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$481,800

228 Glenwood Dr, Oak Point, TX, 75068

PendingInfo
Beds3 Beds
Baths2 Bath
Baths2,047 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$1.29 / sqft
Year BuiltBuilt in 2020

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesBuilt-In Gas Range, Dishwasher, Disposal, Microwave, Tankless Water Heater
FlooringCarpet, Combination, Tile, Wood

Exterior

Exterior FeaturesRain Gutters, Lighting, Private Yard
Lot Size7,042 sqft

Building Information

Year Built1981
Stories1
Roof Type105
Garage Spaces2

Land Information

APN18000200560130000
Lot Number13
SubdivisionBraewood West 2nd Rev
Land UseResidential
Legal DescriptionBRAEWOOD WEST 2ND REV BLK F LOT 13 INT202200233164 DD08292022 CO-DC 0002005601300 2CO00020056
Census Tract014119
Assessed Land Value$90,000
Assessed Improvement Value$341,180
Assessment Year2025

About this property

Beautifully upgraded, like-new home, never been leased! Located just one street from the amenity center that offers a generous size pool, two gyms, large indoor space that includes a kitchen, bathrooms, pool table, separate office spaces and more! This home sits on a 50ft lot, with three bedrooms, two baths and a flex space perfect for use as a game room, large office suite, or fourth bedroom. The kitchen features beautifully upgraded granite countertops, designer backsplash, plenty of cabinets and a walk-in pantry. The engineered wood floors throughout are in perfect condition with carpet in only the bedrooms. Oversized primary suite with a spa-like bathroom that includes an upgraded walk-in shower and double sinks. Right off the primary bath is a sizable closet that has an added door to lead directly to the laundry room for every day convenience. Nice size backyard with large covered patio and a gas plumb for easy grilling. Easy access to pool, community pond, I-35, DNT and Lake Lewisville. Only 10 minutes to Frisco! Tons of shopping, restaurants and grocery nearby, including Kroger, Aldi, Walmart, HEB and Costco, with a Target and more coming soon! Be the first to lease this gorgeous home and enjoy a serene lifestyle you are sure to love!

Investor Tools

Property Icon
$481,800
Estimated Property Value
$271,085Estimated Mortgage Balance
$238,527Estimated Equity
44% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,891 /month
Positive
Cash Flow Estimate:
$964 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$659/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,498
$431,180
2025
$90,000
$341,180
$431,180
No

Tax History

Year
Tax Paid
Assessed Value
2025
$5,498
$431,180

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Homeward Mortgage Llc
Conventional
$377,539
No
First
Aug 29, 2022
Sep 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$350,545
$80,635
18%
73%
$2,264/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,420/mo
$2,264/mo
+$156/mo
6.0%

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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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: Oak Point

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228 Glenwood Dr | Property Details | No Agent List