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$226,789

NAL Estimated Property Value

220 Weatherboard Dr, Nevada, TX, 75173

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,255 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$173.31 / sqft
Year BuiltBuilt in 2024

Property Lead Type:

BankruptcyPre-ForeclosureOff-Market ListAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
AppliancesDishwasher, Electric Range, Gas Water Heater, Microwave
FlooringVinyl

Exterior

Lot Size7,187 sqft

Building Information

Year Built2024
Stories1
Garage Spaces2

Land Information

APNR-13044-00N-0150-1
Lot Number15
SubdivisionWaverly Estates
Land UseResidential Single Family
Legal DescriptionWAVERLY ESTATES PHASE 4 (GCN), BLK N, LOT 15
Census Tract031201
Assessed Land Value$85,000
Assessed Improvement Value$141,789
Assessment Year2025

About this property

Welcome to this beautifully maintained single-story home in the Waverly Estates community of Josephine. Built in 2024, this 3-bedroom, 2-bath residence delivers modern comfort across a bright, open floor plan perfect for everyday living and easy entertaining. Brand new unused appliances and luxury vinyl plank have been installed in June 2026. The heart of the home is a spacious island kitchen featuring granite countertops, a breakfast bar, built-in cabinetry, a walk-in pantry, and an eat-in dining area that flows seamlessly into the living space. The primary suite offers a private ensuite bath and walk-in closet, while two additional bedrooms with walk-in closets sit on a split layout for added privacy. Enjoy energy-efficient features including LED lighting, and a programmable thermostat. Step outside to a covered patio overlooking a fenced backyard, ready for relaxing or making your own. A two-car attached garage rounds out the package. Situated in Community ISD with quick access to Interstate 30, Rockwall, and the greater DFW Metroplex, this move-in ready home combines value, and location. Schedule your showing today!

Investor Tools

Property Icon
$226,789
Estimated Property Value
$162,475Estimated Mortgage Balance
$64,574Estimated Equity
37% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,361 /month
Positive
Cash Flow Estimate:
$454 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$156/month
$550/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$732
$226,789
2025
$85,000
$141,789
$226,789
No

Tax History

Year
Tax Paid
Assessed Value
2024
$732
$226,789

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
American Portfolio Mortgage Corp
Conventional
$167,990
No
First
Aug 29, 2024
Sep 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$162,475
$96,525
37%
72%
$1,008/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,972/mo
$1,558/mo
+$414/mo
10.4%

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: Nevada

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220 Weatherboard Dr | Property Details | No Agent List