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$374,920

NAL Estimated Property Value

231 Madrid, Kyle, TX, 78640

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths1,971 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$1.28 / sqft
Year BuiltBuilt in 2022

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling

Building Information

Year Built2021
Stories1
Roof Type105
Garage Spaces2

Land Information

APNR173152
Lot Number14
SubdivisionPlum Creek Phase 2 Sec 1
Land UseResidential
Legal DescriptionPLUM CREEK PHASE 2 SEC 1, BLOCK E, LOT 14 TAX CODES:RSP,SHA,ACCD,EHA,TKY2,PPCN
Census Tract010913
Assessed Land Value$70,800
Assessed Improvement Value$304,120
Assessment Year2025

About this property

Brand new home! Ceiling fans and a stainless steel refrigerator have been installed, as well as brushed nickel pulls on the cabinets. This energy efficient home has features including Ring Doorbell, Smart home garage and solar panels. Large island with corian counter tops and stainless steel appliances. Refrigerator included. The community is zoned for the highly regarded Hays ISD, and the local schools are all within minutes. Amenities in this community will be a Swimming Pool, Clubhouse, Park, Picnic Area, Splash Park and a Playground. Projected for completion summer 2022. Connectivity includes eero Pro 6 – mesh wifi system, Ring Alarm Security Kit – Base Station, Keypad, Motion Detector, Smoke and CO Listener, and Door Contact Sensor. Ring Video Doorbell Pro, LiftMaster® myQ® Smart Garage Control, Honeywell Home T6 Pro Z-Wave - smart thermostat, Smart front door lock, and Flo by Moen™ Smart Water Shutoff – water leak detector and smart water valve. https://my.matterport.com/show/?m=YJHqu8FZekv

Investor Tools

Property Icon
$374,920
Estimated Property Value
$273,737Estimated Mortgage Balance
$101,681Estimated Equity
26% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,250 /month
Positive
Cash Flow Estimate:
$750 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$996/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$10,075
$374,920
2025
$70,800
$304,120
$374,920
No

Tax History

Year
Tax Paid
Assessed Value
2024
$10,075
$374,920

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Lennar Mortgage Llc
Conventional
$295,350
No
First
May 31, 2022
Jun 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$273,737
$101,183
26%
73%
$1,771/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,630/mo
$1,771/mo
+$859/mo
8.4%

City: Kyle

231 Madrid | Property Details | No Agent List