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NoAgentList RatingHow are grades calculated?Info

$298,000

NAL Estimated Property Value

220 Sorrel Trl, Keller, TX, 76248

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,311 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$171.62 / sqft
Year BuiltBuilt in 1986

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesElectric Range, Microwave
FlooringCarpet, Tile

Exterior

Lot Size4,121 sqft

Building Information

Year Built1986
Stories2
Garage Spaces2

Land Information

APN45803-4-11
Lot Number11
SubdivisionWest Bursey Ranch Addition
Land UseResidential
Legal DescriptionWEST BURSEY RANCH ADDITION BLOCK 4 LOT 11
Census Tract113812
Assessed Land Value$50,000
Assessed Improvement Value$225,759
Assessment Year2025

About this property

Calling all investors! Opportunity knocks on your next flip house or fixer upper rental property. 3 bedroom, 2 bathroom, 2 car garage. Soaring ceilings in family room. Dedicated laundry room. One bedroom downstairs and two bedrooms upstairs. Foundation work needs to be done. Structural Engineer report available for review. Spacious fenced backyard. ***cash only transaction***. MULTIPLE OFFERS RECEIVED. HIGHEST AND BEST DUE BY MON FEB 12 2024 NOON.

Investor Tools

Property Icon
$298,000
Estimated Property Value
$290,349Estimated Mortgage Balance
$7,651Estimated Equity
2% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,788 /month
Positive
Cash Flow Estimate:
$596 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$551/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,125
$275,759
2025
$50,000
$225,759
$275,759
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,125
$275,759

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Pennymac Loan Services Llc
Conventional
$299,250
No
First
Sep 20, 2024
Oct 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$290,349
$7,651
2%
97%
$1,795/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,510/mo
$1,795/mo
+$715/mo
10.1%

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.

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: Keller

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220 Sorrel Trl | Property Details | No Agent List