings, 8-foot doors, Moen fixtures, Kichler lighting, dimmer switches, and tilt to clean windows with blinds throughout. Energy efficiency includes GE appliances, tankless hot water heater, Trane HVAC Fresh-Aire UV-LED purification system. Attic enhancements include aluminum ladder, additional flooring, insulation and lighting. Outside, xeriscaping rain sensors and drip irrigation supports the Zoysia grass in the front and sides, and Bermuda in the huge backyard (56' x 25'). This meticulously maintained home is move-in ready and has transferable warranties. Residents enjoy a golf cart friendly neighborhood, resort-style pool at the Veranda, playgrounds, basketball court, and walking trails. Three minutes from new Van Alstyne HS. Mantua's onsite Elementary School is opening soon. A Kroger strip is in progress at the corner of Rosamond Pkwy and 75.

Investor Tools

Property Icon
$520,000
Estimated Property Value
$351,621Estimated Mortgage Balance
$168,379Estimated Equity
32% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,120 /month
Positive
Cash Flow Estimate:
$1,040 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,102/month
$243/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$10,622
$460,549
2025
$101,193
$359,356
$460,549
No

Tax History

Year
Tax Paid
Assessed Value
2024
$10,622
$460,549

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
American Financial Network Inc
Conventional
$376,000
No
First
Jan 26, 2023
Feb 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$351,621
$168,379
32%
68%
$2,255/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: Van Alstyne

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