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$314,600

NAL Estimated Property Value

241 Madrid, Kyle, TX, 78640

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,601 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$187.32 / sqft
Year BuiltBuilt in 2021

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Microwave, Refrigerator, Washer/Dryer
FlooringCarpet, Vinyl

Exterior

Private PoolPrivate Pool
Exterior FeaturesPrivate Yard

Building Information

Year Built2021
Stories1
Roof Type105
Garage Spaces2

Land Information

APNR173151
Lot Number13
SubdivisionPlum Creek Phase 2 Sec 1
Land UseResidential
Legal DescriptionPLUM CREEK PHASE 2 SEC 1, BLOCK E, LOT 13 TAX CODES:RSP,SHA,ACCD,EHA,TKY2,PPCN
Census Tract010913
Assessed Land Value$70,800
Assessed Improvement Value$243,800
Assessment Year2025

About this property

Check out our "New Home Builder Like INCENTIVES" that can allow your buyer to lower the interest rates into the 5's!!!! Contact list agent to discuss. Amazing 2021 year built Lennar home that is in move in condition with an excellent lay out w/ 3 bedrooms and 2 Full Baths! As you enter the home, you are met with an entry way that leads you to front Secondary Bedrooms. Upgraded kitchen completed with Stainless Steel Appliances including Gas Cooktop, built in microwave, dishwasher, and refrigerator opens wide open to the family room. Vinyl Laminate flooring through out and paint is in excellent condition!!!

Investor Tools

Property Icon
$314,600
Estimated Property Value
$237,829Estimated Mortgage Balance
$77,124Estimated Equity
24% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,888 /month
Positive
Cash Flow Estimate:
$629 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$862/month
$65/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$8,774
$314,600
2025
$70,800
$243,800
$314,600
No

Tax History

Year
Tax Paid
Assessed Value
2024
$8,774
$314,600

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Fairway Independent Mortgage Corp
Conventional
$239,920
No
First
Oct 21, 2025
Nov 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$237,829
$76,771
24%
76%
$1,439/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,270/mo
$1,504/mo
+$766/mo
8.7%

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: Kyle

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241 Madrid | Property Details | No Agent List