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$510,000

NAL Estimated Property Value

1816 Caddo Peak Rd, Joshua, TX, 76058

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,030 Sq Ft
price_per_sqft$246.06 / sqft
Year BuiltBuilt in 1980

Property Lead Type:

Absentee OwnerHigh EquityCash BuyersMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Bathrooms Half 1Bathrooms Half 1
AppliancesDishwasher, Disposal, Electric Oven, Electric Range, Electric Water Heater, Microwave
FlooringCarpet, Ceramic Tile, Tile

Exterior

Exterior FeaturesAwning(s), Lighting, Private Entrance, RV Hookup, Storage
Lot Size2.67 acres

Building Information

Year Built1980
Garage Spaces2

Land Information

APN126.0366.00130
Land UseResidential
Legal DescriptionABST 366 TR 10A E M HEATH
Census Tract130214
Assessed Land Value$133,450
Assessed Improvement Value$255,076
Assessment Year2025

About this property

OFFERING $5,000 TOWARD BUYER CLOSING COSTS—NO RESTRICTIONS! PRICED UNDER APPRAISED VALUE! Enjoy the freedom of country living outside city limits with lower taxes on this private, gated, & fully fenced 2.7-acre property. Located just minutes from Chisholm Trail, you'll enjoy peaceful surroundings with the convenience of an easy commute into Fort Worth. Perfect for horses, chickens, livestock, RVs, and hobbies, the property features separate fenced enclosures for animals, a large covered RV parking area, a 28x23 workshop with electricity, mature trees, and plenty of usable acreage for equipment, projects, or future additions. Step inside and you'll immediately feel at home. This cozy, inviting property offers a comfortable layout designed for everyday living. The oversized living room is anchored by a stunning rock Heatilator wood-burning fireplace, while new skylights installed in 2024 fill the home with beautiful natural light. The spacious glass-enclosed sunroom overlooks the peaceful backyard, providing the perfect place to enjoy your morning coffee. The home offers 4 bedrooms and 2.5 bathrooms, including a versatile bedroom currently used as an office. The kitchen was remodeled in 2022 with updated appliances, freshly painted cabinetry & an open, functional layout that flows seamlessly into the main living area. The secondary bathroom has also been tastefully updated with a spacious walk-in shower, updated countertops, and fresh paint. Major updates provide peace of mind, including a 2022 roof and windows with transferable warranties, new water heater, new electrical panel box, repaved driveway completed in 2024. Located within highly rated Joshua ISD, this move-in-ready property offers the perfect blend of privacy, acreage, and country charm. Whether you're looking for room to raise animals, start a business, entertain, or simply enjoy the peaceful setting, this rare property truly has it all. Be sure to review the extensive list of upgrades completed!

Investor Tools

Property Icon
$510,000
Estimated Property Value
$0Estimated Mortgage Balance
$510,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,060 /month
Positive
Cash Flow Estimate:
$1,020 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$294/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$976
$388,526
2025
$133,450
$255,076
$388,526
No

Tax History

Year
Tax Paid
Assessed Value
2025
$976
$388,526

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$510,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,927/mo
N/A
+$1,927/mo
4.5%

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: Joshua

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1816 Caddo Peak Rd | Property Details | No Agent List