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$615,000

2220 Cross Timbers Drive, Lowry Crossing, TX, 75069

PendingInfo
Beds4 Beds
Baths2 Bath
Baths2,559 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$240.33 / sqft
Year BuiltBuilt in 2001

Property Lead Type:

BankruptcyPre-ForeclosureOff-Market ListHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Electric Oven
FlooringCeramic Tile

Exterior

Lot Size1.02 acres

Building Information

Year Built2001
Stories1
Roof Type105
Garage Spaces2

Land Information

APNR-3596-000-0830-1
Lot Number83
SubdivisionCrossing Phase Ii Section I The (Clc)
Land UseResidential
Legal DescriptionCROSSING PHASE II SECTION I THE (CLC), LOT 83
Census Tract031007
Assessed Land Value$125,000
Assessed Improvement Value$409,470
Assessment Year2025

About this property

Custom built home • No HOA • 1-acre corner estate • Foundation improvements have been completed with transferable warranty. So much to offer with this 4-bed, 2-bath single-story brick home on a 1.02-acre lot with mature trees, fruit-bearing shrubs, vines, and perennials. Inside, enjoy an open-concept floor plan with two spacious living areas and a granite island kitchen overlooking dining spaces. The ultra-functional 30' × 50', 15-ft-high workshop built in 2020 features a Weaver 2-post lift, three 10×10 doors overhead doors, 220 V outlet (welder or RV), plus a mounted TV and projector screen for a garage-lounge vibe. There are two driveways for easy access. Comfort is ensured with a 5-ton, 16-SEER two-phase heat pump installed ~4 years ago. Outdoors, a 14' × 35' covered patio with a misting system invites relaxation, and a 9' × 19' secondary workshop plus 9' × 13' storage shed add bonus utility. Located in Princeton ISD (Harper Elementary), just minutes from major roadways. Bring your vision — there’s room to expand, garden, or add a pool.

Investor Tools

$273,402Estimated Mortgage Balance
$335,598Estimated Equity
55% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,690 /month
Positive
Cash Flow Estimate:
$1,230 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$829/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,902
$534,470
2025
$125,000
$409,470
$534,470
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,902
$534,470

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
First United Bank & Trust Co
Fha
$312,240
Yes
First
Feb 11, 2020
Mar 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$273,402
$335,598
55%
45%
$1,873/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,572/mo
$1,873/mo
+$699/mo
5.1%

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: Lowry Crossing

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2220 Cross Timbers Drive | Property Details | No Agent List