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$534,000

NAL Estimated Property Value

20 Lee Dr, Heath, TX, 75032

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,304 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$173.18 / sqft
Year BuiltBuilt in 1980

Property Lead Type:

Off-Market ListHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
CoolingCooling
AppliancesDishwasher, Disposal, Electric Oven, Electric Range, Microwave
FlooringHardwood, Tile

Exterior

Lot Size38,899 sqft

Building Information

Year Built1980
Stories1

Land Information

APN4080-000B-0014-00-0R
Lot Number14
SubdivisionK K #1
Land UseResidential
Legal DescriptionK & K #1, BLOCK B, LOT 14
Census Tract040511
Assessed Land Value$204,750
Assessed Improvement Value$253,266
Assessment Year2025

About this property

Large ONE-STORY Home with NEW ROOF (April 2025) * WORKSHOP with ELECTRIC * 4 BEDROOMS * 3 FULL BATHS * Nearly ONE ACRE * NO HOA *** Looking for space, modern updates, and a country feel in the heart of Heath? Welcome to this beautifully updated 4-bedroom, 3-bath home offering flexibility, functionality, and charm both inside and out. Pull up to incredible curb appeal, then step inside to an open-concept living, dining, and kitchen area with gleaming hardwood floors and abundant natural light. The kitchen features HIGH-END UPDATES including STAINLESS STEEL appliances, QUARTZ countertops, a clean neutral backsplash, and slate tile flooring. The private primary suite—added by the current owners—is a true retreat with a sitting area, spa-inspired bath, SOAKING TUB, oversized WALK-IN SHOWER, dual vanities, and a HUGE walk-in closet. Spacious secondary bedrooms are thoughtfully separated from the primary suite, including one with an en suite bath that’s ideal for guests or multi-generational living. Outside, enjoy the expansive backyard complete with an open patio, fire pit area, and room to spread out and enjoy the outdoors. The detached WORKSHOP WITH ELECTRIC was designed to complement the home and offers endless flexibility for a home office, hobby space, gym, playroom, studio, or additional storage. Additional major updates include a COMPLETE HVAC REPLACEMENT by the current owners. Properties offering this much land, this many updates, a versatile workshop, and NO HOA are increasingly hard to find in Heath. Schedule your private showing today!

Investor Tools

Property Icon
$534,000
Estimated Property Value
$335,506Estimated Mortgage Balance
$198,494Estimated Equity
37% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,204 /month
Positive
Cash Flow Estimate:
$1,068 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$609/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,639
$458,016
2025
$204,750
$253,266
$458,016
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,639
$458,016

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Sfmc Lp
Conventional
$319,500
No
First
Apr 5, 2021
May 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$335,506
$198,494
37%
63%
$2,216/mo

City: Heath

20 Lee Dr | Property Details | No Agent List