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$539,000

229 Scenic Rd, Trinidad, TX, 75163

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,458 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$369.68 / sqft
Year BuiltBuilt in 2018

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
AppliancesDishwasher, Disposal, Electric Range, Electric Water Heater, Microwave, Refrigerator
FlooringCarpet, Ceramic Tile

Exterior

Exterior FeaturesBoat Slip, Rain Gutters

Building Information

Year Built2018
Garage Spaces1

Land Information

APN3315-0008-0140-60
Lot Number14
SubdivisionLakewood (370)
Land UseResidential
Legal DescriptionLT 14 AB 608 J PING SUR, LAKEWOOD BLK 8 LT 14
Census Tract950802
Assessed Land Value$81,000
Assessed Improvement Value$382,052
Assessment Year2025

About this property

Finally, a newer modern lake home that doesn't need to be remodeled! Built in 2018 it is move in ready, modern & energy efficient. Home is an open floorplan that lives large. 8' Picture window enables open lake views. Protected cove for safe swimming. Vaulted living room with an electric FP is open to the kitchen with white shaker style cabinets & granite island! Refrigerator stays! Ceramic plank tile is throughout the main living area & extends onto the rear patio. Primary bedroom has lake view & features an ensuite bathroom with large shower, dual sinks, granite counter & walkin closet. Secondary bedrooms are split. Stackable WD also stays! Home is situated on two lots for privacy! Exterior features a steel retaining wall, large boat dock that does not obstruct your view, lake pump, sprinkler system, swim ladder & large grassy backyard with room to build an additional shop. 1 car garage for your lake toys! Convenient to DFW and nice drive in. Great rental opportunity!

Investor Tools

Property Icon
$463,052
Estimated Property Value
$130,000Estimated Mortgage Balance
$339,574Estimated Equity
72% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,234 /month
Positive
Cash Flow Estimate:
$1,078 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$727/month
$180/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,412
$463,052
2025
$81,000
$382,052
$463,052
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,412
$463,052

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Pennymac Loan Services Llc
Conventional
$130,000
No
First
Aug 29, 2023
Sep 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$123,478
$339,574
73%
27%
$780/mo

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: Trinidad

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229 Scenic Rd | Property Details | No Agent List