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$836,000

212 Lake Way, Cross Roads, TX, 76227

Off MarketInfo
Beds4 Beds
Baths4 Bath
Baths4,144 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$194.16 / sqft
Year BuiltBuilt in 2008

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3.5Bathrooms Full 3.5
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Gas Cooktop, Gas Water Heater, Microwave, Plumbed For Ice Maker
FlooringCarpet, Ceramic Tile, Concrete, Wood

Exterior

Private PoolPrivate Pool
Exterior FeaturesLighting, Outdoor Grill, Playground, Other
Lot Size1.00 acres

Building Information

Year Built2008
Stories1
Roof Type105
Garage Spaces4

Land Information

APNR527423
Lot Number24
SubdivisionVillages At Cross Roads
Land UseResidential
Legal DescriptionVILLAGES AT CROSS ROADS BLK D LOT 24
Census Tract020121
Assessed Land Value$134,353
Assessed Improvement Value$701,647
Assessment Year2025

About this property

Custom built home in gated community on 1 acre lot . 4 large bedrooms and 4 FULL baths. Home has all the rooms you can want and include a Media room ,music room, PLUS game room and office with french doors and a secret closet. Kitchen is amazing and is open to main LV with eat in area and tons of cabinets and huge walk in pantry. Outside has a screened in porch lv area, and additional outdoor living area with grill and fireplace and room for TV. Backyard is a 10+++ with Inground trampoline, play set, HEATED pool with grotto and full sprinkler system watered off well that sides a beautiful greenspace in neighborhood with pond. Everyone can enjoy their own space with the split floorplan with over 4000 square feet . Location is convenient to grocery , Starbucks, restaurants and more. You will for sure want to put this on this list to see! It ia a true show stopper!!! *** MULTIPLE OFFERS in hand, best and final due no later than 1pm Monday March 21st****

Investor Tools

Property Icon
$836,000
Estimated Property Value
$774,547Estimated Mortgage Balance
$119,439Estimated Equity
7% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$5,016 /month
Positive
Cash Flow Estimate:
$1,672 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,187/month
$971/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$10,070
$836,000
2025
$134,353
$701,647
$836,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$10,070
$836,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Castle Mortgage Corp
Conventional
$774,547
No
First
May 3, 2022
Jun 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$716,561
$119,439
14%
86%
$4,644/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,680/mo
$5,615/mo
$-1,935/mo
5.3%

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.

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: Cross Roads

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212 Lake Way | Property Details | No Agent List