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$369,130

NAL Estimated Property Value

2040 Ezell Drive Drive, Iowa Colony, TX, 77583

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,484 Sq Ft
price_per_sqft$173.58 / sqft

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 5Bathrooms Full 5
Garage AvailableGarage Available
Heating ElectricHeating Electric
CoolingCooling
AppliancesDisposal, Ice Maker, Gas Oven, Microwave, Gas Range, Dishwasher
FlooringCarpet, Vinyl

Exterior

Private PoolPrivate Pool
Lot Size5,040 sqft

Building Information

Year Built2020
Stories2
Roof Type105
Garage Spaces2

Land Information

APN7791-1305-025
Lot Number25
SubdivisionSterling Lakes At Iowa Colony Sec 13
Land UseResidential
Legal DescriptionSTERLING LAKES AT IOWA COLONY SEC 13 (A0289 HT&B) BLK 5 LOT 25
Census Tract661902
Assessed Land Value$55,240
Assessed Improvement Value$313,890
Assessment Year2025

About this property

*on mobile device go to Documents under photo to view interior floor plan & exterior elevations! (Tab 1 & Tab 2) Built with you in mind. A home that you will enjoy from years to come, inside and outside. Steeple chase roof design provides a distinctive entry for this single story plan. A foyer area, at the entry that is perfect for paintings, photos or pictures; additionally accenting an entry builder design that says yes... This home is contemporary and modern; the builder has meticulously chosen exterior and interior pallets that are 2020 and beyond. The Living, Dinning and Kitchen offer a natural light setting, with a peninsula area that allows adequate counter space, for 5 course meals! Industry leading brands such as Moen, Whirpool, Sherman Williams, Tech Shield-Radiant Barrier and Lennix are the builders standards. A energy package for savings and a 10 year structural package is waiting. Come see what's happening in Sterling Lakes!!!

Investor Tools

Property Icon
$369,130
Estimated Property Value
$242,046Estimated Mortgage Balance
$127,084Estimated Equity
34% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,215 /month
Positive
Cash Flow Estimate:
$738 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$580/month
$700/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,110
$369,130
2025
$55,240
$313,890
$369,130
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,110
$369,130

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Academy Mortgage Corp
Fha
$255,290
Yes
First
Dec 31, 2020
Jan 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$242,046
$127,084
34%
66%
$1,616/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: Iowa Colony

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