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$297,665

200 Martingale Dr, Oak Point, TX, 75068

Off MarketInfo
Baths0 Bath
Unimproved LandUnimproved Land

Highlights

Interior

Bathrooms 0Bathrooms 0

Exterior

Lot Size1.95 acres

Land Information

APNR272182
Lot Number1
SubdivisionHunters Ridge Est
Land UsePublic Works
Legal DescriptionHUNTERS RIDGE EST BLK A LOT 1(PT)
Census Tract020115
Assessed Land Value$297,665
Assessment Year2025

About this property

Large 1.95 Acre corner lot located in popular Hunters Ridge Estates. All 1.95 Acres is available to build your dream home with plenty of room for outdoor activities. Use your own builder or the Seller will build it for you. At $256K per buildable Acre, this property is priced well below others in the vicinity. Water may be available from the City. Septic required. Conveniently located with easy access to TX-380 and just a few minutes from Lake Lewisville. Denton CAD indicates address is 200 Martingale Road. It is actually 200 Martingale Trail.

Investor Tools

Property Icon
$297,665
Estimated Property Value
$242,500Estimated Mortgage Balance
$56,031Estimated Equity
19% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,694 /month
Positive
Cash Flow Estimate:
$898 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$576/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,423
$297,665
2025
$297,665
N/A
$297,665
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,423
$297,665

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Ciera Bank
Arm (Adjustable Rate Mortgage)
$242,500
No
First
Dec 29, 2025
Dec 2028

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$241,634
$56,031
18%
81%
$1,738/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: Oak Point

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