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$261,953

NAL Estimated Property Value

206 Wrangler Dr, Josephine, TX, 75189

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,545 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$162.46 / sqft
Year BuiltBuilt in 2021

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
AppliancesDishwasher
FlooringCarpet, Ceramic Tile, Vinyl

Exterior

Lot Size7,187 sqft

Building Information

Year Built2021
Stories1
Garage Spaces2

Land Information

APNR-12284-00B-0500-1
Lot Number50
SubdivisionMagnolia Phase 6 (Gcn)
Land UseResidential
Legal DescriptionMAGNOLIA PHASE 6 (GCN), BLK B, LOT 50; (SEE R-12284-00B-0500-W FOR MUD ONLY ACCOUNT)
Census Tract031201
Assessed Land Value$80,000
Assessed Improvement Value$181,953
Assessment Year2025

About this property

Experience peaceful country-suburban living in this charming single-story home, located in the welcoming Magnolia community of Josephine, TX. Built by D.R. Horton in 2021, this move-in-ready residence features an open-concept layout with high ceilings, large flexible living room, abundant natural light, and durable luxury vinyl plank (LVP) flooring throughout the main living areas. The modern kitchen is perfect for entertaining, offering a large center island with bright quartz countertops, stainless appliances, ample cabinetry, and generous prep space. The private primary suite serves as a comfortable retreat with a spacious closet and a well-appointed ensuite bathroom. A smart split-bedroom floor plan provides added privacy and flexibility—ideal for a guest room, home office, or additional flex space. The home is situated on a quiet horseshoe street near the neighborhood entrance, with minimal vehicle traffic. Enjoy the private covered patio and spacious fenced backyard, which backs up to peaceful, undeveloped land—offering unobstructed views and a serene setting. Community amenities include two swimming pools, recreational areas, and scenic walking trails. Located within Community ISD and just a short drive to Wylie and Rockwall, this home blends modern design, everyday comfort, and small-town charm in a growing North Texas neighborhood. Take an immersive 3D virtual tour to explore this home right now.

Investor Tools

Property Icon
$261,953
Estimated Property Value
$215,703Estimated Mortgage Balance
$46,250Estimated Equity
17% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,572 /month
Positive
Cash Flow Estimate:
$524 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$575/month
$480/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,589
$261,953
2025
$80,000
$181,953
$261,953
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,589
$261,953

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Dhi Mortgage Company Ltd
Conventional
$234,883
No
First
Jan 12, 2022
Feb 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$215,703
$46,250
17%
82%
$1,409/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,570/mo
$1,889/mo
+$681/mo
11.8%

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: Josephine

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206 Wrangler Dr | Property Details | No Agent List