Street View

2view

Owner Contacts

$1,135,503

224 Jennings Avenue, Boyd, TX, 76023

Off Market

4 Beds

3 Bath

3,436 Sq Ft

Single Family Residence

$552.97 / sqft

Built in 1972

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4

Bathrooms Full 2

Indoor Fireplace

Heating Central

Cooling

AppliancesDishwasher, Disposal, Gas Oven, Gas Range, Vented Exhaust Fan

FlooringTile

Exterior

Private Pool

Lot Size25.58 acres

Building Information

Year Built1972

Roof Type127

Garage Spaces1

Land Information

APNA0457.0039.00

SubdivisionA-457 J Jordan,

Land UseVacant Land

Legal DescriptionA-457 J JORDAN 25.5790 ACRES

Census Tract150605

Assessed Land Value$518,435

Assessed Improvement Value$617,068

Assessment Year2025

About this property

Beautiful Ranch Property with Custom Home, Pool, 20x20 Gazebo, Pond, Creek & Golf Course. Property has city water & sewer, it's in the ETJ and not in city limits. Great Potential for Future Development, Investors Dream, 1,800ft of road frontage down FM 730 South of commercial property, great commercial or residential development potential with new pipe fence & gate. Great opportunity for wedding venue or event center, dude ranch, shops & more. Jennings Ave is close to city limits, yet no permitting or restrictions. Across FM 730 South is a planned DR Horton home subdivision for 600-800 homes. Property offers tons of trees, existing 9-hole golf course & potential 64 lot development on 26 acres + adjoining 8 acres available. Landscape includes mature trees, a creek & pond. Ranch style home has 2,986sf with renovated, 3 bedrooms, 2 full baths, large living area & remodeled kitchen with travertine tile & spacious owner's suite. Detached 500sf guest quarters w 1 bedroom, bath & garage shop.

Investor Tools

$1,135,503

Estimated Property Value

$0Estimated Mortgage Balance

$704,782Estimated Equity

100% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$11,400 /month

Positive

Cash Flow Estimate:

$3,800 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$1,792/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$15,825

$1,135,503

2025

$518,435

$617,068

$1,135,503

Tax History

Year

Tax Paid

Assessed Value

2024

$15,825

$1,135,503

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Alliance Cu

Arm (Adjustable Rate Mortgage)

$478,400

First

May 31, 2019

N/A

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$430,721

$704,782

62%

38%

$2,946/mo

Learn About the Market: Opportunity in Texas

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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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