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$349,000

NAL Estimated Property Value

198 Conveyor Drive, Joshua, TX, 76058

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,650 Sq Ft
price_per_sqft$105.45 / sqft
Year BuiltBuilt in 1971

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
AppliancesElectric Cooktop, Electric Oven, Plumbed For Ice Maker
FlooringCarpet

Building Information

Year Built1971
Garage Spaces2

Land Information

APN126.3511.00380
Lot Number5
Land UseResidential
Legal DescriptionLOT 5 BLK 5 OAK KNOLL ADDITION SEC 1
Census Tract130210
Assessed Land Value$40,000
Assessed Improvement Value$110,058
Assessment Year2025

About this property

This darling home has been well-cared for and has many of it's original features and characteristics. Upon entering you see the living area with its huge hearth and fireplace, unique curved breakfast bar and dining area. This openness extends to the elongated kitchen with tremendous storage all the way to the utility room. The bedrooms are very nice-sized and as-is the hall bath. There is a large master on-suite with full shower and tub. The lovely landscaped backyard has an extra large covered patio and is fenced.

Investor Tools

Property Icon
$349,000
Estimated Property Value
$92,683Estimated Mortgage Balance
$256,317Estimated Equity
73% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,094 /month
Positive
Cash Flow Estimate:
$698 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$242/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,159
$150,058
2025
$40,000
$110,058
$150,058
No

Tax History

Year
Tax Paid
Assessed Value
2025
$1,159
$150,058

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Rocket Mortgage Llc
Conventional
$100,000
No
First
Jun 24, 2022
Jul 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$92,683
$256,317
73%
27%
$600/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,927/mo
$600/mo
+$1,327/mo
6.6%

Learn About the Market: Opportunity in Texas

Local Market Pages
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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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198 Conveyor Drive | Property Details | No Agent List