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$451,000

NAL Estimated Property Value

2225 Elm Pl, Northlake, TX, 76247

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths2,275 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$1.3 / sqft
Year BuiltBuilt in 2021

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Bathrooms Half 1Bathrooms Half 1
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Oven, Gas Cooktop, Microwave, Tankless Water Heater
FlooringCarpet, Ceramic Tile, Vinyl

Exterior

Private PoolPrivate Pool
Exterior FeaturesRain Gutters
Lot Size4,400 sqft

Building Information

Year Built2021
Stories2
Roof Type105
Garage Spaces2

Land Information

APNR960446
Lot Number7
SubdivisionPecan Square Phase 2a-1
Land UseResidential
Legal DescriptionPECAN SQUARE PHASE 2A-1 BLK 2E LOT 7
Census Tract020314
Assessed Land Value$76,992
Assessed Improvement Value$374,008
Assessment Year2025

About this property

Welcome home to this beautifully maintained 3-bedroom, 3-bath residence in the highly sought-after Pecan Square community of Northlake. Built in 2021, this spacious home offers a modern open-concept design with abundant natural light and luxury vinyl plank flooring, creating the perfect space for both everyday living and entertaining. The stylish kitchen is the heart of the home, featuring a large island with breakfast bar, gas cooktop, ample cabinetry, and generous counter space. It flows seamlessly into the living and dining areas, making it ideal for gathering with family and friends. A flexible floor plan provides comfortable bedrooms, generous storage, and room to work, relax, or host guests. The private primary suite offers a peaceful retreat with a spacious bath and ample closet space. Enjoy all the amenities and lifestyle that Pecan Square is known for, including resort-style amenities, parks, trails, community events, and gathering spaces. Conveniently located near shopping, dining, major highways, and zoned to highly regarded Northwest ISD schools. For travel conveniences, it's a quick drive to DFW airport. Don't miss this opportunity to lease a newer home in one of North Texas' most desirable master-planned communities.

Investor Tools

Property Icon
$451,000
Estimated Property Value
$262,762Estimated Mortgage Balance
$188,749Estimated Equity
42% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,706 /month
Positive
Cash Flow Estimate:
$902 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$687/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,987
$451,000
2025
$76,992
$374,008
$451,000
No

Tax History

Year
Tax Paid
Assessed Value
2025
$5,987
$451,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Highland Homeloans Llc
Conventional
$290,513
No
First
Jul 29, 2021
Aug 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$262,762
$194,238
42%
58%
$1,742/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,120/mo
$1,742/mo
+$1,378/mo
8.3%

City: Northlake

2225 Elm Pl | Property Details | No Agent List