1view

$649,900

237 Open Sky Drive, Aledo, TX, 76008

Off Market

5 Beds

4 Bath

3,210 Sq Ft

Single Family Residence

$202.46 / sqft

Built in 2018

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 5

Bathrooms 4

Garage Available

AppliancesDishwasher, Disposal, Electric Oven, Electric Water Heater, Gas Cooktop, Microwave, Plumbed For Ice Maker

FlooringCarpet, Ceramic Tile

Exterior

Exterior FeaturesOther

Building Information

Year Built2018

Stories2

Garage Spaces2

Land Information

APN15282-044-029-00

Lot Number29

SubdivisionMorningstar

Land UseResidential

Legal DescriptionLOT: 29 BLK: 44 SUBD: MORNINGSTAR

Census Tract140713

Assessed Land Value$90,000

Assessed Improvement Value$471,750

Assessment Year2025

About this property

*** Oooh la la! *** HUGE Price Correction! *** BUILDER’S Personal Home – AND it SHOWS! *** Immaculate gem nestled in Morningstar Addition in the highly sought after Aledo ISD! *** this 5 bedrooms, 3 full bathrooms, one half bath, oversized 3-Car Garage, plus flex space AND a game room! WHAAAAT?! Yep… All in a gorgeous open floorplan, bonus room, flex room, gourmet kitchen, breakfast bar, oversized patio, garage clean enough to host guests in for dinner! Truly a dream…and an entertainers dream with large covered, stained back patio, large front patio, beautiful entry with stunning staircase! Crazy beautiful floorplan on an oversized lot with extra side yard, large 30x10 shed with backdoor access from garage. You will love your new neighborhood with amenities that include: 2 pools, splash pad, playground, walking trails, clubhouse, soccer field, stocked ponds, basketball court, dog park, bike & jogging trails, sidewalks throughout. *** Don't miss this CRAZY gorgeous home!

Investor Tools

$561,750

Estimated Property Value

$0Estimated Mortgage Balance

$22,714Estimated Equity

100% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$3,899 /month

Positive

Cash Flow Estimate:

$1,300 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$234/month

$235/month

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

N/A

$561,750

2025

$90,000

$471,750

$561,750

Tax History

Year

Tax Paid

Assessed Value

2025

N/A

$561,750

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Watermark Capital Inc

Conventional

$579,500

First

Aug 8, 2022

Sep 2052

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$539,036

$22,714

96%

$3,475/mo

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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