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$724,900

231 Heirloom Drive, McLendon Chisholm, TX, 75032

$740,228 ARVInfo
On MarketInfo
Beds5 Beds
Baths5 Bath
Baths3,475 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$208.6 / sqft
Year BuiltBuilt in 2024

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 5Bedrooms 5
Bathrooms 5Bathrooms 5
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating GasHeating Gas
CoolingCooling
AppliancesDishwasher, Disposal, Dryer, Electric Oven, Gas Cooktop, Microwave, Refrigerator, Washer
FlooringCarpet, Ceramic Tile, Wood

Exterior

Exterior FeaturesAwning(s)
Lot Size1.01 acres

Building Information

Year Built2024
Stories1
Garage Spaces3

Land Information

APN3891-000A-0008-00-0R
Lot Number8
Land UseResidential Sfr Non-Waterfront
Legal DescriptionHERITAGE PHASE TWO BLK A LOT 8
Census Tract040508
Assessed Land Value$70,000
Assessed Improvement Value$563,787
Assessment Year2025

About this property

Welcome to 3,475 square feet of thoughtfully designed, single-story luxury on a private one-acre lot in the highly sought-after Heritage community. The Altura Homes Haydon floor plan delivers everything today's families are looking for: space, style, and seamless functionality, all in prestigious Rockwall ISD with McLendon Chisholm's exceptionally low tax rates. This expansive 5 bedroom, 5 bathroom home is built for comfortable family living and effortless entertaining. At its heart is an open concept great room, dining area, and chef-ready kitchen that flows together beautifully, perfect for hosting gatherings or everyday moments. The generously sized bedrooms provide plenty of room for growing families or multigenerational living, while the luxurious primary suite offers a true retreat with a spa like bathroom and an oversized walk in closet. Step outside to discover the indoor outdoor living experience that makes Texas living special. The home's wide footprint connects seamlessly to a spacious covered patio ideal for morning coffee, summer barbecues, or watching the kids play across your sprawling one-acre lot. With a multi car garage, thoughtful layout, and room to spread out, this beautiful home gives you everything you've been searching for without compromise.

Investor Tools

Property Icon
$663,000
Estimated Property Value
$0Estimated Mortgage Balance
$169,499Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$740,227
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,349 /month
Positive
Cash Flow Estimate:
$1,450 /month

Interested in this property?

Leighton Pinkham

Regal, REALTORS

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$363/month
$695/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,044
$633,787
2025
$70,000
$563,787
$633,787
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,044
$633,787

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Independent Bank
Conventional
$507,029
No
First
Dec 30, 2024
Jan 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$493,501
$169,499
25%
74%
$3,040/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,310/mo
$3,735/mo
$-1,425/mo
4.2%

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: McLendon Chisholm

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231 Heirloom Drive | Property Details | No Agent List