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$882,000

NAL Estimated Property Value

213 Cedar Tree Lane, Heath, TX, 75032

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths3,394 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$206.25 / sqft
Year BuiltBuilt in 1999

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating Heat PumpHeating Heat Pump
AppliancesDishwasher, Disposal, Double Oven, Electric Cooktop, Electric Oven, Microwave, Plumbed For Ice Maker, Electric Water Heater
FlooringCarpet, Ceramic Tile, Wood

Exterior

Private PoolPrivate Pool
Exterior FeaturesRain Gutters, Lighting, Storage
Lot Size1.00 acres

Building Information

Year Built1999
Stories1
Garage Spaces8

Land Information

APN3255-0000-0010-00-0R
Lot Number10
SubdivisionThe Cedars
Land UseResidential
Legal DescriptionTHE CEDARS, LOT 10, ACRES 1.003
Census Tract040507
Assessed Land Value$265,000
Assessed Improvement Value$583,024
Assessment Year2025

About this property

Incredible 1 story home on over 1 acre of land! Sparkling backyard oasis just in time for summer! Pool with waterfall, massive covered outdoor living area & kitchen, 14x10 pool house, putting green & more! Gorgeous interior with wood floors, designer lighting & large sunny windows complement open floor plan. Gourmet kitchen has granite, island, electric cooktop, double ovens, walk-in pantry, open to family rm with stunning pool views thru wall of windows. Divine master suite has pool views, sitting area & spa-like bath incl. dual walk-in closets with custom built-ins & remote for the blinds! 39x39 detached shop makes great RV or boat storage with RV 220 plug & waste connections. Recent cedar fence, metal roof.

Investor Tools

Property Icon
$882,000
Estimated Property Value
$428,223Estimated Mortgage Balance
$453,777Estimated Equity
51% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$5,292 /month
Positive
Cash Flow Estimate:
$1,764 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,406/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$12,463
$848,024
2025
$265,000
$583,024
$848,024
No

Tax History

Year
Tax Paid
Assessed Value
2024
$12,463
$848,024

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Great Western Financial Services Inc
Conventional
$482,000
No
First
Aug 19, 2020
Sep 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$428,223
$453,777
51%
49%
$2,890/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,010/mo
$2,890/mo
+$120/mo
4.1%

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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213 Cedar Tree Lane | Property Details | No Agent List