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$1,057,000

NAL Estimated Property Value

201 Carriage Hill Ln, Heath, TX, 75032

$1,171,532 ARVInfo
Off MarketInfo
Beds5 Beds
Baths5 Bath
Baths5,253 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$182.56 / sqft
Year BuiltBuilt in 1994

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 5Bedrooms 5
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating GasHeating Gas
CoolingCooling
AppliancesDishwasher, Disposal, Electric Cooktop, Electric Oven, Microwave
FlooringCarpet, Ceramic Tile, Hardwood, Wood

Exterior

Private PoolPrivate Pool
Exterior FeaturesAwning(s), Barbecue, Basketball Court, Built-in Barbecue, Rain Gutters, Lighting, Private Yard, Other, Outdoor Grill
Lot Size1.11 acres

Building Information

Year Built2002
Stories1
Garage Spaces6

Land Information

APN3246-0001-0007-00-0R
Lot Number7
SubdivisionCarriage Hill Estates
Land UseResidential
Legal DescriptionCARRIAGE HILL ESTATES, BLOCK 1, LOT 7, ACRES 1.11
Census Tract040507
Assessed Land Value$230,000
Assessed Improvement Value$732,512
Assessment Year2025

About this property

$40K Price reduction!!!! Embrace the freedom with NO HOA restrictions! Nestled on over an acre, this stunning property boasts expansive grounds backing onto lush greenery, tucked away at the end of a cul-de-sac. A rare gem offering unparalleled uniqueness without the confines of an HOA! Enjoy the spaciousness of two living areas and a porte-cochère. With upgraded flooring and a revamped kitchen in the main living spaces, this home offers endless possibilities. Mature trees grace the landscape, providing a serene country ambiance, all while being mere minutes from grocery stores and charming Rockwall eateries! Don't let this opportunity slip away especially with summer around the corner– take advantage of the sparkling pool and expansive backyard for memorable gatherings! Near Me: 1 Mile to Standard Service Restaurant, 1.2 miles to Mannys Tex-Mex Restaurant, 1.8 Miles to Heath High School, 0.9 Miles to Tom Thumb Grocery Store and 2.5 Miles to Home Depot and Lowes

Investor Tools

Property Icon
$1,057,000
Estimated Property Value
$874,728Estimated Mortgage Balance
$182,272Estimated Equity
17% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$1,171,532
Rent-to-Value Ratio: 0.72%
Rent Estimate
$6,342 /month
Positive
Cash Flow Estimate:
$2,114 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,174/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$8,799
$962,512
2025
$230,000
$732,512
$962,512
No

Tax History

Year
Tax Paid
Assessed Value
2024
$8,799
$962,512

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Crosscountry Mortgage Llc
Conventional
$882,000
No
First
Mar 20, 2025
Apr 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$874,728
$182,272
17%
83%
$7,015/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,010/mo
$7,015/mo
$-4,005/mo
3.4%

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: Heath

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201 Carriage Hill Ln | Property Details | No Agent List