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$332,000

NAL Estimated Property Value

2050 Alamandine Ave, Cross Roads, TX, 76227

Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths1,852 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$197.08 / sqft
Year BuiltBuilt in 2018

Property Lead Type:

Off-Market ListAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Gas Range
FlooringCarpet, Ceramic Tile, Vinyl

Exterior

Lot Size5,489 sqft

Building Information

Year Built2018
Stories1
Roof Type105
Garage Spaces2

Land Information

APNR724533
Lot Number8
SubdivisionHillstone Pointe West Phase 2
Land UseResidential
Legal DescriptionHILLSTONE POINTE WEST PHASE 2 BLK A LOT 8
Census Tract020121
Assessed Land Value$87,474
Assessed Improvement Value$244,526
Assessment Year2025

About this property

MULTIPLE OFFERS RECEIVED. DEADLINE MONDAY 05.08.23 by 3 p.m. HARD TO FIND LOW TAXES! NO MUD NO PID makes this a great first time home buyer's purchase or a great investment property. Well maintained and only a few years old. House is in a quiet community and a great a location. Neighboring major cities like Little Elm, Frisco, McKinney and Denton. Major highways are easily accessible. Stainless steel appliances, gas stove, quartz countertops, luxury vinyl flooring, and a fabulous back patio with a peaceful greenbelt view. Boasting 4 bedrooms, this house is definitely one you'll want to see. Well maintained, original owner occupied, and has not previously been a rental. This home is turnkey and ready for a new owner to love.

Investor Tools

Property Icon
$332,000
Estimated Property Value
$224,583Estimated Mortgage Balance
$107,417Estimated Equity
32% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,190 /month
Positive
Cash Flow Estimate:
$730 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$547/month
$520/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,908
$332,000
2025
$87,474
$244,526
$332,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,908
$332,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Westlake Capital Funding Llc
Conventional
$237,250
No
First
Jun 5, 2023
Jul 2038

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$224,583
$107,417
32%
68%
$1,423/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,680/mo
$1,943/mo
+$1,737/mo
13.3%

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: Cross Roads

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2050 Alamandine Ave | Property Details | No Agent List