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$1,034,000

NAL Estimated Property Value

2005 Meadowlark Ct, Aledo, TX, 76008

$1,344,200 ARVInfo
Off MarketInfo
Baths0 Bath
Baths4,213 Sq Ft
Unimproved LandUnimproved Land
price_per_sqft$245.43 / sqft

Highlights

Interior

Bathrooms 0Bathrooms 0
Garage AvailableGarage Available

Exterior

Lot Size2.14 acres

Building Information

Garage Spaces784

Land Information

APN18335-001-001-00
Lot Number1
Land UseResidential Single Family
Legal DescriptionACRES: 2.135 LOT: 1 SUBD: THE GRASSLANDS ADDITION F-349
Assessed Land Value$234,850
Assessed Improvement Value$286,550
Assessment Year2025

About this property

Welcome to The Grasslands! This is Aledo's newest boutique new build community offering only 17 lots, each starting at a minimum of 2 acres. Find your favorite lot, then bring your own builder and build the home you've always wanted! This gated neighborhood with its natural, serene landscape will be a wonderful place to call home. Residing in Aledo ISD and just a short drive to the center of Aledo's charming Downtown, this premier development is zoned to Vandagriff Elementary and is in close proximity to the Aledo ISD Early Childhood Academy. Architectural and HOA guidelines apply and an FAQ sheet is available. Take a tour, walk the dirt and find the lot that will make your new home dreams come true!

Investor Tools

Property Icon
$1,034,000
Estimated Property Value
$910,590Estimated Mortgage Balance
$123,410Estimated Equity
11% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
$1,344,200
Rent-to-Value Ratio: 0.72%
Rent Estimate
$6,204 /month
Positive
Cash Flow Estimate:
$2,068 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,065/month
$500/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
N/A
$521,400
2025
$234,850
$286,550
$521,400
No

Tax History

Year
Tax Paid
Assessed Value
2025
N/A
$521,400

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Susser Bank
Stand Alone Second / Subordinate Position
$940,000
No
First
Aug 22, 2024
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$910,590
$123,410
11%
88%
$5,636/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.

Explore Texas Explore This Area
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: Aledo

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2005 Meadowlark Ct | Property Details | No Agent List