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$498,000

NAL Estimated Property Value

2050 Childress Rd, Heath, TX, 75126

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,463 Sq Ft
price_per_sqft$227.32 / sqft
Year BuiltBuilt in 2020

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Gas Cooktop, Microwave
FlooringCarpet, Ceramic Tile

Exterior

Private PoolPrivate Pool
Lot Size14,776 sqft

Building Information

Year Built2020
Stories2
Roof Type105
Garage Spaces2

Land Information

APN00.3872.0010.0027.00.97.00
Lot Number27
SubdivisionTravis Ranch Ph 3c Heath
Land UseResidential
Legal DescriptionTRAVIS RANCH PH 3C HEATH, BLOCK J, LOT 27
Census Tract050207
Assessed Land Value$112,500
Assessed Improvement Value$382,515
Assessment Year2025

About this property

$20,000 SELLER concession! A rare find! ROCKWALL - HEATH ISD! Located on an oversized lot this stunning home comes with over $200k in upgrades and a backyard oasis that cannot be matched! Wood-look porcelain tile floors span the main level and lead into the open-concept living, kitchen, primary bedroom, and stairs. Primary and guest bedrooms are conveniently located downstairs. Secondary bedrooms, bathroom, and game room are located on the 2nd floor. The kitchen is complete with granite countertops, stainless steel appliances, white cabinets, and stunning backsplash that pulls it all together. Flooded with plenty of natural light, the main living room and primary bedroom offer a spacious and open ambiance. Right outside your kitchen, the patio boasts a beautifully sized heated pool, with a hot tub and waterfalls feature. Extended patio area with plenty of room to entertain and host family and friends for those long hot summer nights. 10X20 slab build shed stays. Close proximity to Lake Ray Hubbard!

Investor Tools

Property Icon
$498,000
Estimated Property Value
$399,274Estimated Mortgage Balance
$98,726Estimated Equity
19% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,359 /month
Positive
Cash Flow Estimate:
$1,120 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$400/month
$436/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,311
$495,015
2025
$112,500
$382,515
$495,015
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,311
$495,015

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Mortgage Link
Conventional
$405,200
No
First
Jul 25, 2025
Aug 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$399,274
$98,726
19%
80%
$2,430/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: Heath

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2050 Childress Rd | Property Details | No Agent List