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$583,000

2061 S Sky Meadows Drive, Caddo Mills, TX, 75135

On MarketInfo
Beds5 Beds
Baths3 Bath
Baths2,488 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$234.32 / sqft
Year BuiltBuilt in 2022

Property Lead Type:

High Equity

Highlights

Interior

Bedrooms 5Bedrooms 5
Bathrooms Full 3Bathrooms Full 3
Garage AvailableGarage Available
AppliancesDishwasher

Exterior

Exterior FeaturesRain Gutters, Lighting
Lot Size2 acres

Building Information

Year Built2022
Stories1
Garage Spaces2

Land Information

APN3914-0000-00B0-00
SubdivisionLopez Addition (Caddo Mills)
Land UseResidential
Legal DescriptionS3914 LOPEZ ADDITION (CADDO MILLS) LOT B ACRES 2.0 (REPLAT OF SKY MEADOWS PH 2 LTS 206-207)
Census Tract961402
Assessed Land Value$109,020
Assessed Improvement Value$398,460
Assessment Year2025

About this property

Stumble upon unparalleled luxury in this exquisite 5 bedroom, 3 bath home nestled in the tranquil Sky Meadows addition of Caddo Mills. Situated on a coveted cul-de-sac lot, this property offers a seamless blend of rustic charm and modern elegance, perfect for the discerning homeowner. Step inside to an open, light filled space featuring wood tile flooring throughout, high ceilings, and no carpet. The gourmet kitchen is a chef's dream, boasting floor-to-ceiling custom cabinetry, quartz countertops, a stunning backsplash, pot filler, and a sweeping oversized island. The dining area flows effortlessly into the open living room, accentuated by a tray ceiling, crown molding, and a striking wood-burning fireplace. The primary suite impresses with a sitting area, ensuite bath with dual sinks, a soaking tub, separate shower, and walk-in closet. Outside, the stone-and-brick facade complements a fully fenced property, ideal for equine enthusiasts. Enjoy privacy with a wooded backdrop and entertain on the covered back patio.

Investor Tools

Property Icon
$577,000
Estimated Property Value
$0Estimated Mortgage Balance
$40,400Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,498 /month
Positive
Cash Flow Estimate:
$1,166 /month

Interested in this property?

Stacie Noble

Coldwell Banker Apex, REALTORS

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$240/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
N/A
$507,480
2025
$109,020
$398,460
$507,480
No

Tax History

Year
Tax Paid
Assessed Value
2024
N/A
$507,480

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
M Squared Financial Llc
Va
$569,800
Yes
First
Apr 6, 2023
May 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$536,600
$40,400
7%
93%
$3,417/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.

Explore Texas Explore This Area
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: Caddo Mills

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2061 S Sky Meadows Drive | Property Details | No Agent List