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$525,000

NAL Estimated Property Value

234 Raintree Dr, Highland Village, TX, 75077

Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths2,454 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$215.97 / sqft
Year BuiltBuilt in 1985

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Electric Cooktop, Electric Oven, Electric Range, Electric Water Heater

Exterior

Lot Size11,996 sqft

Building Information

Year Built1985
Stories1
Roof Type105
Garage Spaces3

Land Information

APNR87326
Lot Number9
SubdivisionMontclair Estates Sec 2
Land UseResidential
Legal DescriptionMONTCLAIR ESTATES SEC 2 BLK C LOT 9
Census Tract021513
Assessed Land Value$126,000
Assessed Improvement Value$385,363
Assessment Year2025

About this property

Welcome to Highland Village living at its finest, where grand oak trees and a spacious lot create a peaceful retreat in a beautifully established neighborhood. This charming single-story home blends classic character with everyday comfort, featuring a sparkling pool perfect for summer gatherings. Inside, hardwood floors add warmth and style throughout the living spaces. The living area centers around a beautiful brick gas-log fireplace with an extended hearth, ideal for relaxing or entertaining. The kitchen offers a sunny bay window breakfast nook while the tiled sunroom is filled with natural light thanks to two skylights and panoramic pool views. The private primary suite features a tray ceiling and closets with plenty of storage. Step outside to enjoy a covered patio, generous green space, perfect for play or pets. There's room for all your hobbies with an oversized two-car garage and a covered carport that's great for additional parking! Located in a friendly lakeside community with nearby parks, trails, and highly-rated schools, this home is a rare blend of comfort, character, and convenience. Don't miss the opportunity to enjoy Texas living with room to relax, entertain, and explore!

Investor Tools

Property Icon
$525,000
Estimated Property Value
$217,735Estimated Mortgage Balance
$307,265Estimated Equity
58% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,180 /month
Positive
Cash Flow Estimate:
$1,060 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$903/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$8,205
$511,363
2025
$126,000
$385,363
$511,363
No

Tax History

Year
Tax Paid
Assessed Value
2024
$8,205
$511,363

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Highlands Residential Mortgage Ltd
Fha
$281,801
Yes
First
Oct 21, 2015
Nov 2045

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$217,735
$307,265
58%
41%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,200/mo
N/A
+$3,200/mo
7.3%

City: Highland Village

234 Raintree Dr | Property Details | No Agent List