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$848,000

192 Lorene Dr, Van Alstyne, TX, 75495

Off MarketInfo
Beds4 Beds
Baths4 Bath
Baths3,439 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$225.33 / sqft
Year BuiltBuilt in 2020

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 4Bathrooms Full 4
Garage AvailableGarage Available
AppliancesDishwasher, Disposal, Electric Cooktop, Electric Oven, Electric Range, Microwave, Double Oven, Vented Exhaust Fan
FlooringCarpet, Ceramic Tile

Exterior

Exterior FeaturesRain Gutters, Lighting
Lot Size1.01 acres

Building Information

Year Built2020
Garage Spaces3

Land Information

APN288 7867004
Lot Number4
SubdivisionSaddlewood Estates Phase 1
Land UseResidential
Legal DescriptionSADDLEWOOD ESTATES PHASE 1, LOT 4, ACRES 1.006
Census Tract001803
Assessed Land Value$186,351
Assessed Improvement Value$630,939
Assessment Year2025

About this property

Enjoy tranquil country living in this gorgeous single story home that sits on an acre located in Saddlewood Estates. The brick & stone elevation is stunning. The property is fully sodded with a sprinkler system. This home is great for entertaining with its large, bright & open floor plan. Vaulted ceilings are in the family room & master bedroom & both have beams. It boasts a great guest bedroom with en suite bathroom that has plenty of privacy along with 2 additional bedrooms & large office. The kitchen has custom cabinetry, a HUGE island, pot filler & spice rack. There is a hidden room behind the bookshelf in the family room. High end finishes throughout the home make it warm and inviting. Sellers have added plantations shutters & drapery throughout the home, hardwoods in the master, double oven, farm sink, custom cargo wood shelves in family room & breakfast nook. The large covered back patio has two ceiling fans & privacy plank fencing. Buyer to confirm all measurements & schools.

Investor Tools

Property Icon
$848,000
Estimated Property Value
$465,000Estimated Mortgage Balance
$410,093Estimated Equity
45% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$5,088 /month
Positive
Cash Flow Estimate:
$1,696 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,301/month
$100/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$11,372
$817,290
2025
$186,351
$630,939
$817,290
No

Tax History

Year
Tax Paid
Assessed Value
2024
$11,372
$817,290

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Rocket Mortgage Llc
Conventional
$465,000
No
First
Mar 1, 2023
Mar 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$437,907
$410,093
48%
52%
$2,788/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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192 Lorene Dr | Property Details | No Agent List